Tokens & Smart Contracts

The reason blockchain has been hyped as the pillar of cryptocurrencies is that it enables users to __________ their assets instead of relying on a central entity.

This aspect opens up new possibilities for bookkeeping systems, allowing ________ trade of a currency.

The smart contracts tokens reside in can actually contain a variety of methods and conditions that are evaluated ___________ the execution of a transfer.

Smart contracts usually emit a form of __________ on the blockchain when a transaction occurs that signify external services to carry out some form of task.

These services then proceed to verify the transaction and usually relay a ___________ to the blockchain to notify the user.

The core benefit of implementing such services on the blockchain is that it is possible create applications without _________.

In turn, this removes any form of intermediary in the usage of the application and thus applications can be created as ______________ against malicious code execution.

However, this element is left up to the programmer of a smart contract. As such, the __________ factor still remains.

A lot of vulnerable smart contracts have resulted in the loss of huge sums of money, with the most famous compromisation being that of the DAO which resulted in ________.

To amend this issue, certain smart contract languages exist that attempt to make it harder for programmers to make a mistake, such as __________.