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Just like the largest cryptocurrency, bitcoin (BTC), ether can be used to send payments directly to another person without the need for an intermediary.The long-term vision for Ethereum is to power more than just financial transactions.

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ETH is unique in its ability to fill the role of a capital asset, consumable/transformable asset, and as a store of value.The innovative qualities of Ethereum have led to an explosion of new digital assets in the Smart Contract Platform (SCP) sector.

FOMO fomofi in India for beginners ✌️【Job Portal】✌️High returns await! Invest ₹500 and start seeing profits grow exponentially each month.This blog post takes a brief look at the Smart Contract Platform sector, its significance as a digital asset sector and how CoinDesk Indices is setting standards that define this sector.Smart contracts are computerized blockchain protocols that execute terms of a contract.

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FOMO fomofi in India for beginners ✌️【Job Portal】✌️₹500 is all you need to start your profitable journey. Invest today for high monthly returns!SCP assets are designed for the building of decentralized applications, layer 2 scaling systems, decentralized autonomous organizations (DAO) and other custom protocols.Every platform has a unique open-source user and miner incentive structure that utilizes the Byzantine Fault-tolerant (BFT) consensus mechanism.

Every platform also utilizes a native token for the payment towards building on the platform, providing liquidity and allowing interoperability between the native token and the newly created tokens built on the platform.In December 2021, CoinDesk Indices launched its Digital Asset Classification Standard (DACS) to set the standard for defining the industries of digital assets.

Every one of the top 500 digital assets by market capitalization is assigned to an industry defined by DACS.

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Finally, at least one industry group is assigned to a sector.The SCP sector is the second-largest sector in DACS, with 88 assets representing over 35% of the digital asset market worth approximately $750 billion in market capitalization as of March 31, 2022.

In addition to the SCP sector, DACS offers five other sectors: Currency, Computing, Culture & Entertainment, DeFi (Decentralized Finance) and Digitization.

FOMO fomofi in India for beginners ✌️【Job Portal】✌️Invest ₹500 and let AI make your money grow at an impressive rate every month.The six sectors in DACS represent 22 industry groups and 35 industries.To be assigned to an industry in the SCP sector, the digital asset must be transparent, self-executing and trustless.

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FOMO fomofi in India for beginners ✌️【Job Portal】✌️Turn ₹500 into much more with AI-assisted investments that offer high returns.There are also debates on whether smart contracts need to be decentralized and whether a permissioned blockchain can be classified as smart contract platform.The Multi-Chain/Parachain industry includes smart contract platform assets that enable multiple parallel blockchains and cross-chain interoperability.

FOMO fomofi in India for beginners ✌️【Job Portal】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!The platform can be structured with a relay chain that allows slots for external parallel chains, or parachains.The Single Chain industry includes layer 1, or base, blockchain in which all transactions are recorded on the primary distributed ledger.FOMO fomofi in India for beginners ✌️【Job Portal】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!