Is there any practical usage for smart contracts?

Gambling. Smart Contracts run exactly as written. No funny business behind some chink or rusky servers.

>>>/biz/

>>62241360
No nigger, I'm not trading ether. I'm wondering if there's a practical use for smart contracts.

>>62241346
besides that
>DNS (ENS) registration
>on-chain wallets (think: permanent)
>decentralized exchanges and off-chain transactions

>>62241330
Permanent record of the contract verifiable by millions of PCs

It would be practical for any situation where you want to confirm the authenticity of a piece of information without the involvement of a 3rd party or central authority which can be prone to error.

>>62241346
Doesn't winner only gain Ether?

>>62241374
For DNS, see above.

>>62241371
Exactly what I was thinking

I know some guys who started a id verification business running over eth smart contracting

it was a shit business and they weren't making any money but then suddenly eth appreciated and they're all rich now

lel

>>62241416
yes, but you can write a smart contract to gamble other ether tokens

>>62241417
>the military probably will have a lot of uses for it

Idk why they deleted that

>>62241346
and what is the RNG?

>>62241489
>Upon receiving a valid bet via the
playerRollDice(uint rollUnder)
function, our smart contract queries Oraclize.it via a partially encrypted, nested query. A partially encrypted,
nested query ensures that the API key Etheroll uses to call Random.org remains safe, whilst
publicly exposing our random number request and range, to ensure players the Etheroll
smart contract is behaving honestly.

>>62241430
Loomernaty confirmed behind ETH

Just bought 100k

>>62241581
I'll be honest, I've never heard of Oraclize and I don't understand how that's possible without putting a lot of trust in one particular party. But I'll read up on it