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Autonomously executing smart contracts #57

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Netherdrake opened this issue Jun 30, 2017 · 6 comments
Closed

Autonomously executing smart contracts #57

Netherdrake opened this issue Jun 30, 2017 · 6 comments
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Someday Maybe - f...

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@Netherdrake
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Netherdrake commented Jun 30, 2017 •
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One of the limitations of Ethereum contracts is that they need to be called (and paid for) manually, each time the user wants to do anything.

This greatly limits dapps in their scope of functionality.

Are there any plans for mechanisms in EOS that would allow for:
a.) smart contracts execution being scheduled programmatically
b.) smart contracts having the ability to perform pre-authorized transactions, based on agreed upon specification

Example 1:
Vests power-down on Steem is illustrating the desired autonomous ability of a decentralized application. The user will get their Steem credited to their account, every week, without a need do anything beyond initiating the hard-coded contract.

Example 2:
Credit Card subscriptions are a popular mean of payments in the legacy world. It would be very burdensome for merchants to try and re-commit their clients to re-purchase. Additional friction is created on the buyer side, as they have to allocate their time and energy to a tedious process of paying their bills.
Perhaps a smart contract mimicking the subscriptions pattern would be an important addition for dapps.
@nmushegian
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Sounds like https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md#messages-with-mandatory-delay

@bytemaster
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Yes this is something we are actively thinking about.

@MatthewPappas MatthewPappas mentioned this issue Aug 18, 2017
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@batonio
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batonio commented Sep 14, 2017

@bytemaster, to which phase of the project would you like to include this case?

@gustavomick
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@bytemaster any updates on this one? thanks

@hayekw
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hayekw commented Mar 23, 2018

I do hope EOS has these features

@heifner
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heifner commented Jun 8, 2018

These two features are available in eos.io.

@heifner heifner closed this as completed Jun 8, 2018
taokayan pushed a commit to taokayan/eos that referenced this issue May 15, 2019
@larryk85
Merge pull request EOSIO#57 from EOSIO/fix/unused_decl
2c106a0 
Remove unused declarations.
NorseGaud pushed a commit that referenced this issue Jul 30, 2019
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@bytemaster @nmushegian @Netherdrake @heifner @gustavomick @hayekw @batonio @thomasbcox