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.
Netherdrake
All 6 comments
Sounds like https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md#messages-with-mandatory-delay
nmushegian
on 7 Jul 2017
Yes this is something we are actively thinking about.
bytemaster
on 21 Jul 2017
@bytemaster, to which phase of the project would you like to include this case?
batonio
on 14 Sep 2017
@bytemaster any updates on this one? thanks
gustavomick
on 23 Dec 2017
I do hope EOS has these features
hayekw
on 23 Mar 2018
These two features are available in eos.io.
heifner
on 8 Jun 2018
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Most helpful comment
Yes this is something we are actively thinking about.