How to Create the Resilience Protocol on Ethereum
with smart-contracts


Don't panic, it's much simpler than it looks. Contracts are divided into two parts. The first section, entitled init, is code that initializes the contract, its default parameters during instantiation if you will. That initialisation code gets run only once when the contract is created, and never again. 
init:
  # *** An Ethereum smart contract to create and update dividend pathways"
  # First, store buyer's ethereum address:
  contract.storage["BUYER"] = 0x6af26739b9ffef8aa2985252e5357fde
  # Then, store buyer's dividendRate
  contract.storage["BUYER_DIVIDENDRATE"] = msg.data[0]
  # Then, store seller's ethereum address:
  contract.storage["SELLER"] = 0xfeab802c014588f08bfee2741086c375
  # Then, create dividend pathway
  contract.storage["DIVIDEND_PATHWAY"] = msg.value
code:
  # If the account recieves dividends:
  if tx.origin == "BUYER":
    # ... then decrease the dividend pathway
    contract.storage["DIVIDEND_PATHWAY"] = (contract.storage["DIVIDEND_PATHWAY"] - msg.value)

The second part of the contract is the contract code itself, the stuff that will live forever on the Ethereum network, immutable, and backed by millions of nodes insuring it returns the expected results every time. In our case, it's a simple function that checks that the dividend pathway facilitates a dividend, and that decreases the dividend pathway with the amount that was received.