What is a Smart Contract on Blockchain

Smart contract in simple words – what it is and who needs it from Coding compiler. After 2009, when Satoshi Nakamoto created the first cryptocurrency, users began to perceive the usual ways of financial management in a different way. Later, the creation of Ethereum gave rise to an even more interesting topic for discussion – the potential of smart contracts. Crypto enthusiasts believe that such agreements will change the entire structure of communication and legal regulation of transactions in all spheres of human life.

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What Are Smart Contracts And How Does They Work?




What Are Smart Contracts And How Does They Work? Smart contracts are at the heart of blockchain technologies. They ensure a decentralized execution of “contracts” and should ensure consistency in the network. Read Smart contracts tutorial from Coding compiler.

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