Smart Contract

What is a smart contract?

A smart contract is a function or algorithm that is automatically carried out by a computer system in a trackable and irreversible manner, often on a blockchain. A smart contract has the aim to digitally facilitate and enforce the negotiation and performance of a contract.
The most popular contracts are built on the Ethereum standard, ERC-20 Token, mostly for its mass usage and high level of security.
Last modified 2yr ago
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