Topic: What is Smart Contract? (Read 599 times)
Smart contracts are self-executable contracts which has all the required terms and conditions which eliminates any third party involvement. Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman..
Smart Contract is basically a computer protocol that enforces the negotiation between two exchanging parties. Smart contracts were popularized by ethereum, which currently holds the second position in market capitalization next to bitcoin.
What is Smart contract? What are those crypto currencies with Smart Contract feature?
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Smart contract is a feature that functions indigenously or in other words, it is a self-executing digital contract that automatically processes the avocations under the agreement.In general, smart contacts are blocks of code that can execute certain functions with specific parameters and predefined criteria. Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
You can consider smart contracts as the lawyers of the blockchain network.
These nifty piece of codes are really awesome. With smart contracts, there's nobody else that agrees to the terms except for you and the other party you are dealing with. No need for intermediaries, brokers or even a lawyer. Completely autonomous.
Being on the blockchain, none of the agreeing party can ever lose their copy of the agreed encrypted document. And backup is never an issue with peers holding a copy from block to block.
Smart contracts are favored too because of its hack-free safety feature. It was told that only a super genius hacker in the likes of Albert Einstein could crack a smart contract and make changes to it.
And smart contracts are super accurate! Once defined, there's not way it can get the parameters wrong.
Supercool ain't it?
These nifty piece of codes are really awesome. With smart contracts, there's nobody else that agrees to the terms except for you and the other party you are dealing with. No need for intermediaries, brokers or even a lawyer. Completely autonomous.
Being on the blockchain, none of the agreeing party can ever lose their copy of the agreed encrypted document. And backup is never an issue with peers holding a copy from block to block.
Smart contracts are favored too because of its hack-free safety feature. It was told that only a super genius hacker in the likes of Albert Einstein could crack a smart contract and make changes to it.
And smart contracts are super accurate! Once defined, there's not way it can get the parameters wrong.
Supercool ain't it?
What is Smart contract? What are those crypto currencies with Smart Contract feature?
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
A smart contract is basically a little program that uses computer code to execute a transaction, based on the conditions within the contract.However,The beauty of a smart contract is that they don’t require any outside or third party to control transactions. This has an obvious cost and speed advantage. Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
What is Smart contract? What are those crypto currencies with Smart Contract feature?
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Smart contracts are the core of blockchain technology. Blockchain smart contracts are written as a code and saved in a decentralized public ledger. Smart contracts, often created by computer programmers through the help of smart contract development tools, are entirely digital and written using programming code languages such as C++, Go, Python, Java. Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
What is Smart contract? What are those crypto currencies with Smart Contract feature?
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Smart contract is a term used to describe computer program code that is capable of facilitating, executing, and enforcing the negotiation or performance of an agreement i.e. contract using blockchain technology. In fact,an ethereum smart contract represents an ordinary contract, but the fixing goes not legally, but technically. Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Smart contracts are now an integral part of the contractual relationship between people on the blockchain. They can not be changed, forged, but there are drawbacks.
In every business transaction there are 2 or more parties involved, for smooth transactions, there are mostly middlemen who serves as the intermediary for both parties making sure the deal is successful and no party gets cheated.
In cases of disagreements the middleman steps in or the government settles the dispute based on agreed terms.
What the blockchain does with the smart contract is to completely replace the intermediary with a form of intelligent entity that mediates transactions and settles dispute I'm a way that cannot be tampered with and also follows the set terms.
In cases of disagreements the middleman steps in or the government settles the dispute based on agreed terms.
What the blockchain does with the smart contract is to completely replace the intermediary with a form of intelligent entity that mediates transactions and settles dispute I'm a way that cannot be tampered with and also follows the set terms.
What is Smart contract? What are those crypto currencies with Smart Contract feature?
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Smart contracts literally involves logical clauses programmed.
and it could also be the most disruptive component of blockchain, in simple words, smart contract makes it easy for new project to create their own token and have it secured on either the etherum or neo blockchain.
If you mention tutorials, do you mean videos on creating a new smart contract for a toke ? please do clarify
Smart Contract is the main key to launch an ICO by which a project can offer for investment and also they can make transparent as well as secure transaction with the help of blockchain technology.
Ethereum is the most well-known platform for this.
Ethereum is the most well-known platform for this.
NEO and Ethereum - Which would you choose? A smart economy is where digital assets are affirmed. Proof of ownership in Blockchain and NEO is also a smart deal.
main is where to receive the first accounts and to go to go to the first home, do that you choose a ICO project for you, should be deep depth for these problems.
What is Smart contract? What are those crypto currencies with Smart Contract feature?
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Smart contracts are a major and exciting new development in finance and computer science, and this six minute explainer will break down the complex science to tell you what you need to know about them! We discuss Ethereum smart contracts, monero, and bitcoin contracts. Contracts are divided into turing complete, and turing incomplete models. And examples of what can be developed with each type are discussed.
https://www.youtube.com/watch?v=_MaGkPBoFc4
In a few words smart contracts are self-executing contractual states, stored on the blockchain.
They help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman. You can compare the technology to a vending machine. Ordinarily, you would go to a lawyer or a notary, pay them, and wait while you get the document. With smart contracts, you simply drop a bitcoin into the vending machine (i.e. ledger), and your escrow, driver’s license, or whatever drops into your account
They help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman. You can compare the technology to a vending machine. Ordinarily, you would go to a lawyer or a notary, pay them, and wait while you get the document. With smart contracts, you simply drop a bitcoin into the vending machine (i.e. ledger), and your escrow, driver’s license, or whatever drops into your account
All you need to know about smart contracts:
https://www.coindesk.com/making-sense-smart-contracts/
https://www.coindesk.com/making-sense-smart-contracts/
Smart contracts are self-executing contractual states, anyone can fully trust it as nobody can control or change it but if there are some bugs? Like multi sig hack
What is Smart contract? What are those crypto currencies with Smart Contract feature?
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
Do you have simplified Tutorial (Guidelines & Videos)? Please give me some links. Thanks.
A simple google search got me results you asked for. https://www.google.ca/search?q=youtube+what+are+smart+contracts&ie=utf-8&oe=utf-8&gws_rd=cr&ei=lJOdWYOuM4aRjwSJ4pjACA
Smart contracts are used effectively in ethereum platform now. By using smart contracts for any kind of process you can eliminate the intermediary.
eth is the smart contract, in my opinion, smart contract is a procedure that can execute itself when the condition triggered, its Turing-complete
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