What is Smart Contract

A smart contract is a computer algorithm that is executed automatically when the specified coded terms are met. It enables parties who do not trust each other to enter an agreement, empowered by the transparency, visibility and immutability of the program.

Smart Contract

A smart contract is a computer algorithm that is executed automatically when the specified coded terms are met.

Related terms

Speculation Source code Stablecoin Sell Wall Support Store of value

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