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SHORT ANSWER: Smart ... transaction protocol that executes the terms of a contract.” The Ethereum network realized Szabo’s vision at scale as the first smart contract blockchain 19 years ...
A smart contract is a self-executing program that automates the actions required in a blockchain transaction. Once completed, the transactions are trackable and irreversible. The best way to ...
"Very simply, blockchain technology creates ... and can implement a vast and versatile array of transactions." Jones adds that smart contracts are code that can execute on the network ecosystem ...
To this end, smart contracts are a helpful innovation accompanying many blockchain activities, helping end-users benefit by lowering fees, hastening transaction speeds, ensuring performance ...
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