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Apr 9

#001 What are smart contracts?

Getting into web3, one of the first things you’ll stumble upon will the concepts of smart contracts. To put it simply, smart contracts are a set of instructions that are stored on the blockchain, and will run predetermined conditions when they’re interacted with. The term “smart contract” was first coined by Nick Szabo in an article he wrote in 1994. Nick compared vending machines to smart contract as they are the primitive ancestors. While there are other factors involved, in essence a vendi...

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syahiramali

A web3 developer beginning his journey. I'll be trying my best to record and blog things I do, much like a diary.

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