Contract

"Understanding the distinction between a contract and a contract address is fundamental to interacting with blockchain technology."

A contract or a smart contract is simply a set of instructions inform of codes that execute once certain criterias are met. Think of it like a vending machine - you put in the money (meet the criterias), and the machine dispenses the product (executes the agreement).

This is simply a unique identifier that allows you locate where a contract resides within a blockchain. Think of it like your house address - with your address anyone can locate you.

The end.