DeFi explained: Smart contracts

What is a smart contract? How does it work? And what are they good for?

A smart contract is an agreement between two or more parties in the form of computer code. The contracts are stored on the blockchain and cannot be changed.

Transactions that take place in a smart contract are processed by the blockchain, which…

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Pseudonym — Code & UX — Edinburgh, Penang, Ho Chi Minh, Monaco, & probably elsewhere. Fiddling on http://github.com/hirako2000

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Hirako2000

Pseudonym — Code & UX — Edinburgh, Penang, Ho Chi Minh, Monaco, & probably elsewhere. Fiddling on http://github.com/hirako2000