Another question #10
Another question
#10
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what is the smart contract? |
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Answered by
Snowstorm08
Oct 4, 2025
Replies: 1 comment
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A Smart Contract is a self-executing program stored on a blockchain that automatically enforces agreements once predefined conditions are met. Unlike traditional contracts, they don’t require intermediaries (like lawyers or banks), making them faster, cheaper, and more transparent. |
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Answer selected by
Cometdev312
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A Smart Contract is a self-executing program stored on a blockchain that automatically enforces agreements once predefined conditions are met. Unlike traditional contracts, they don’t require intermediaries (like lawyers or banks), making them faster, cheaper, and more transparent.