Cryptocurrency Q&A
Is smart contract a blockchain?
Is smart contract a blockchain?
DongdaemunTrendsetterStyleIcon
Tue Nov 26 2024
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5 answers
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I'm trying to understand the relationship between smart contracts and blockchain technology. Specifically, I want to know if a smart contract is a type of blockchain or if they are separate but related concepts.
5 answers
benjamin_rose_author
Thu Nov 28 2024
A smart contract is defined in this interpretation as a computer program that utilizes blockchain technology.
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Silvia
Wed Nov 27 2024
It operates within the constraints and rules set by the blockchain network.
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DongdaemunTrendsetting
Wed Nov 27 2024
The essence of a smart contract can be seen as a secured stored procedure.
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Alessandra
Wed Nov 27 2024
This is because its execution and the codified effects it produces, such as the transfer of tokens between parties, are immutable.
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GeishaCharm
Wed Nov 27 2024
Any attempt to manipulate a smart contract's execution or effects would require altering the blockchain itself, which is highly secure and practically impossible without the consensus of the network.
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