Cryptocurrency Q&A What are Ethereum smart contracts?

What are Ethereum smart contracts?

HanjiHandiwork HanjiHandiwork Sun Dec 15 2024 | 7 answers 1967
I've heard about Ethereum and its use of smart contracts, but I'm not sure exactly what they are or how they work. Could someone explain to me what Ethereum smart contracts are and how they operate within the Ethereum network? What are Ethereum smart contracts?

7 answers

Silvia Silvia Tue Dec 17 2024
Ethereum operates as a decentralized blockchain platform.

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CryptoTitan CryptoTitan Tue Dec 17 2024
They operate without the need for a trusted central authority.

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CryptoEnthusiast CryptoEnthusiast Tue Dec 17 2024
It establishes a peer-to-peer network that ensures secure execution.

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Claudio Claudio Tue Dec 17 2024
This network can verify application code known as smart contracts.

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KDramaLegendaryStarlightFestival KDramaLegendaryStarlightFestival Tue Dec 17 2024
Smart contracts facilitate transactions between participants.

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