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What is a smart contract blockchain?

Smart contract blockchains provide various benefits, including speed, efficiency, accuracy, trust, transparency, security and savings, as discussed in the sections below. Smart contracts leverage computer protocols to automate actions, streamlining various commercial processes and saving valuable time.

What is blockchain technology & how does it work?

Blockchain technology made it possible to build decentralized, trustworthy networks that don’t require a centralized authority to carry out smart contracts. Ethereum was the first blockchain platform to allow smart contracts. Many, including the Ethereum website, compare smart contracts to a vending machine.

What is a smart contract in Ethereum?

A "smart contract" is simply a program that runs on the Ethereum blockchain. It's a collection of code (its functions) and data (its state) that resides at a specific address on the Ethereum blockchain. Smart contracts are a type of Ethereum account. This means they have a balance and can be the target of transactions.

La première plateforme de trading de cryptomonnaies au monde

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