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The Ethereum blockchain keeps a record of every state change that occurs within an application. For example, a smart contract can be paid when work is delivered entirely through the Ethereum blockchain.
Artemis Caro • Blockchain: Bitcoin, Ethereum & Blockchain: The Beginners Guide to Understanding the Technology Behind Bitcoin & Cryptocurrency (The Future of Money Box Set)
broadly described a Smart Contract as the ability to bring refined legal practices of contract law to the e-commerce protocols between strangers on the internet. For a transaction to work
Tim Lea • Blockchain: Down The Rabbit Hole: (Discover The Power Of The Blockchain)
Scott Kominers • Why Build in Web3
So, smart contracts are written in one language, usually Solidity, and then compiled (using a special program called a “compiler”) into the low-level code that can be processed by the EVM environment.
Artemis Caro • Blockchain: Bitcoin, Ethereum & Blockchain: The Beginners Guide to Understanding the Technology Behind Bitcoin & Cryptocurrency (The Future of Money Box Set)
“an intent is a signed set of declarative constraints which allow a user to outsource transaction creation to a third party without relinquishing full control to the transacting party”
Stanley He • Account Abstraction and SUAVE: How far are we from an Intent-Centric Ethereum?
Smart Contracts
Balaji Srinivasan • The Network State: How To Start a New Country
Nick Szabo, the cryptographer who in 1998 invented the digital currency “Bit Gold,” coined the term “smart contract” in the early 1990s. In a 1997 paper, he said smart contracts “combine protocols with user interfaces to formalize and secure relationships over computer networks.” The system eliminates the need to pay for and trust third parties lik
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