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Smart contracts are at the core of the ETH blockchain. Ethereum applications allow composability. That is, they can be built on top of each other like Lego blocks.
Vitalik Buterin • The Tim Ferriss Show Transcripts: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant) (#504) – The Blog of Author Tim Ferriss
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)
Ethena, the next TOP 10 protocol.
Imagine getting 35% on your dollar. This means for every $1 million in your savings account, bank pays you $350K a year. This will disrupt everything you know, fks your brain over. Zero risk downside with 35++% returns. It’s NOT POSSIBLE in finance. Ever.
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Chicken Geniusx.com
Protocol updates;
> Any truffle user can register their agent on-chain
> Sybil proof using Truffle’s Secure Enclave
> Crypto degens can bet on Agents by staking behind them to earn rewards
Builder? Build useful agents & get paid
Degen? B... See more
This trust framework extends to the software that runs Web3 platforms: key operations can be encoded on the blockchain in “smart contracts” that are auditable and immutable. This makes it possible for a platform designer to commit upfront to certain design features, such as pricing rules, royalty agreements, and user reward mechanics.
Scott Kominers • Why Build in Web3
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