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Smart Contract
A smart contract is an electronic contract on a blockchain that is designed to be executed automatically when the terms and conditions agreed upon by the parties to the contract are met. In other words, it is a technology that allows contracts to be made between individuals on a blockchain without the need for a third-party certificate authority. When a contract is written as smart contract source code and sent to the blockchain network, it is validated by the network participants, and upon completion of validation, a block containing the smart contract is created and distributed.
Please read section if you want to proceed developmenting and verifying your own deployed smart contract.
Last modified 26d ago