Smart contracts – Simply Explained
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What are smart contracts and what do they have to do with blockchains and cryptocurrencies? Well, let’s find in plain English!
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Vídeo
Me chamo Felipe Trader e moro aqui em São Paulo. Comecei no forex a 6 anos atrás e hoje vivo somente do meu trading diário. Aqui no blog conto pra você as ferramentas e serviços que uso pra ser lucrativo.
How would the "kickstarter" smart contract know WHEN to make a decision to refund the money back to supporters? It's not like smart contracts have access to functions that give time and date
Just saw a video Great explanation ….750X growth projected in defi….mustwatch video i should say….to see video search for …….bullbrezza defi…….they magically told the figures…great analysis
After few hours of searching and watching videos, this was the first I've really get it right and easy to digest from A to Z. Still need to learn,but it's a good start. Thank you !
谢谢你
The term smart contract was used at first by Nick Szabo in 1997
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Question – in this kick starter example, who actually builds the smart contract?
"smart contracts are just like contracts in the real world"
I am relieved , I think I'm going to understand this "smart contracts" stuff.
"the only difference is that they are completely digital"
er.., oh…, um…
"in fact a smart contract is a tiny programme that is stored inside of a blockchain"
Oh, so it's not like any contract in the real world then…
Just wondering, could smart contracts serve as an alternate for website certification authorities (CA)…
can someone help me with 1:52 where it says: "If the project gets fully funded, the contract automatically passes the money to the creator". Does this mean that the entire NFT collection has to sell out to earn some money off of it?
This was a great explanation. Thanks for the video!
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Very well explained 🙌🏻
Great information. Where can I go to have a smart contract drawn up?
Great video, though crowdfunding is a bad example here. If majority of the people/tokens is required to decide if goal is met or not, then one could create majority by fake accounts and actually funding majority of the project. Yes, that requries some capital, but executed successful, can double that amount and risk free. So, there are places where decentrelized entities are best and centralized and trustworthy entities are best. This is case for the latter, unfortunately.
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Can you get a job making smart contracts if you don't have a degree but know how to code?
Never thought that this expertise would expand. I learned a lot by watching this video, thank you.
Gold, Silver Good. Digital Crypto – junk. Not trustworthy.
Bro can I find out where I bought on a crypto miner contract What number I was like 10 on the contract or number 50 you understand me Bro Please reply Thank you 🙂
Even more valuable now than 4 years ago!
Nice video. I'm investing in $NNT too. They've been getting listed in a lot of exchanges lately.
Very Good, Precise, Easy to Understand presentation, of what Smart Contract entail. Thank you
Nice 🙂
In a nutshell, Smart Contracts is an "if-else statement" in programming.
Does smart contract mean interest? What happens to the project team if they fail the project as the invested money goes back to the supporters, then what if the money the project team has already used then what? How will the project team recover supporters loss in case of project failure?
What about staking contracts that are used by liquid staking protocols like StaFi? They unlocks the staked assets and help u be ready in case of a market dip.