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Nick Szabo

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What are Smart Contracts?

Smart Contracts Definition Smart contracts are contracts that execute themselves with the terms of the agreement that have been specified in its code. The code and the agreements stipulated in the contract functions across a distributed blockchain network. Smart contracts allow trusted transactions and agreements to be executed between anonymous parties without requiring a central [...]

Anca FlorentisOct 4, 20185 min read
What are Smart Contracts?
Nick Szabo | TheCCPress