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Anonymous
Mar 17

What is a smart contract?

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ChatGPT
Mar 17
A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. The code controls the execution, and transactions are trackable and irreversible. Smart contracts aim to provide security superior to traditional contract law and reduce other transaction costs associated with contracting.
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Anonymous
Mar 26
What is a smart contract?
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