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Blockchain Smart Contracts And How They Are Used, Explained

1 day ago   |   By Screen Rant

Anyone who has spent time in cryptocurrency, blockchain , and Web3 eventually sees the term " smart contract ", but many people don't know what it means. Confusingly, smart contracts have nothing to do with legal contracts, despite being inspired by them, and are fundamentally different from web apps and computer programs. Despite being the most powerful technology to emerge from blockchain, most people have never heard of them. Smart contracts were first conceptualized by Nick Szabo in 1995 (who may or may not be Satoshi Nakamoto, the anonymous creator of Bitcoin ), who had the idea of...
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