Smart Contracts
Smart Contracts: a core concept in web3 coverage, explained in plain English.
Smart Contracts refers to a concept that comes up constantly in web3 reporting. In practice it describes how smart contracts works, who is affected and why it matters to readers.
The term is often used loosely. A precise reading focuses on the mechanism behind smart contracts rather than the outcome, which is where most confusion starts.
This is a starter definition imported with the demo. Use the AI Glossary generator to expand the glossary to 50, 75 or 100 terms.
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