What is a Smart Contract in Cryptocurrency Development?

submitted 2 years ago by Andrea23 to cryptocurrency

A smart contract is a self-executing contract with the terms of the agreement written directly into code. It automatically executes and enforces the terms when predefined cryptocurrency development conditions are met. Smart contracts play a crucial role in enabling trustless transactions on blockchain platforms like Ethereum.

Read: https://www.blockchainappfactory.com/cryptocurrency-development