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Smart Contracts and DApps
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What is a smart contract?
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A
A self-executing contract with the terms of the agreement directly written into lines of code.
💡 Explanation:
A smart contract is a self-executing contract with the terms of the agreement 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.