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Smart contracts – Simply Explained

Posted on December 31, 2019 by admin



What are smart contracts and what do they have to do with blockchains and cryptocurrencies? Well, let’s find in plain English!

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21 thoughts on “Smart contracts – Simply Explained”

  1. Micro Aegis International Technologies LLC says:
    December 31, 2019 at 10:00 pm

    In Search Option Type > Edit Group Policy > Computer Configuration>> Administrative Templates>>> System>>>Duble Click * Credentials Delegation >> Right Click on ** Encryption Oracle Remediation >CLick Edit >> Select** Enabled >>> Select Protection Level: Vulnerable>>> Click on Apply .. Its working it will good if you can reduce speed…

    Reply
  2. El Gallo says:
    December 31, 2019 at 10:00 pm

    We should use this for digital voting.

    Reply
  3. Rahul Raj says:
    December 31, 2019 at 10:00 pm

    who designs smart contracts and how would supporters understand the contract because it is in program languages?

    Reply
  4. tamás gardi says:
    December 31, 2019 at 10:00 pm

    the biggest problem for ETH, there is QAN !!!!!!!!

    Reply
  5. Kaustav Kumar says:
    December 31, 2019 at 10:00 pm

    Thanks for making this video.

    Reply
  6. Raavanan says:
    December 31, 2019 at 10:00 pm

    any cma's here

    Reply
  7. Coino Clast says:
    December 31, 2019 at 10:00 pm

    The weakness is, someone has to tell the smart contract whether the goal was achieved or not. So the 3rd party is back!

    Reply
  8. Deborah Bianchi says:
    December 31, 2019 at 10:00 pm

    Wonderful!

    Reply
  9. Matt Teitz says:
    December 31, 2019 at 10:00 pm

    If you ever get bored, you should create another channel explaining very simple things in very complicated terms! haha! Seriously, good video!

    Reply
  10. Robert Mueller says:
    December 31, 2019 at 10:00 pm

    How is the smart contract separated from mining and the need for computer power(freeing up energy for processing transactions), but still part of the blockchain?

    Reply
  11. Übermensch says:
    December 31, 2019 at 10:00 pm

    Craig Wright is Satoshi. Bitcoin SV is Bitcoin.

    Reply
  12. Tất Thịnh Lê says:
    December 31, 2019 at 10:00 pm

    I thought the smart contract was first coined in 1994?

    Reply
  13. v.s.s.s says:
    December 31, 2019 at 10:00 pm

    I liked your video so much… Very useful. Please keep a course on this blockchain with certification.

    Reply
  14. Acti_ON trade says:
    December 31, 2019 at 10:00 pm

    Like!

    Reply
  15. Mohammad Sabetpour says:
    December 31, 2019 at 10:00 pm

    when we want to sell something , how can we trust people stay util price go very down and lost our things?

    Reply
  16. abhishek lagad says:
    December 31, 2019 at 10:00 pm

    Use better sound setup

    Reply
  17. gidinated says:
    December 31, 2019 at 10:00 pm

    says i was a lawyer, how would you recommend me to get into the smart contracts world? what languages do i need to study and where do i start?

    Reply
  18. digio47 says:
    December 31, 2019 at 10:00 pm

    Wow, this video is awesome! Congrats

    Reply
  19. Tech Sam says:
    December 31, 2019 at 10:00 pm

    hey just wondering why you stop doing this kind of amazing videos

    Reply
  20. Dan says:
    December 31, 2019 at 10:00 pm

    Amazing video

    Reply
  21. Supertyp says:
    December 31, 2019 at 10:00 pm

    Every coin supports smart contracts, not only ethereum. Bitcoin script can be written on the Bitcoin blockchain so all coins that come from Bitcoin have smart contracts. In fact you could go even further and say, that every Bitcoin transaction is a smart contract itself.

    Reply

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