Asked: Who is Nick Szabo?
My answer: Nick Szabo wrote a short article introducing smart contracts in 1994, and in 1996 he wrote further about their applications. Nick Szabo often uses vending machines as a metaphor for smart contracts: insert a coin, press a product, and the machine dispenses it according to the rules it was programmed with, without a salesperson present.
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These are publicly available information compiled; the original text shall prevail.
My answer: Nick Szabo wrote a short article introducing smart contracts in 1994, and in 1996 he wrote further about their applications. Nick Szabo often uses vending machines as a metaphor for smart contracts: insert a coin, press a product, and the machine dispenses it according to the rules it was programmed with, without a salesperson present.
$ETH 2498.34（-0.25%）
Did you know this before?
#ETH
These are publicly available information compiled; the original text shall prevail.