What exactly is “smart” about smart contracts? Many people can’t answer!
The concept of “smart contracts” was first proposed by cryptographer Nick Szabo in the 1990s.
“Code is law” also means that if a contract has vulnerabilities, attackers can exploit them by following the code—and afterward, their actions often can’t be reversed.
Avoid products you’re unfamiliar with, and practice with small amounts first to be safe.
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