What exactly is “smart” about smart contracts? Don’t panic—the class study rep is here to explain:
The concept of “smart contracts” was first proposed by cryptographer Nick Szabo in the 1990s.
Smart contracts can’t access off-chain data on their own. When they need external information, such as prices, it has to be brought on-chain through an oracle.
Me before: Jump in first, figure it out later. Me now: Read the manual first.
$ETH 2524.93（-1.67%）
#ETH
The concept of “smart contracts” was first proposed by cryptographer Nick Szabo in the 1990s.
Smart contracts can’t access off-chain data on their own. When they need external information, such as prices, it has to be brought on-chain through an oracle.
Me before: Jump in first, figure it out later. Me now: Read the manual first.
$ETH 2524.93（-1.67%）
#ETH