Without intermediaries, who executes lending on the blockchain?
Definition: The concept of a “smart contract” was first proposed by cryptographer Nick Szabo in the 1990s.
The logic behind it: “Code is law” also means that if a contract contains vulnerabilities, attackers can exploit them by following the code—and it can be very difficult to undo the damage afterward.
Deploying a contract on Ethereum requires paying $ETH in Gas. Currently, 2433.48.
Every return comes with a corresponding risk. Make sure you understand the worst-case scenario.
#ETH
Definition: The concept of a “smart contract” was first proposed by cryptographer Nick Szabo in the 1990s.
The logic behind it: “Code is law” also means that if a contract contains vulnerabilities, attackers can exploit them by following the code—and it can be very difficult to undo the damage afterward.
Deploying a contract on Ethereum requires paying $ETH in Gas. Currently, 2433.48.
Every return comes with a corresponding risk. Make sure you understand the worst-case scenario.
#ETH