What exactly makes a smart contract “smart”? Don’t worry—the class rep is here to explain:
A smart contract is a piece of code deployed on a blockchain. When predefined conditions are met, the network executes it according to the rules.
A smart contract can’t access information from outside the blockchain on its own. If it needs external data, such as exchange rates, it has to get it from an oracle.
Don’t laugh at me—I learned this the hard way too.
$ETH 2408.96(+0.37%)
#ETH
Make your own decisions about when to enter or exit. Don’t blindly follow others.
A smart contract is a piece of code deployed on a blockchain. When predefined conditions are met, the network executes it according to the rules.
A smart contract can’t access information from outside the blockchain on its own. If it needs external data, such as exchange rates, it has to get it from an oracle.
Don’t laugh at me—I learned this the hard way too.
$ETH 2408.96(+0.37%)
#ETH
Make your own decisions about when to enter or exit. Don’t blindly follow others.