📎 Figure | Nick Szabo
· Definition: One szabo, a unit of Ethereum, equals one-millionth of an ETH. It is named after Nick Szabo.
· Why: Nick Szabo often used vending machines to illustrate smart contracts: insert a coin, select a product, and the machine dispenses it according to predefined rules, without a salesperson present.
· Practical tip: Before interacting with a contract, check whether it is open source and audited. Before signing, carefully read the permissions shown in your wallet pop-up.
$ETH 2449.67（+1.76%）
#ETH
· Definition: One szabo, a unit of Ethereum, equals one-millionth of an ETH. It is named after Nick Szabo.
· Why: Nick Szabo often used vending machines to illustrate smart contracts: insert a coin, select a product, and the machine dispenses it according to predefined rules, without a salesperson present.
· Practical tip: Before interacting with a contract, check whether it is open source and audited. Before signing, carefully read the permissions shown in your wallet pop-up.
$ETH 2449.67（+1.76%）
#ETH