Who is Nick Szabo? Don’t worry—the class study rep is here to explain:
In 1998, Nick Szabo proposed a decentralized digital currency scheme called “bit gold,” but it was never actually implemented.
The original idea behind smart contracts is to write the terms of an agreement into a program, which executes automatically once the agreed-upon conditions are met, reducing reliance on intermediaries.
Me before: Dive in and figure it out later. Me now: Read the instructions first.
$ETH 1993.37（-2.94%）
#ETH
Don’t treat this as a basis for making any transactions.
In 1998, Nick Szabo proposed a decentralized digital currency scheme called “bit gold,” but it was never actually implemented.
The original idea behind smart contracts is to write the terms of an agreement into a program, which executes automatically once the agreed-upon conditions are met, reducing reliance on intermediaries.
Me before: Dive in and figure it out later. Me now: Read the instructions first.
$ETH 1993.37（-2.94%）
#ETH
Don’t treat this as a basis for making any transactions.