HOW SMART CONTRACTS WORK IN BITNEST
BitNestBlockchain has long ceased to be a “technology of the future” — it has already become a part of our digital reality. At the core of BitNest lies one of blockchain’s most important tools — smart contracts. They ensure transparency, reliability, and automation of all processes. Let’s break down how it works.
In blockchain, a smart contract is a program that executes deal conditions automatically.
Within the BitNest ecosystem, the smart contract is programmed by a simple rule:
“After 24 hours, return the user’s deposited USDT + 0.4% profit.”
Here’s what happens step by step:
➡️ You send 100 USDT into circulation
➡️ The contract records the transaction on the blockchain — it becomes immutable and verifiable
➡️ Exactly 24 hours pass
➡️ The smart contract automatically returns 100.4 USDT to you
THE “CODE = CONTRACT” PRINCIPLE
In traditional systems, we rely on people or companies to honor agreements. But there’s always a human factor: someone might forget, change the terms, or even break the rules.
In BitNest, it’s different. Here the principle is simple: “code = contract.” This means that:
➡️ No one can change the conditions.
➡️ All rules are fixed in the blockchain beforehand.
➡️ The system works strictly according to the algorithm, eliminating errors and manipulations.
👉 Everything works exactly as written in the code, and the code is open for anyone to verify.
Simply put, BitNest turns the circulation of funds into a fair and straightforward mechanism, where the rules are the same for everyone and always executed automatically.
If you still have questions — feel free to message our community!
P.s.: Act responsibly — consider the risks and build your financial awareness.