What is a «Smart Contract»?

In the blockchain network, a smart contract plays the role of a special program (algorithm) that is executed by all nodes and helps to establish and automate interaction among all cryptocurrency owners.

The terms and conditions of these contracts are recorded in the blockchain chain, and that's why no one can deceive or hack a user by violating the terms of a smart contract.

⚠️ No contract condition can be forged.

Skip to content