Smart Contracts — A Simple yet Comprehensive Explanation in Pictures
▻https://hackernoon.com/smart-contracts-a-simple-yet-comprehensive-explanation-in-pictures-bc21c
Smart Contracts — A Simple Yet Comprehensive Explanation in PicturesWhat exactly are Smart Contracts? The technology community seems to be fascinated by them.This article will focus on bringing some reality to this fascination, by providing you the truest explanation of what they are and what they can do.Before we delve any deeper into the subject, I have to dedicate a section below to describe What Smart Contracts are NOT. This is purely to address some of the misconceptions of this technology that have become popular in the community.If you are new to #blockchain and Cryptocurrencies, feel free to skip this section below, and head straight to the next section.What Smart Contracts are NotA simple Google search on the internet would yield the following definitions for Smart ContractsThe (...)