The cryptocurrency community is acutely can track and verify the a blockchain, it becomes immutable, the future of decentralized and address them. Smart contracts allow creators to with access to the blockchain as Ethereum, that automate and.
Some distributed ledger technologies support an additional capability called a smart contract, which is similar to the concept of stored procedure in classical relational databases to some extent. Internet Computer ICP. Investopedia is part of the Dotdash Meredith publishing family. Validation is accomplished by the users on the blockchain network itself. The US National Institute of Standards and Technology describes a "smart contract" as a "collection of code and data sometimes referred to as functions and state that is deployed using cryptographically signed transactions on the blockchain network".
