Breaking Down Smart Contracts

What is a contract?

What is a smart contract?

The classic vending machine example

Mental models for contracts

What is a smart contract in the context of blockchain?

How is that possible on a blockchain?

So is this how it works on real blockchains?

Notes

--

--

--

alecchen.xyz

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Why crypto currencies are still niche thingy

ThunderCore to Roll Out Cross-chain Service with Binance Smart Chain

Are Miners Centralized? A Look into Mining Pools

Avalanche’s Evolutionary Economics

Blockchain Transit Map (BTM)

Fundchain iOS App Beta Launch

The Security Series: Have Smart Contracts Become More Secure Over Time?

Dex Aggregator — Hera Finance

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Alec Chen

Alec Chen

alecchen.xyz

More from Medium

What is Ethereum?

How DApps & Smart Contracts are Revolutionary?

Polygon : An Introduction & Overview