◈ crypto
Smart Contracts
Self-executing code that automates agreements
What is Smart Contracts?
Programs on a blockchain that execute automatically when conditions are met, no lawyers, no middlemen, no trust needed. They power DeFi, DAOs, NFTs, and most of what makes Web3 interesting. If you're building in Web3, smart contracts are your product's backbone.
How it works
Key takeaways
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Self-executing, runs when conditions are met
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Immutable once deployed (usually)
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Trustless, no need to know the counterparty
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Real-world example
A freelancer locks payment in a smart contract. When the client confirms delivery, funds release automatically. No invoice chasing.
