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smart contract

noun

Etymology

Coined by American computer scientist Nick Szabo in 1996.

Definitions

  1. A software protocol that is capable of automatically enforcing terms agreed upon in a…

    A software protocol that is capable of automatically enforcing terms agreed upon in a contract.

    • These are only a few examples of ways you can secure your smart contracts. The best thing to do to create a secure smart contract is to find an external auditor.
    • Technically speaking a smart contract is a self-enforcing agreement between parties, mutually unknown and otherwise anonymous counterparts, which is capable of executing the rules automatically in satisfying certain conditions.

The neighborhood

Vish — recursive loop

No curated loop yet for smart contract. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA