Potential Problems With Smart Contract Data
Smart contracts are self-executing agreements containing the terms and conditions of an agreement amongst peers. The smart contract executes on the Ethereum blockchain's decentralized platform. The contracts facilitate the exchange of cash, shares, residential or commercial property, or any asset. Since the 2015 launch of the Ethereum blockchain, the term "smart contract" has actually been more specifically used toward the idea of general function computation that takes place on a blockchain or distributed ledger. https://vimeopro.com/beessocial/blockchain-smart-contracts/video/552041011 Subscribe to BEES.Social on Youtube https://www.youtube.com/c/BeesSocialTV/ Thus, the smart contract transaction can be submitted to any node on the blockchain, which relays it to the whole network so that all the nodes will see the transaction. Using a blockchain network, we can turn these agreements into executable programs-- known in the industry as smart contracts-- to open up a varie...