FAQ - What Is A Smart Contract?

A smart contract is a protocol, function or algorithm that is automatically executed by a computer system in a trackable and irreversible manner, often on a Blockchain.

A smart contract is intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract.

The most popular contracts are built on the Ethereum standard, ERC-20 Token, mostly for its level of security and mass usage.

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