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30070224 No.30070224 [Reply] [Original]

I don’t know what a smart contract is

>> No.30070290

Nobody here actually does

>> No.30070541

>>30070224
>>30070290
It's just a script but the execution is verified by the blockchain

>> No.30070698
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30070698

>>30070224
It's what the devs (developers) use to update the blockchain. Let me know if you have any other questions.

>> No.30070731

>>30070224
vitalik doesnt either hes just larping. he has the asians do all the work for him.

>> No.30070812

>>30070541
Yes to add to that it is inherently a deflationary response action that is signaled by a tokenization event. This enables a performant ledger system that responds to market criteria in real time with immutable outflows.

>> No.30070959

Is it chainlink?

>> No.30070983

>>30070812
I don't think that's a very good way to explain anything to someone who doesn't know what a smart contract is. Big words don't make you smarter, anon.

>> No.30071073
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30071073

>>30070224
It allows you to buy shitcoins and spend gas.

>> No.30071179

>>30070224
https://www.youtube.com/watch?v=ZE2HxTmxfrI

>> No.30071707

>>30070983
He's right though. Except it's not always a deflationary response, it can also be an inflationary response when it involves minting or rebasing. Look at sidechains for example.

>> No.30072153
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30072153

>>30070224
7 figures here with an initial investment of 3710€. I don’t know what blockchain is, what smart contracts are, what crypto is and how it works (just that it’s a digital encrypted currency).