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RE: Crypto technologies broken down in easy terms -- for the layman to understand. SEE IF I AM RIGHT!?
Nice, something my parents could probably understand.
My only note would be:
Is (STEEM is made up of "smart contracts") the best way to describe it though? STEEM is more of a straight-forward "list of transactions" than a contract, and not really "smart" by way of the definition of a "smart contract".
When you send to @null and it puts it on promoted tag on the main steemit site -- that is a smart contract, correct?
When you delegate your steem, by sending a transaction, that creates a contract too, right?
That's what I was thinking.. anyway. :)
hmm... possibly. That seems logical. I would need to dig a bit to get the technical answer on that.