What is a smart contract ethereum? Does Bitcoin have smart contracts?
A Smart Contract is a type of digital contract made on a blockchain network. The Ethereum Smart Contract became very known because of its unlimited processing capability.
Basically, the contract is smart because once it is done it becomes automated and there’s no need for human intervention. They contain codes and functions that allow them to make decisions and even interact with other contracts, ensuring all the parties that are in the contract adhere to the terms settled.
Yes, it is possible to create a smart contract in the Bitcoin Blockchain, although it’s not as programmable or extensive as a smart contract built into the Ethereum network.
Congratulations @lydiaivan! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!