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What are SMART CONTRACTS? An In-Depth Explainer Video.
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Hey Cadets, how are smart contracts related to a vending machine? What about a microwave? These lines of code differ from their paper-based counterparts in many ways. Let's find out what smart contracts are, and why they're important.
Timestamps:
0:00 - Start
0:41 - Paper Contracts vs Smart Contracts
2:19 - Vending Machine, Microwave, Elon Musk Animation
3:48 - Smart Contract Examples
4:39 - Closed Room, Olivia, Oracle Animation
6:50 - Downsides of Smart Contracts
8:33 - Lord of the Rings Animation, Conclusion
Don't forget to like and subscribe if you liked this video!
Instagram (captain crypto): @capt_crypto
Clubhouse: @CryptonautsShow
TikTok: @cryptonauts
#ethereum #vitalik #smartcontracts
Timestamps:
0:00 - Start
0:41 - Paper Contracts vs Smart Contracts
2:19 - Vending Machine, Microwave, Elon Musk Animation
3:48 - Smart Contract Examples
4:39 - Closed Room, Olivia, Oracle Animation
6:50 - Downsides of Smart Contracts
8:33 - Lord of the Rings Animation, Conclusion
Don't forget to like and subscribe if you liked this video!
Instagram (captain crypto): @capt_crypto
Clubhouse: @CryptonautsShow
TikTok: @cryptonauts
#ethereum #vitalik #smartcontracts
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