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A smart contract is a code or tamper-proof program running over a blockchain network when specific conditions are met.
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It is a transaction protocol that automates and executes the actions needed in an agreement and contract.
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Ethereum blockchain develops a peer-to-peer network that safely executes and verifies tamper-proof programs.
To reduce the costs and formalities associated with the contracts or agreements, a new concept of smart contracts was introduced in the crypto landscape. A smart contract is a code that executes over the blockchain when certain conditions are met.
Let’s take a look at the idea in-depth as well as the process of developing and deploying smart contracts on the Ethereum platform.
Smart Contract at a Glance
A smart contract, an already written condition that accomplishes over a blockchain without any third-party involvement, was first introduced in 1994 by Nick Szabo. The contr
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