Smart Contracts

Published by Mario Oettler on

Last Updated on 3. May 2023 by Martin Schuster

Ethereum smart contracts are computer programs or scripts that run on the blockchain. The term contract has no legal meaning.

An important property of Ethereum smart contracts is their immutability. Once it is deployed, it cannot be changed (this is not completely right, though). The behavior and thus the outcome is deterministic. It doesn’t matter who runs the smart contract. Every time you can expect the same result.

In contrast to common applications, smart contracts have a very limited execution context. They cannot access data from outside the blockchain, they cannot manipulate hardware and they can only access their own storage.

Categories:

https://blockchain-academy.hs-mittweida.de/wp-content/uploads/2021/04/logo_bcam_rgb_gross.png

Welcome

Blockchain Academy

Continue with credential

No account yet?

Powered by Hidy

Register with Hidy


Register
Sign in

We need the following credential to register:

please select:

To create a new account, we need the following data from you:

We would appreciate the following additional information from you for the creation of your account:

Welcome

Blockchain Academy

Continue with credential

Already have an account?

Powered by Hidy

Sign in with Hidy


Register
Sign in

We need the following credential to log in:

please select: