I'm trying to understand the difference between smart contracts and blockchain technology. I know they are both related to cryptocurrency and decentralized ledger, but how do they differ from each other?
6
answers
Elena
Sat Feb 08 2025
This is because the Smart Contract functions as executable code.
Martino
Sat Feb 08 2025
The Smart Contract operates within the Blockchain framework.
CryptoChieftainGuard
Sat Feb 08 2025
It serves to streamline and implement agreements between untrusted entities.
Skywalker
Sat Feb 08 2025
The code contains predefined rules that operate within the Blockchain.
Giulia
Sat Feb 08 2025
The Smart Contract eliminates the need for a third-party intermediary.