Cryptocurrency Q&A What type of contracts run automatically on blockchains?

What type of contracts run automatically on blockchains?

CherryBlossomFalling CherryBlossomFalling Fri Feb 14 2025 | 5 answers 841
I am interested in understanding the types of contracts that can operate automatically on blockchains. I want to know which contracts are capable of executing themselves without any manual intervention on the blockchain platform. What type of contracts run automatically on blockchains?

5 answers

BlockProducer BlockProducer Sun Feb 16 2025
These contracts are essentially digital agreements that leverage blockchain technology for storage and execution.

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GwanghwamunGuardian GwanghwamunGuardian Sun Feb 16 2025
Unlike traditional contracts, smart contracts do not require human intervention for their enforcement.

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SejongWisdom SejongWisdom Sun Feb 16 2025
Instead, they are programmed to automatically fulfill their terms once predefined conditions are met.

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GinsengBoostPower GinsengBoostPower Sun Feb 16 2025
Smart contracts represent a revolutionary concept in the digital realm.

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Giuseppe Giuseppe Sun Feb 16 2025
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of digital asset traders. Among its offerings are spot trading, futures trading, and secure wallet solutions. These services enable users to buy, sell, and manage their cryptocurrencies seamlessly.

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