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flowisetech PRO added blog Smart Contracts
2025-02-25 13:32:55 ·Translate ·
How Smart Contracts Work: The Backbone of Decentralized Apps
Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They run on blockchain networks and execute automatically when predefined conditions are met, eliminating the need for intermediaries. They serve as the foundation of decentralized applications (DApps), ensuring transparency, security, and trustless interactions. 1. What Are Smart...
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