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  • Smart Contracts in Blockchain Explained - 99Bitcoins
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    “A smart contract is a set of promises, specified in digital form, including protocols within which the parties perform on the other promises The basic idea of smart contracts is that many kinds of contractual clauses (such as liens, bonding, delineation of property rights, etc ) can be embedded in the hardware and software we deal with, in such a way as to make breach of contract





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