What Are Smart Contracts?

Smart contracts are digital agreements that run automatically on the blockchain. Once the conditions are met, they execute without needing a third party.

Example: You send crypto to a contract, and it sends an NFT in return—instantly and trustlessly.

Why it matters:

No middlemen

Faster transactions

Transparent and secure

Smart contracts power everything in Web3, from DeFi to NFTs to DAOs. They’re the backbone of the decentralized future.

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