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Did you know smart contracts were first imagined by Nick Szabo back in 1994, long before Bitcoin existed? Some even think Szabo could be the mysterious Satoshi Nakamoto! Today, smart contracts are changing industries like finance, supply chains, and even real estate by automating deals without middlemen. But how do they work? Smart contracts have four key layers: State Variables, Functions, Events, and Modifiers. These layers make sure your agreements are executed automatically and securely on the blockchain.
✨ How Nick Szabo invented smart contracts before Bitcoin;
✨ The 4 layers that power smart contracts;
✨ Why smart contracts are used in finance, healthcare, and real estate;
✨ The link between Satoshi Nakamoto and smart contracts;
✨ How smart contracts work on the blockchain;
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DISCLAMER: THE CONTENT PROVIDED ON THE TAPSWAP SOCIAL MEDIA ACCOUNTS IS NOT INTENDED TO BE FINANCIAL ADVICE. THE VIDEOS AND INFORMATION SHARED ARE FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES ONLY. CRYPTOCURRENCIES INVOLVE SIGNIFICANT RISKS, AND IT IS CRUCIAL THAT YOU CONDUCT YOUR OWN RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.