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What is a ''smart contract''?
Suggested Answer: B
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Smart contracts execute predetermined conditions automatically on blockchain, enabling decentralized applications and services.
26 comments · newest first
BU
Buddy
2 days ago
D is wrong too. Cold storage is for wallets, not contracts.
KA
Katina
7 days ago
C is interesting, but not the right fit.
DE
Deandrea
12 days ago
B makes sense. It automates processes.
ED
Edwin
17 days ago
Definitely not A. Offline agreements aren't smart.
AN
Angella
23 days ago
Agreed! They run on blockchain. Very efficient.
DO
Dona
28 days ago
I think it's B. Smart contracts are self-executing.
DA
Daren
1 month ago
D is wrong too. Cold storage is for wallets, not contracts.
GA
Gabriele
1 month ago
C is interesting, but not really a smart contract.
MI
Mila
1 month ago
B makes sense. It's all about automation.
VI
Viva
2 months ago
Definitely not A. Offline agreements aren't smart.
LU
Lucy
2 months ago
Agreed! They execute automatically.
ON
Ona
2 months ago
I think it's B. Smart contracts are on the blockchain.
AL
Alexia
2 months ago
I always thought smart contracts were just for compliance.
NI
Nikita
2 months ago
Wait, are we sure it's not A? Sounds too simple.
SU
Susana
2 months ago
Totally agree, B is the right answer!
LU
Lucina
3 months ago
I thought it was just a fancy legal document, but it's not!
IZ
Izetta
3 months ago
It's definitely B, self-executing on blockchain!
SY
Sylvia
3 months ago
C is interesting too, but I think B is the main point.
TY
Tyra
3 months ago
Wait, can we really trust code to execute contracts? Sounds risky.
GE
Gerald
3 months ago
Totally agree with B, it's the future of contracts!
JO
Joesph
4 months ago
I thought it was just a legal agreement, but I guess not.
DA
Daren
4 months ago
It's definitely B, self-executing code on blockchain!
OL
Olga
4 months ago
I’m pretty confident that smart contracts are not offline agreements, so I’d eliminate A right away. B seems like the best choice based on what I studied.
AL
Alyce
4 months ago
I feel like I’ve seen something about compliance tools in relation to smart contracts, but I can’t recall the details.
EL
Elly
4 months ago
I remember practicing a question about smart contracts, and I think they are self-executing codes on the blockchain. So, I would go with option B.
SA
Sarah
6 months ago
I think a smart contract is related to blockchain, but I'm not sure if it's just a legal agreement or something more technical.