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Board Announcements (Altcoins)
Re: MoviesChain by TVzavr Announcement - Decentralized Film Distribution Platform
by
bealarev
on 13/05/2018, 02:58:00 UTC
Hey guys, what are smart contracts? is there a difference between normal contracts and smart contracts?

Yes, by definition, a smart contract refers to any contract capable of automatically enforcing itself without a third-party between the individual participants.

Thanks for all the answers. Is it a computer program?

Yes, smart contracts are written as computer programs, rather than in legal language on a printed document.

Thanks for the information team.