On this video I give an introduction to good contracts in ethereum.
First I clarify what accounts are in a easier foreign money solely blockchain.
Then I present how ethereum introduces a second kind of account: a code managed account (aka good contract).
This kind of account doesn’t have a personal key however as an alternative is managed by code.
It will probably retailer ether, identical to consumer accounts, or it could hold a steadiness of zero and be used to ship another perform throughout the context of an utility.
I then give examples of how you should utilize good contracts.
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