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A read of Nick Szabo's Smart Contracts: Building Blocks for Digital Markets from 1996
Episode 32 of The Conor Chepenik Podcast is a read of Nick Szabo's Smart Contracts. Szabo shows incredible foresight in this piece and I hope you guys learn something from this fantastic article. I know I did.
In this paper, Szabo defines smart contracts as "a set of promises, specified in digital form, including protocols within which the parties perform on these promises." He argues that smart contracts have the potential to revolutionize digital markets by making it possible to automate the execution of contracts and reduce the need for trust between parties
If you enjoyed this episode, I appreciate you returning some value by leaving a comment with your thoughts, how I can improve the show, etc., subscribing to the show, or zapping me sats on my website https://binmucker.com/
A link to Szabo's article can be found here http://www.truevaluemetrics.org/DBpdf...
Thank you for listening! :)
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By Conor ChepenikEpisode 32 of The Conor Chepenik Podcast is a read of Nick Szabo's Smart Contracts. Szabo shows incredible foresight in this piece and I hope you guys learn something from this fantastic article. I know I did.
In this paper, Szabo defines smart contracts as "a set of promises, specified in digital form, including protocols within which the parties perform on these promises." He argues that smart contracts have the potential to revolutionize digital markets by making it possible to automate the execution of contracts and reduce the need for trust between parties
If you enjoyed this episode, I appreciate you returning some value by leaving a comment with your thoughts, how I can improve the show, etc., subscribing to the show, or zapping me sats on my website https://binmucker.com/
A link to Szabo's article can be found here http://www.truevaluemetrics.org/DBpdf...
Thank you for listening! :)