Contract
A contract is an agreement between two people. In the world of cryptocurrencies, a smart contract is a program that automatically runs on the blockchain to carry out specific tasks.
More terms under C
- Consortium BlockchainA consortium blockchain is a type of blockchain that is controlled by a group of organizations. These groups share information with each other, but it’s not…
- Consumer CryptoConsumer Crypto means easy-to-use apps and services based on blockchain technology that fit into daily life, even for those who aren't tech-savvy.
- Consumer Price Index (CPI)The Consumer Price Index (CPI) measures how the prices of a set group of goods and services change over time, helping us understand inflation and the cost of…
- Contract AccountA contract account is a type of account in cryptocurrency that holds digital coins and contains programmed instructions that define how it works.
- Contract for Difference (CFD)A contract for difference (CFD) is an agreement that lets you trade the price movements of an asset without actually owning it. You pay or receive the…
- CoordinatorA coordinator is a special program in blockchain that helps different computers check and confirm that their version of the transaction record is correct.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.