Smart Contract
A smart contract is a self-executing agreement written in code on the blockchain that automatically carries out the terms of the contract without needing a middleman.
More terms under S
- SlashingSlashing is a penalty in Proof of Stake (PoS) networks that punishes validators for bad behavior, helping to keep the network secure and honest.
- SlippageSlippage occurs when traders end up paying a different price than they expected because the price changed before their order was completed.
- Slot (Cardano)A slot is the smallest unit of time in the Cardano blockchain, during which transactions can be processed.
- Smart Contract AuditA smart contract audit is a review by security experts to make sure that the code behind a smart contract is safe and free from errors or weaknesses.
- Smart HomeA smart home is a house that uses technology to control things like lights, doors, and security systems remotely, making it easier to manage your home from…
- Smart MoneySmart money is the money invested by experienced investors who know how to spot good opportunities in the market.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.