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Keep It Simple Stupid explanation of a Smart contract.


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I have been in the crypto space for 3 years now. I have Read lots of stuff and gained knowledge about various projects, but have to humbly admit that Smart contracts are still a vague concept in my ageing grey matter.

can some one explain (or point me to an explanation) that shows a very simple use case for a smart contract.

if anyone knows of a very simple diagram that is like a light bulb for Smart Contracts for me, please post?

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8 minutes ago, WarChest said:

I have been in the crypto space for 3 years now. I have Read lots of stuff and gained knowledge about various projects, but have to humbly admit that Smart contracts are still a vague concept in my ageing grey matter.

can some one explain (or point me to an explanation) that shows a very simple use case for a smart contract.

if anyone knows of a very simple diagram that is like a light bulb for Smart Contracts for me, please post?


I have read this one and I think it’s an excellent introduction and has a few examples.  I disagree with the voting one but that is another matter.  :) 

https://blockgeeks.com/guides/smart-contracts/

 

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