Ethereum in Depth: Clever Contracts – Aspect one: What is a Clever Contract?

Aspect two:

In this video I give an introduction to clever contracts in ethereum.

First I describe what accounts are in a more simple forex only blockchain.

Then I clearly show how ethereum introduces a next type of account: a code managed account (aka clever deal).

This type of account does not have a private vital but in its place is managed by code.

It can retail store ether, just like person accounts, or it can keep a harmony of and be utilized to produce some other functionality in just the context of an software.

I then give illustrations of how you can use clever contracts.

If you want to idea this video right here is an ethereum handle for this video: 0xD6d1F455814211E3A79a03fAa7Bc18C74Ca9163c


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