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