Content
@
https://warpcast.com/~/channel/sense
0 reply
0 recast
0 reaction
Steve
@stevebeachy
Crypto Lesson with /sense Have you ever minted an NFT ? If so, you have interacted with a smart contract. 🔧 How Smart Contracts Work : A step by step guide. Code the Contract Developers write the smart contract using a blockchain-compatible language (e.g., Solidity for Ethereum). It includes: The rules (e.g., “If A sends 1 ETH, then B receives a token”). The logic to enforce and execute those rules. Deploy to Blockchain The contract is published (deployed) to a blockchain like Ethereum, Solana, or Avalanche. It gets a unique address and becomes immutable (unchangeable). Triggered by Users or Apps Users or decentralized applications (dApps) interact with the contract—often by sending a transaction. This triggers the contract to check whether its conditions are met. Automatic Execution If the conditions are met, the contract automatically executes its instructions: Transfers cryptocurrency. Issues NFTs. Executes trades. Updates records (like ownership or access rights).
7 replies
1 recast
13 reactions
Natalia🎩💜
@tashacrypt.eth
Steve, thanks for explaining 🫶🫶🫶
1 reply
0 recast
1 reaction
Steve
@stevebeachy
It’s a pleasure Tasha ! 🤗😇❤️
0 reply
0 recast
0 reaction
