I'm curious about the functionality of blockchain technology. Specifically, I want to know if blockchain can operate independently without the need for smart contracts. Are they essential for blockchain to function or can it work without them?
5 answers
Stefano
Sat Dec 28 2024
Smart Contracts rely heavily on Blockchain technology to operate effectively.
CryptoWizard
Sat Dec 28 2024
They are triggered when specific preset circumstances are met and validated by a network of computers.
alexander_rose_writer
Sat Dec 28 2024
This network of computers performs the necessary operations outlined in the contract.
SumoPowerful
Sat Dec 28 2024
Once the transaction is successfully executed, the blockchain is updated to reflect the changes.