I'm trying to understand the difference between
Ethereum and smart contracts. I know Ethereum is a blockchain platform, but how does it relate to smart contracts? Are they the same thing or completely different?
5
answers
Sofia
Thu Feb 13 2025
The distinction lies solely in their digital nature.
Tommaso
Wed Feb 12 2025
Smart contracts represent a form of computer program that resides on a blockchain network.
KimonoSerenity
Wed Feb 12 2025
Unlike traditional contracts, smart contracts function as self-executing pieces of code.
Valentina
Wed Feb 12 2025
They are designed to automatically execute when the conditions agreed upon by the involved parties are fulfilled.
GliderPulse
Wed Feb 12 2025
For instance, a smart contract can be programmed to issue a digital token upon receiving a fiat deposit.