Is a token just a smart contract?

A token contract is simply an Ethereum smart contract . “Sending tokens” actually means “calling a method on a smart contract that someone wrote and deployed”. At the end of the day, a token contract is not much more a mapping of addresses to balances, plus some methods to add and subtract from those balances.

Read more

Is it hard to write smart contracts?

Smart contract development can become a marketable skill for developers that know how to build them. A surprising part of smart contracts is that they aren’t hard to build . The DApp platforms and surrounding tools make it possible to create them and easily build your own blockchain technology.

Read more

How are smart contracts created?

Smart contracts are made possible by blockchains , a network of computers that work together to enforce rules on the network without requiring the help of an intermediary. With conventional contracts, a document outlines the terms of a relationship between two parties, which is enforceable by law.

Read more