What is a smart contract platform?

Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met . They typically are used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without any intermediary’s involvement or time loss.

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Can you write smart contracts with Python?

SmartPy is based on Python 3 language and requires Python code syntax . Python developers will feel at home when starting to code smart contracts with SmartPy. However, note that although it is possible to import Python libraries through the import directive, some features will only work in the development environment.

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