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 RGB Magic Client Agreements About Bitcoin –  Crypto
November 23, 2022

RGB Magic Client Agreements About Bitcoin – Crypto

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This is Federico Tenga, long-term contributor to Bitcoin projects, editorial editor with experience as a start-up founder, consultant and educator.

The term “smart contracts” predates the invention of the blockchain and Bitcoin itself. It is first mentioned in a 1994 article by Nick Szabó, who defines smart contracts as “a computer transaction protocol that executes the terms of the contract”. While according to this definition, Bitcoin supported smart contracts from the very first block thanks to its scripting language, the term was popularized only later by the promoters of Ethereum, who changed the original definition to mean that “every node in the global consensus executes code redundantly. network”


Source: bitcoinmagazine.com

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