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What are smart contracts?
Programs that hold assets and move them when conditions hit. Useful. Also a way to lose coins to a bug.
In plain language
A smart contract is code on a blockchain that can custody tokens and execute when it is called. It does not think. It runs what was written.
On this desk
Caldwell Fox Capital is a central book, not a chain you deploy to. Smart contracts matter for some assets we list. We do not ask you to write them.