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What is a Smart Contract?

ID: 9ee6694e-28aa-5ae4-85e6-475546cee264

STIX ID: report--9ee6694e-28aa-5ae4-85e6-475546cee264

Feed Name: CertiK Blog

Date Published: 2019-10-18

Date Updated: 2026-06-11

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This is an introductory primer on blockchain technology that explains how Bitcoin's decentralized ledger and mining process maintain a transaction history, and how Ethereum extends the model with programmable smart contracts that define deterministic state changes and automated transfers on-chain.

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