Not smart and not contracts

according to Forbes, with a very interesting article about ICON, touching upon Smart Contracts. About a two minute read.

Comment: excellent article, and quantifies something many of us in DeFi already know — there are lots of Smart Contracts being used that have critical coding errors. Almost 3,800 to be precise. And we’ve seen several DeFi projects blowup, some costing users millions of dollars.

What is a Smart Contract?

Ok now Smart Contracts are extremely important so you need to have at least a basic knowledge of what they are. So let’s chat about them!