← All explainers

Smart contracts are programs

Updated: 0 views

A smart contract runs blockchain operations when programmed conditions are met.

What the name does not prove

“Contract” alone establishes neither legal enforceability nor error-free code.

Automation has boundaries

FinFly recommends checking external data inputs and upgrade authority. Automatically executing a wrong condition remains wrong.

Check implementation

Verify address, network, permissions and code review. An audit is not a repayment guarantee.

Primary sources

The explainer is checked against these institutional and industry sources. Links open the original material.

All explainers