Smart contracts - Simply Explained

Рет қаралды 1,735,100

6 жыл бұрын

What are smart contracts and what do they have to do with blockchains and cryptocurrencies? Well, let's find in plain English!
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Пікірлер: 614

@hulk7272 3 жыл бұрын

I just came here after watching a 30-minute video. Needless to say, I got more out of your 4 minute video than the other which I watched several times and STILL came away with ???? "If you can't explain it simply, you don't understand it well enough." - Albert Einstein.

@rogerbrandt6678 3 жыл бұрын

That’s why it’s simply explained....lol I’m a new sub.

@Olsenator Жыл бұрын

Well you can always go back to dog and cat videos like I did

@kamui4708 7 ай бұрын

Fr i hate it when someone explain it over 5 minutes just for a one word

@IronWillVision1111 4 ай бұрын

0:36 0:42 0:43 0:43 0:44

@salmanrashid3392 Жыл бұрын

Thanks for the overview Simply Explained. I love how easily you were able to simplify the concept for someone who had no idea about smart contracts and their value proposition. Your effort is greatly appreciated.

@babafemiojo8091 3 жыл бұрын

The explanation in this webinar is quite good, simple and clear. I hope it's something that will be worthy of doing with no regrets.

@SandalinaEvi 4 жыл бұрын

Beautiful explanation. So clear and to the point. THANK YOU!

@thoyda 2 жыл бұрын

This is a great video - Thank you. Very interested to see how this progresses and all of the use cases that will emerge, particularly in security of health records

@syncrovanCos Жыл бұрын

After few hours of searching and watching videos, this was the first I've really get it right and easy to digest from A to Z. Still need to learn,but it's a good start. Thank you !

@jackbenhaim9197 6 жыл бұрын

Clear as crystal. Enjoyed every moment of it. Great job. Thanks

@MrNudgit45 2 жыл бұрын

Thank you! Most understandable crypto explanations I've heard. Much appreciated. Keep up the good work.

@chadwickburks2478 3 жыл бұрын

Clear, concise, and amazing. Thank you for making this.

@blaze9670 21 күн бұрын

yes

@jasseniyalorie2859 2 жыл бұрын

Never thought that this expertise would expand. I learned a lot by watching this video, thank you.

@SaifulIslam-jt1dz 2 жыл бұрын

This is really well explained, the drawn examples are fundamental, the script is good too! Thanks a lot!

@anonsolaris 2 жыл бұрын

Nicely delivered & explained. Appreciated the content, thank you.

@mikefifigao5507 6 жыл бұрын

Thank you for your creation. Very clear and concise explanation!!

@codygonzalez5131 5 жыл бұрын

Very informative and at the same time capacious! Excellent video, subscription and thumbs up!

@HendraWijayaDjiono 6 жыл бұрын

You explained very well and clear! Thanks alot!

@huyhoang752 6 жыл бұрын

The contents you put in these videos are so AMAZING! Please keep going! :)

@upplsuckimcool16 2 жыл бұрын

Finally a very clearly spoken and easy to understand video on this subject. I've watched three other videos on this thinking "how does this matter it seems very normal and not impressive" When i watched 2 minutes of your video I thought "HOLY SHIT THIS IS BIG!"

@normangrochowski6972 2 жыл бұрын

Very Good, Precise, Easy to Understand presentation, of what Smart Contract entail. Thank you

@subrock007 6 жыл бұрын

Superb explanation in a layman's terms. Thanks for the introductory video.

@nabil-cv1iz 3 жыл бұрын

it's a great plesure to watch youre videos, i watch them several times and get some benificial informations in a very simple way

@sambakatepalli9199 6 жыл бұрын

Dear Savjee. Your videos are very informative, enlightening and most importantly very easy to understand. Even a lay man can understand the technology if teacher can be like you. Thank you very much for the videos. Please do some videos on Decred, EOS, NEO, GAS, Power Ledger. And please do videos on ICOs that are introducing new Technologies. if we understand the technology at ICO level, it is easy for us to decide on worth of it to invest.

@Zimo0o Жыл бұрын

This is the best video I have ever seen explaining smart contracts. Perfectly clear, concise and to the point no bs Thank you so much, subscribed!

@abhinandvalasseri1294 5 жыл бұрын

Awesome bro! Nice and clean animation plus simple explanation This helped me do my seminar on block chain

@helindeelaka9362 2 жыл бұрын

Thank you for the awesome explanations ❤️👏🏻🔥

@Pensive_Impact 2 жыл бұрын

Thank you so much, very good and concise explanation!

@zainabadamu1356 Жыл бұрын

This explanations are lovely thank you

@yoshitaarora4180 Жыл бұрын

This was a great explanation. Thanks for the video!

@mdparvej7849 2 жыл бұрын

The contents you put in these videos are so AMAZING! Please keep going!

@jessicawiley5797 2 жыл бұрын

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

@freedomlifestylewithads708 3 жыл бұрын

Amazingly well explained!

@rfarchives3320 3 жыл бұрын

Great video, wonderfully explained

@justmeonthebeach 3 жыл бұрын

This is as clearer as it can be cleared... thanks!!

@aronfontenelle4145 3 жыл бұрын

these videos are really insightful exspecially now so thank you

@dancorwin9232 2 жыл бұрын

Wow, smart contacts have always confused me but now they make perfect sense!! Thank you so much for this!

@jessicawiley5797 2 жыл бұрын

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

@dsouzaedson Жыл бұрын

Great explanation. Thank you!

@effexon 3 жыл бұрын

Whoa, more I learn building blocks of internet during 90s, more amazing. Majority of society were raving about first online games ,getting any ISP, learning to use modem commands, when these people were researching 2000s, 2010s internet necessities in universities.

@MrMightyBeans 3 жыл бұрын

Very informative. Thank you kindly.

@dwaniscool 2 жыл бұрын

Thank you! This was very helpful!

@Beardedlady71 4 ай бұрын

Wow. 4 minutes and now I understand smart contracts. Great analogy with Kickstarter example. Thanks!

@santosharakere 6 жыл бұрын

Excellent video. Thanks.

@dgutte 3 жыл бұрын

Great stuff, well explained

@severuskein1809 6 жыл бұрын

Loving your channel. Subbed

@neyudn7896 6 жыл бұрын

Great job, easy to understande with practical example

@pranavgupta2129 3 жыл бұрын

Really good one and very easy to understand. Thx

@dav0625 3 жыл бұрын

Thank you for this clear video.

@krishnanrastogi8386 4 жыл бұрын

Such a wonderful explanation .

@faustin289 3 жыл бұрын

"A smart contract is a small program stored into a blockchain." Genius, I will remember that. Thank you!

@list9016 2 жыл бұрын

whats wrong with that explanation?

@GateHacker1 5 жыл бұрын

You killed it with this one sway!

@elielzinsou89 3 жыл бұрын

Thanks a lot for your explanations

@pambomeyieemy8394 3 жыл бұрын

THANK YOU !!! I HAVE MY EXAM TOMORROW AND THANKS TO YOU I UNDERSTAND WHAT I WAS STRUGGLING TO UNDERSTAND FROM MY PROFESSOR

@aaron_trice 2 жыл бұрын

What school are they teaching you about blockchain and smart contracts?

@v.s.s.s2960 4 жыл бұрын

I liked your video so much... Very useful. Please keep a course on this blockchain with certification.

@maaifoediedelarey4335 6 жыл бұрын

Subscribed ! You make very good videos 👍

@every-thing-short Жыл бұрын

Thank you so much for explanation

@qualityperso6721 3 жыл бұрын

Very well explained

@HuGo-wp4cp 3 жыл бұрын

Bro your honestly best at explaining stuff. Chur

@Inviincible 2 ай бұрын

As a person who is in the process of writing PhD about smart contracts, I would love to thank you! That is a great video for explaining people what are smart contracts

@williamhernandez8526 6 жыл бұрын

great videos! Thank you.

@mrmilmont Жыл бұрын

Simple and Clear!

@scotthester2189 5 жыл бұрын

very helpful, Great job. Keep up the good work

@HusbandsCanCookToo 2 жыл бұрын

love your content. so simple

@marquezFTW 6 жыл бұрын

This is the best crypto channel on youtube hands down. Thanks for all your videos!

@omidakbarian2996 2 жыл бұрын

Thank you for this useful content

@danfloawe 6 жыл бұрын

Thanks for the explanation 👍

@yashpandey381 3 жыл бұрын

appreciate the explanation. better than most..

@beroecaaaa 3 жыл бұрын

Awesome explanation!

@alecdelu83 2 жыл бұрын

amazing video, thanks!!

@sevarchy 6 жыл бұрын

Great video, great example.

@mentormags 2 жыл бұрын

very well explained, thank you

@jessicawiley5797 2 жыл бұрын

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

@RameshP-ds4xt 6 жыл бұрын

Great vid. Simple explanation and great Content !!! Sub'd !!!

@perf5432 6 жыл бұрын

Hello, great video, easy to understand. However, I always wondered how can smart contracts could replace things like Airbnb and Uber in the case of a complaint. In those cases, the third party can be the judge. How those situations are handled in smart contracts ? Would love to understand this to fully trust the concept of smart contracts. Cheers.

@samuelaustin9217 6 жыл бұрын

Thank you. Your videos are very easy to follow and understand. I am showing them to all the younger generations in my family so their understand how the future of commerce and payments will be.

@jasonmartin7758 6 жыл бұрын

Thank you! Very clear explanation. There are some interesting ICOs that will offer smart contracts suck as DIW Token, Concierge and Gilgamesh

@digio47gmail 5 жыл бұрын

Wow, this video is awesome! Congrats

@Yadiel458x 6 жыл бұрын

The best explanation!

@soap4890 2 жыл бұрын

Best video on smart contracts.

@lakshyagoyal5560 2 жыл бұрын

Great video and very well explained too!! One thing that I was a little confused by though is, how doesn't someone make sure that the actual smart contract that someone creates is trustworthy? Would a user need to go in and read the 'terms' (aka code) of the contract to be fully sure what the contract is doing?

@hsc587 2 жыл бұрын

Also interested in what mechanisms there are to verify whether the smart contract has been broken or upheld from inputs in real life, like if I fund something on kickstarter ensuring that either you get the product or you get refunded.

@oliverslazdins8237 Жыл бұрын

@@hsc587 Imagine this future scenario, its 2050, You enter a list of shopping items you need for the next week into Your robot, this information gets stored on a blockchain through a smart contract, so the robot goes through the city during the day visiting various vendors collecting the items and paying for them with your money/crypto. The vendors see the smart contract existing on the decentralized blockchain, so they hand out the merchandise and receive an immediate payment, so the contract gets safely and transparently executed.

@ssoumen95 3 жыл бұрын

Extraordinary explanation

@bitcoinlaunchpad4575 6 жыл бұрын

Love your vids! Simple and super informative! Go a great new video idea for you... Sharding! Would be great if you could help a vid on this topic. This is the future for blockchains and understanding what sharding is would be greatly beneficial for your audience. Keep on making brilliant vids! Thanks

@dirkjan9945 2 жыл бұрын

Good video, significant is that people know that solidity is very different from JS.

@andreasjames1956 6 жыл бұрын

Excellent explanation

@ambertay9141 5 жыл бұрын

Smart contracts are awesome. Ethereum, NEO and now Cardano - I'm loving the competition and innovation in this field! Smaller companies like PolicyPal Network and Propy are also doing a great job in bringing in smart contracts to increase efficiency and lower cost in their respective industry (insurance & real estate). Can't wait for more innovation in this area :)

@corectorul8560 2 жыл бұрын

And Elrond that launched Smart Contracts before Cardano and let the possibility to write them in any language that can be compiled to WASM (easy for Rust, C/C++ devs, but also possible for other programming languages).

@Sir_Leelord 2 жыл бұрын

Cardano is finally launching smart contracts this September, but don't forget that Flare will also be using them, and will add smart contract capability on the XRP ledger too. interesting times ahead.

@dreerable 2 жыл бұрын

ETH 2.0 will be King

@Prodelem 2 жыл бұрын

@@dreerable Lol good joke right there

@dreerable 2 жыл бұрын

@@Prodelem it’s king now so your the joke

@tomluna1201 3 жыл бұрын

Thank you, everyone was talking about smart contracts I had no idea what they were talking about.

@jessicawiley5797 2 жыл бұрын

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

@cryptojuan5897 2 жыл бұрын

Love the channel . Simply explained

@jessicawiley5797 2 жыл бұрын

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

@huseyinselcuk9217 2 жыл бұрын

perfect job! thanks for the video.

@jessicawiley5797 2 жыл бұрын

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

@war2209 2 жыл бұрын

a great video thanks for explaining

@tresafm 6 жыл бұрын

Excelent, and I'll use this video on my classroom everyday.

@simplyexplained 6 жыл бұрын

That's awesome! Spread the word!

@alisalloum629 2 жыл бұрын

thanks, great video

@homanpst9437 Жыл бұрын

nice and easy, thanks a lot

@yyndsai 2 жыл бұрын

Great Explanation

@vulturetf3857 2 жыл бұрын

great video. thanks

@umidjonxudoynazarov9012 2 жыл бұрын

Thank you for simple explain this theme.

@jessicawiley5797 2 жыл бұрын

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

@shabrinaghaisany5420 2 жыл бұрын

This is a cool video - Thanks. Very interested to see how this progresses

@jessicawiley5797 2 жыл бұрын

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

@aihear 3 жыл бұрын

You are really great. Thank you so much. Loves from Turkey. 🚀🚀

@NoorKhazal 6 жыл бұрын

Happy new year bro. Was wondering if you could try to explain enigma as it's highly talked about and will have a massive impact if what they claim is true. Read their whitepaper but it's to difficult to understand..

@rafaeldossantos5741 2 жыл бұрын

Great video!

@VikeshPyati 5 жыл бұрын

Awesome!! Thanks

@johnny2351 5 жыл бұрын

Thank You!

@okechukwunwanjah5853 3 жыл бұрын

Very wonderful presentation. Thank you. I now use smart contract to earn lots of money

@mubafaw Жыл бұрын

Solid explanation 👍

@SeanJuanNJ 6 жыл бұрын

Excellent video,super easy to understand.

@MrShinzen 6 жыл бұрын

Your videos are very clear. Thanks for the subtitles in Italian!

@simplyexplained 6 жыл бұрын

Thank you! Oh and don't thank me for the Italian subs, that is entirely powered by the community! So props to them for creating the subs and submitting them to me ;)