Ethereum Smart Contracts
Ethereum Smart Contracts are self-executing programs deployed on the Ethereum blockchain that automatically enforce and execute the terms of an agreement when predefined conditions are met. They are written in high-level languages like Solidity and compiled to Ethereum Virtual Machine (EVM) bytecode, enabling decentralized applications (dApps) for use cases such as DeFi, NFTs, and DAOs. These contracts are immutable once deployed, ensuring trustless and transparent operations without intermediaries.
Developers should learn Ethereum Smart Contracts to build decentralized applications (dApps) that require automated, tamper-proof logic, such as in decentralized finance (DeFi) for lending protocols, non-fungible tokens (NFTs) for digital ownership, or decentralized autonomous organizations (DAOs) for governance. It's essential for roles in blockchain development, enabling innovation in sectors like supply chain, gaming, and identity management by leveraging Ethereum's large ecosystem and network effects.