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drveb12020-05-23 13:17:29
blockchain
drveb1, 2020-05-23 13:17:29

What are automated smart contracts?

Hello!
I found some interesting information on the net about automated contracts. I understand the idea, but I can't catch up with how it looks in practice.

Maybe someone can show you a concrete example.

Here is the text from the web:

<For automated ones, it is typical that with all known parameters and the conditions that have come, the smart contract is fully executed automatically, that is, it does not require sending any additional transactions and spending an additional commission on each subsequent execution. The platform itself has all the data to calculate how the smart contract will end. The logic there is not arbitrary, but predetermined and all this is predictable. That is, it is possible to estimate the complexity of the execution of a smart contract in advance, use some kind of constant commission for it, and all processes for its implementation are more efficient./blockquote>

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