Check out our new platform 🚀 https://thecapital.io/ The history of smart contracts is longer than most of us are inclined to assume. How it all started, who was behind the concept, and what was required to make smart contracts possible in practice — all of that you can learn in the first part of this exposition. Here we are going to explore practical implementations of the technology and then top off with what smart contracts are trying to achieve, what their mission is. Smart Contracts And Cryptocurrencies As smart contracts were first introduced in the cryptocurrency space, it is little wonder they got universal adoption for use with crypto. Bitcoin and other cryptocurrencies are mostly utilized as vehicles for trading and often serve as investment assets, so the first use cases of smart contracts were associated with this field. More specifically, smart contracts lie at the core of the vast majority of decentralized exchanges like IDEX and decentralized stablecoins such a...