Smart Contracts and Tokens

Summary

This chapter examines programmable blockchain logic and digital assets. Students will learn what smart contracts can and cannot do, the risks they introduce (including the oracle problem), and how tokens represent value on blockchain networks. The chapter covers fungible and non-fungible tokens, tokenization, and the practical aspects of managing digital assets through wallets. A critical perspective on smart contract security is emphasized throughout.

Concepts Covered

This chapter covers the following 12 concepts from the learning graph:

  1. Smart Contract
  2. Smart Contract Risks
  3. Oracle Problem
  4. Token
  5. Fungible Token
  6. Non-Fungible Token
  7. Tokenization
  8. Wallet
  9. Cold Storage
  10. Hot Wallet
  11. Decentralized Application
  12. Cross-Chain Bridge

Prerequisites

This chapter builds on concepts from:


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