How do you trigger a smart contract?
A smart contract works through automated conditional performance. When a contractual obligation is met, the…
What is a smart contract for beginners?
A] What Are Smart Contracts? In simple words, Smart Contracts are a set of computer code (protocols) that…
Are smart contracts illegal?
In general, smart contracts are enforceable as long as they follow the basic rules of contractual…
Why do I need a smart contract NFT?
Smart contracts and NFTs Like a vending machine, they can verify that you have insured enough money to get…
How much does it cost to run smart contract?
Are smart contracts expensive?
The greater a smart contract's complexity, the more expensive it is to run…
Who pays for smart contracts?
The miners. They mine and take the fees of the transactions, which include the "gas" cost of executing your…
What do smart contracts mean?
A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being…
What is NFT lazy minting?
Lazy Minting outline The gas fees for minting are rolled into the same transaction that assigns the NFT to…
How many NFTs should my collection have?
The unspoken convention is that most NFT collections span between 5,000 and 10,000 tokens, featuring…
How many NFT can I Mint on OpenSea?
The platform previously allowed unlimited collections and items but changed its policy to only allow five…