FAQ About Web3
What are Web3 apps?
An integral part of many dApps or Web3 applications are called “smart contracts”. Those of you with experience in blockchain technology will likely be familiar with the concept of smart contracts. Smart contracts are essentially self-executing software contracts, pieces of code that run on a blockchain like the Ethereum blockchain. They "run" automatically or are executed when a related set of conditions is met. Therefore, these “contracts” can automatically validate and execute a transaction between different parties.
