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Smart Contracts in Gambling: How DeFi Could Change Online Casinos

What this article covers This guide explains what smart contracts are, why they matter for casinos, and how DeFi building blocks—liquidity pools, automated market makers (AMMs), decentralized oracles, and stablecoin rails—can reshape payouts, odds, and compliance. It finishes with an operator blueprint, a risk checklist, and FAQs anchored in current documentation and case law. Smart contracts 101 for gambling founders A smart contract…

What Are Smart Contracts? A Simple Explanation for Beginners

What is a smart contract? A smart contract is software stored on a blockchain that holds data and functions at a specific address and runs exactly as programmed when triggered by a transaction. In Ethereum’s docs, it’s “a program that runs on the Ethereum blockchain,” composed of code (functions) and state (data). Standards bodies echo this: NIST describes smart contracts as…

Smart Contracts 101: The Backbone of Blockchain and DeFi

Table of contents What a smart contract is How execution works on Ethereum Core properties and trade-offs Token standards that power Web3 Oracles and the “oracle problem” Common use cases in 2025 Security pitfalls and best practices Upgrades and proxy patterns Fees and scaling with rollups Account abstraction and smart-contract wallets Getting started FAQs What a smart contract is A smart contract is program code plus state stored at an on-chain address; when a…

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