Chapter 1 Quests
/ / 1. Explain what the Blockchain is in your own words. You can read this to help you, but you don't have to: https://www.investopedia.com/terms/b/blockchain.
The blockchain is a shared ledger where transactions by and between individuals are recorded and verified by other computers on the network.
/ / 2. Explain what a Smart Contract is. You can read this to help you, but you don't have to: https://www.ibm.com/topics/smart-contracts
A smart contract is a rulebook for interacting with the blockchain. It consists of a "state" and "logic."
/ / 3. Explain the difference between a script and a transaction.
A script is free. It includes importing the contract and including the "main()" function at the top. A transaction costs money and is used to interact/change the blockchain.