Smart contracts are part of the blockchain zeitgeist. And with reason: they are unlocking many useful applications. I’m writing this post to clarify that there are really two types of smart contracts: stateful smart contracts are the most flexible; stateless smart contracts have better scale and security.
Stateless & Stateful Smart Contracts: Lessons in flexibility, scale, and security from digital circuit design
Smart contracts are part of the blockchain zeitgeist. And with reason: they are unlocking many useful applications. I’m writing this post to clarify that there are really two types of smart contracts: stateful smart contracts are the most flexible; sta…