stylusguide
  • 1. Welcome to Arbitrum Stylus and Rust
    • Brief Introduction to Arbitrum Stylus
    • Importance of Rust in Blockchain Development
    • What You'll Learn in This Tutorial Series
  • 2. Setting Up Your Development Environment
    • Installing Rust
    • Setting Up Arbitrum Stylus
    • Basic Commands
  • 3. Your First Smart Contract: Hello World
    • Introduction to Smart Contracts
    • Writing the Hello World Contract
    • Deploying and Testing Your Contract
  • 4. Understanding Smart Contract Storage: Simple Storage
    • Basics of Contract Storage
    • Writing the Simple Storage Contract
    • Interacting with Storage Variables
  • 5. Creating Your Own Token: Token Contract
    • Introduction to Tokens and Standards
    • Writing the Token Contract
    • Deploying and Testing Your Token
  • 6. Additional Resources and Next Steps
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  • What is a Smart Contract?
  • Real-world Applications of Smart Contracts:
  1. 3. Your First Smart Contract: Hello World

Introduction to Smart Contracts

What is a Smart Contract?

A smart contract is a self-executing contract where the terms of the agreement are written directly into lines of code. These contracts automatically enforce and execute the terms when predefined conditions are met, without the need for intermediaries. Smart contracts run on blockchain networks, ensuring transparency, security, and immutability.

Real-world Applications of Smart Contracts:

  • Decentralized Finance (DeFi): Automated financial services like lending, borrowing, and trading.

  • Supply Chain Management: Tracking goods and verifying transactions across the supply chain.

  • Voting Systems: Secure and transparent voting mechanisms.

  • Insurance: Automating claims processing based on predetermined conditions.

Smart contracts are fundamental to decentralized applications (dApps) and can be programmed in various languages, including Rust for Arbitrum Stylus.

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Last updated 7 months ago