Vitalik Buterin Publishes the Ethereum White Paper vs Smart

Vitalik Buterin's Ethereum white paper introduced a robust version of smart contracts, building upon the concept first proposed by [[nick-szabo|Nick Szabo]]. Smart contracts are self-executing programs with the terms of the agreement written directly into lines of code, allowing for the automation of various processes without the need for intermediaries. This comparison delves into the nuances of both the Ethereum white paper and smart contracts, exploring their origins, functionalities, and impacts on the [[decentralized-finance|decentralized finance (DeFi)]] and [[non-fungible-tokens|non-fungible token (NFT)]] landscapes.