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How cardano smart contracts work?

Answers (1)

Arsalan Afzal
Feb 03, 2022 13:31:33

Cardano smart contracts are programmed in the Haskell language, which is known for its strong typing and emphasis on security. This makes it a good choice for programming smart contracts, as it helps to prevent many common security vulnerabilities. Additionally, the Cardano team has developed a unique approach to smart contract execution called Ouroboros. Ouroboros specifies how a set of randomly selected nodes will execute a smart contract, and ensures that all nodes come to the same consensus on the outcome. This prevents bad actors from sabotaging the contract or fraudulently altering its data.

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