The site is secured using your Ethereum wallet. You can use any wallet that supports Web3, such as MetaMask, Trust Wallet, or Coinbase Wallet. You can also use a hardware wallet such as a Ledger or Trezor. If you don’t have a wallet, you can create one using MetaMask or Trust Wallet. Once you have a wallet, you can access the site by clicking the “Enter App” button in the top right corner of the screen. You will be prompted to sign a message using your wallet. Once you sign the message, you will be logged in. You can then create a new contract or view your existing contracts.
Frequently Asked Questions
What are smart contracts?
Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. They render transactions traceable, transparent, and irreversible.
How do I access the site? How do I get a login?
Are smart contracts legally binding?
Although it would depend on your jurisdiction, smart contracts can be legally binding. The code is law. The code itself is the contract. The code dictates the rules and penalties of an agreement, just as traditional contracts do today. When a smart contract is deployed on the blockchain, it is immutable. No party can go back and change the terms of the agreement. The contract auto-executes when the conditions are met. The contract cannot be stopped, censored, or reversed.
Are dApps and smart contracts the same thing?
The terms are often used interchangeably; distributed applications (dApps) are decentralized applications that run on a peer-to-peer network of computers rather than a single computer. dApps are designed to avoid any single point of failure. dApps are open source, decentralized, incentivized through tokens, and operate on consensus protocols. Smart contracts are the code that runs the dApps.
Why are smart contracts said to be trustless?
Smart contracts are trustless because they are self-executing and self-enforcing. The code itself is the contract. The code dictates the rules and penalties of an agreement, just as traditional contracts do today. When a smart contract is deployed on the blockchain, it is immutable. No party can go back and change the terms of the agreement. The contract auto-executes when the conditions are met. The contract cannot be stopped, censored, or reversed.
What are gas fees?
Gas fees refer to the payment needed for transactions on the blockchain. Gas fees depend on the supply and demand of compute resources on the blockchain and are collected by the network validators or miners. When you make a payment, deploy smart contracts, or write information to the blockchain you will see a break-down of the fees on your wallet application. You can think of gas fees as the cost of doing business on the blockchain, or being equivalent to transaction fees in traditional banking systems.