Smart Contracts vs Social Recovery
Quick comparison to help you distinguish these two crypto terms.
Smart Contracts
beginner
fundamentals
Smart contracts are self-executing programs stored on a blockchain that automatically perform predefined actions when specific conditions are met, without needing any intermediary.
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advanced
fundamentals
Social recovery is an advanced wallet security mechanism that enables account recovery through a trusted network of guardians who can collectively help restore access if you lose your private keys, without any single guardian having the power to access your funds independently.
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