David M. Adlerstein is counsel at New York City law firm Wachtell, Lipton Rosen & Katz, where he focuses on mergers and acquisitions, corporate, securities law and regulatory matters. In this opinion ...

A smart contract is a self-executing computer program with the terms of the agreement written directly into lines of code. It is stored and replicated on a blockchain network. Smart contracts enable ...

An application on Ethereum, Solana or other programmable blockchain. Smart contracts mostly govern financial arrangements; for example, they enable new cryptocurrencies to be established, and they ...

What is a smart contract? This is a question that, these days, has become impossible to answer without starting the digital equivalent of a bar fight. The minute that term is thrown out in a ...

Smart contracts are potentially one of the most useful tools associated with blockchain, and they can enable the transfer of everything from bitcoin and fiat currency to goods transported around the ...

Bitcoin’s capacity is limited. Meanwhile, smart contracts can be resource intensive. So even though Bitcoin has always supported basic smart contract functionality, the two have never been a natural ...

2023 was a confusing year for skeptics of digital assets. There have been aggressive regulatory actions, high-profile criminal convictions and shocking thefts. And yet, the total market capitalization ...

A logic error in a smart contract, which is software that resides on Ethereum or other programmable blockchain. Because smart contracts are involved in financial ...