Understanding Smart Contracts: Common Misconceptions Explained

Smart contracts are computer programs on blockchains that automatically execute digital agreements, like vending machines for crypto. They’re powerful but often misunderstood. They aren’t legal contracts, they’re not flawless, and they don’t eliminate trust or cover real-world actions. Clearing up these misconceptions helps build confidence, encourage adoption, and guide smarter innovation source: https://news.shib.io/2025/09/24/understanding-smart-contracts-common-misconceptions-explained/