Ethereum update: A high level overview of Ethereum smart-contracts using dUber, the decentralized version of Uber. Internal vs. External transactions.
I was reading this piece ([https://medium.com/@nancyellenherriman/ethereum-for-earthlings-e12ec293011a](https://medium.com/@nancyellenherriman/ethereum-for-earthlings-e12ec293011a)) on Ethereum smart contracts for beginners and one section stood out:
“Ethereum smart contracts aren’t able to generate external transactions by themselves, but use cases like dUber can use temporary accounts (often called escrows) to facilitate payment, as shown in transaction #1.”
Didn’t know smart contracts couldn’t generate external transactions. What is the difference between internal and external smart contract transactions?
Great article for beginners by the way!
About Ethereum
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Author: jamesmrk3l
Score: 2
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