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Smart contracts, do we really need them on the blockchain

or can we run them centralized and utilize the blockchain for the settlements only instead?

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This is what devs are using now. Not only is it more costly to run but majority of people will not trust this. Majority of web3 like decentealization where the contract can be audited/read then they invest

Krill- Автор вопроса
Krill
yea but what do they use it for?

it can be used by a whole new type of investos and developers for a wide variety of products and services

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