Smart contract is an electronic protocol for enforcing and verifying of transaction as per rules of agreement in a legal contract. Contract is a written agreement between two parties i.e. sender and receiver

Matthew and Fernando discuss the latest on the Bitcoin Cash pending UAHF, and  also explore the true cost per Bitcoin Transaction, which includes BOTH  transaction fees AND inflation:   

Imagine you started a digital currency system 8 years ago, which would self-finance its own, decentralized network. Initially, it would do so by inflation, or in other words rewarding new coins to users.