Deploy EVM compatible smart contracts on Rootstock and leverage the security of the Bitcoin network. For instance, you could write a smart contract that holds digital assets to be paid to a contractor once she finishes the work on your house. But who decides when the work is “finished?” Smart contracts decentraland mana crypto are a cost-efficient tool to execute and automate any set of tasks within a network. By automating transactions without the need of a central authority to mediate, both individuals and conglomerates can actually reduce potential risks while saving money and time. As Nick Szabo, the inventor of smart contracts, once summarized in layman terms: smart contracts can be compared to buying snacks at a vending machine. The vending machine is pre-programmed to function and can operate without employees.