In this video I explain smart contracts. I start by explaining how they fit into, and interact with, the world state. I also explain how account and contract addresses are derived. Then I talk about bytecode and function selectors. I also touch on contract constructors and the ABI. Then I talk about function visibility and contract storage. Finally I explain Turing-completeness and why this feature is so important for smart contracs, and why Turing-completeness is essential to the World Computer vision.

NFTs:

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0:00 - intro
0:31 - world state
4:00 - addresses
5:49 - balances
6:57 - bytecode
8:19 - interaction
9:02 - function selectors
16:05 - constructors
18:11 - ABI
19:14 - function visibility
20:51 - events
21:15 - storage
21:40 - function modifiers
23:21 - the diagram
29:54 - Turing-completeness
36:47 - Significance of Generality

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