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[Solved] What Is Smart Contract Composability

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EXERCISE: 

i. What Is Smart Contract Composability?

ii. Summarize in your own word in this forum below:

(NOTE: please, don't just copy past from other student - instead answer in your own word base on your level of understanding the lesson and resources)

 

 

NOTE:

This Is An Exercise From Our FREE

 Hyperverse 101 - [DECENTOLOGY HYPERVERSE PROGRAMMING COURSE 001]

(If you have not enrolled yet, you can join the course totally for FREE).

 

Ademiju Taiwo 24/10/2023 10:29 pm

@foskaay 

Smart Contract Composability is the ability to build reusable smart contracts that can be easily plugged in to other complex smart contracts for easier and faster development of decentralized applications.

3 Answers
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Topic starter

Smart Contract Composability involves building smart contracts that are easily to use as building blocks for other more complex smart contracts across the same Blockchain or different Blockchains.

It also makes smart contract function as an API that could easily be plugged together to build a dApp faster and much easier.

Joshua Isaac 29/11/2021 11:38 pm

@foskaay  does that means I can build a trading BOT with smart contract?

Solomon Foskaay Solomon Foskaay Topic starter 30/11/2021 11:53 am

@joshua yeah, it possible but require core knowledge of smart contract programming.

Hopefully with hyperverse smart modules in future this will require little to no smart contract coding skill leveraging on already build smart modules for such use case.

Joshua Isaac 30/11/2021 12:06 pm

@foskaay  thank you for the availability

1

Smart-contract composability (SSC) helps to simplify the complexity of different plug-ins in dAPP development.

The cons of SCC is that it will reduce the time and resources deployed to develop a new blockchain-enabled app

0

I think smart contract composability is the ability of smart contract to be able to handle the actions happening in the block chain

Solomon Foskaay Solomon Foskaay Topic starter 30/11/2021 12:02 pm

@joshua not really, it is more of been able to make smart contracts modular in a way that multiple of them can be used together to create more complex smart contracts and dApps faster and easily

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