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A: Well, I guess that’s all there is to know about–
B: We still need to talk about smart contracts.
A: Of course we do.
B: It’s important! Smart contracts are used to manage how NFTs are bought and sold!
A: … fine. How do smart contracts do that?
B: Well, let’s say you’ve created an NFT and you want to sell it. You’d create a smart contract that outlined the terms of the sale, and both the buyer and the seller would use it to complete the transaction.
A: Isn’t blockchain supposed to do that?
B: It does. The smart contract is on the blockchain, so the terms are effectively permanent.
A: Effectively permanent?
B: Well, until someone figures out how to break blockchain encryption. You’d need quantum computers to do that.
A: Don’t we have quantum computers now?
B: We don’t talk about that.