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Here is the summary and analysis of the article:

Summary

The article discusses the use of intelligent contracts in increasing the safety of the Litecoin cryptocurrency (LTC). Intelligent contracts are self -made contracts with the terms of the agreement written directly in the rows of the code, making them safer, more efficient and more reliable than traditional contracts.

Analysis

The article emphasizes the benefits of using intelligent Litecoin contracts including:

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• Effectiveness

  : Intelligent contracts automate a lot of tasks, reduce the need for intermediaries and minimize errors.

• Reliability : Intelligent contracts ensure that transactions are processed a predictable and reliable way.

The article also includes some potential restrictions on intelligent contracts, for example:

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• Scalability : Intelligent contracts may not be suitable for extensive applications where scalability is a problem.

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Key Roads

• Intelligent contracts are a viable option for increasing security and efficiency in the Litecoin network.

• Although there may be restrictions on their implementation, intelligent contracts offer significant benefits over traditional contracts.

• As this technology is constantly evolving, it is likely that we will see the more widespread adoption of intelligent contracts in cryptomen networks.

Consequences

The use of intelligent Litecoin contracts has consequences for a wider cryptomena including:

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• New business models : Intelligent contracts can enable new business models and applications that have not previously been possible on traditional blockchain.

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Competitive advantage : Companies that receive intelligent contracts technology may have a competitive advantage over those not.