Cryptocurrency Q&A
How is contract address determined?
How is contract address determined?
Andrea
Wed Oct 30 2024
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5 answers
854
I'm curious about how the contract address is determined in the blockchain. Is it based on specific criteria or is it randomly generated? How does this process work exactly?
5 answers
BitcoinWizardry
Fri Nov 01 2024
The sender's address plays a crucial role in this process. It serves as the foundation for generating a unique contract address.
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CryptoTitanGuard
Fri Nov 01 2024
The determination of a contract address involves several key factors.
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EchoWhisper
Thu Oct 31 2024
Alongside the sender's address, the nonce is also essential. The nonce is a number that is used to ensure the uniqueness of each transaction.
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LightningStrike
Thu Oct 31 2024
When a contract is created, a specific calculation is performed. This calculation involves taking the Keccak-256 hash of an RLP-encoded list.
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Isabella
Thu Oct 31 2024
This list contains the creator's address and their nonce. By applying the Keccak-256 hash function, a hash value is generated.
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