Cryptocurrency Q&A
What does contract address mean in Crypto?
What does contract address mean in Crypto?
SolitudeEcho
Wed Nov 06 2024
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6 answers
1631
I'm trying to understand cryptocurrency and I came across the term 'contract address'. I'm not sure what it means in the context of Crypto. Can someone explain it to me?
6 answers
GyeongjuGloryDaysFestival
Fri Nov 08 2024
Smart contracts represent autonomous agreements that operate based on predefined rules and logic.
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CryptoNinja
Fri Nov 08 2024
These contracts do not require any intermediaries to facilitate transactions, as they are self-executing.
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CryptoEnthusiast
Fri Nov 08 2024
Once a smart contract is deployed, it monitors the blockchain for specific conditions to be met.
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DondaejiDelightfulCharmingSmileJoy
Fri Nov 08 2024
A contract address serves as a distinctive identifier for a smart contract that has been deployed onto a blockchain network.
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MoonlitCharm
Fri Nov 08 2024
This address is crucial as it allows users to interact with the smart contract and execute its functions.
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