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Difference between revisions of "Contract address"
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(Created page with "A contract address is a string of randomly-generated letters and numbers that enable users to trace smart contract activity. === Conventions === Ethereum and many EVM-compatible chains use 0x prefixes Solana uses nonstandardised prefixes. Harmony uses one prefixes. === Uses === Contract addresses can be cross-referenced to the blockchain specific block explorer to verify activity. For example, we can see that Ethereum user 0xngmi bridged some 500 USDC tokens via Hopp...") |
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A contract address is a string of randomly-generated letters and numbers that enable users to trace smart contract activity. | A contract address is a string of randomly-generated letters and numbers that enable users to trace smart contract activity. | ||
== Conventions == | |||
Ethereum and | Ethereum and all EVM-compatible chains use 0x prefixes (indicating a hexadecimal format). | ||
Solana uses | Solana uses Base58 encoding. | ||
Harmony uses one | Harmony uses the "one" prefix. | ||
== Uses == | |||
Contract addresses can be cross-referenced to the blockchain specific block explorer to verify activity. For example, we can see that Ethereum user 0xngmi bridged some 500 USDC tokens via Hopper bridge [https://etherscan.io/tx/0x76a7dd6f3a666b7332a45d5660c0afe58a3e1061479f059675d9b1ac14e85000 using etherscan.] Contract addresses are a fundamental part of what makes DeFi so transparent and verifiable. The ability to simply [https://etherscan.io/address/0x165cd37b4c644c2921454429e7f9358d18a45e14 check how many dollars Ukraine has received] to their wallet via smart contracts is what separates DeFi from the traditional finance world. | Contract addresses can be cross-referenced to the blockchain specific block explorer to verify activity. For example, we can see that Ethereum user 0xngmi bridged some 500 USDC tokens via Hopper bridge [https://etherscan.io/tx/0x76a7dd6f3a666b7332a45d5660c0afe58a3e1061479f059675d9b1ac14e85000 using etherscan.] Contract addresses are a fundamental part of what makes DeFi so transparent and verifiable. The ability to simply [https://etherscan.io/address/0x165cd37b4c644c2921454429e7f9358d18a45e14 check how many dollars Ukraine has received] to their wallet via smart contracts is what separates DeFi from the traditional finance world. | ||
[[Category:Glossary]] | |||