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 many EVM-compatible chains use 0x prefixes | Ethereum and many EVM-compatible chains use 0x prefixes. | ||
Solana uses nonstandardised prefixes. | Solana uses nonstandardised prefixes. | ||
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. | ||
Revision as of 19:19, 20 April 2022
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 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 using etherscan. Contract addresses are a fundamental part of what makes DeFi so transparent and verifiable. The ability to simply check how many dollars Ukraine has received to their wallet via smart contracts is what separates DeFi from the traditional finance world.