What is the Ethereum contract address?

The Ethereum contract address is a unique identifier used to identify smart contracts on the Ethereum network, consisting of 40 hexadecimal characters, for example: 0x1234567890abcdef1234567890abcdef1234567890abcdef.

What is the Ethereum contract address?
The Ethereum contract address is a unique identifier used to identify smart contracts on the Ethereum network. It is a hash of a string of 40 hexadecimal characters that looks like this:

0x1234567890abcdef1234567890abcdef1234567890abcdef

Contract address generation

The contract address is automatically generated when the smart contract is created. It is obtained by hashing the contract bytecode, creator address, and block number.

Role of Contract Address

Contract address plays a vital role in the Ethereum ecosystem and has the following functions:

• Identifying Contract: Contract Address allows users to uniquely identify any contract on the Ethereum network Smart contracts.
• Interaction: Contract address enables users to interact with the contract, send transactions, call functions and obtain data.
• Track activity: By monitoring the transaction activity on the contract address, users can track the usage of the contract and the flow of funds.
• Security: The contract address cannot be changed, ensuring the integrity and immutability of the contract code.

How to find the contract address

You can find the contract address in the following ways:

• Contract creation transaction: The contract creation transaction contains the contract address.
• Block Explorer: Block explorers like Etherscan allow users to search for contracts and view their addresses.
• Contract deployment script: Scripts that deploy smart contracts usually output the contract address.

Note:

• The contract address is publicly visible and anyone can use it to interact with the contract.
• Don’t be confused with wallet address, contract address and wallet address are different.

Ethereum Market Performance

As of 18:00 on July 1, 2024, the price of ETH is $3469.9074321239, an impressive climb of 2.58564092%. The trading volume in the last 24 hours reached a staggering $1,056,832,604,3.531. Its circulating supply is 120,189,344.25575 ETH, showing its widespread adoption around the world. It currently has a circulating market capitalization of $4,170,458,988,95.13, making it the second-largest cryptocurrency by market capitalization. Together, these metrics outline ETH’s undeniable power and potential in the cryptocurrency space.

The above is the detailed content of What is the Ethereum contract address?. For more information, please follow other related articles on the PHP Chinese website!