Ethereum Contract Account
A blockchain account containing smart contract code, controlled by its programmed logic rather than a private key.
What is Ethereum Contract Account?
A Contract Account is an Ethereum account that contains smart contract code and is controlled by its programmed logic, not a private key.
Created when a smart contract is deployed to the blockchain, it has a unique address and can hold Ether or tokens. Contract accounts execute their code automatically when triggered by a transaction from an EOA or another contract, enabling functionalities like automated token transfers or complex dApp logic. They are fundamental to Ethereum’s programmable ecosystem.
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