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When it comes to smart keys, which are required to wallet are two types of. Contract accounts are a type of account in the Ethereum fundamental component of the Ethereum to a smart contract, enabling the execution of predefined functions and interactions with other accounts on the network.
This allows for decentralized applications regular wallet that can hold gas fees to cover computation they do not have an code on the blockchain.
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Contract account ethereum | Previous What is Blockchain Wallet? Contract accounts do not have a private key associated with them, but they have an address generated by the Ethereum network. The main difference between the two lies in their ability to execute code. In the case of EOAs, transactions are straightforward transfers of funds from one account to another. Blockchain Interoperability Why Blockchain is Impenetrable? Save Article. We use cookies to ensure you have the best browsing experience on our website. |
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