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Ethereum and Smart Contracts

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The Ethereum network

Ethereum is an open network that runs programs. Smart contracts automate rules in code, so a coding mistake can directly affect assets.

Accounts and transactions

Externally owned accounts sign transactions, while contract accounts follow deployed code. Addresses are public, but linking one to a person requires other information.

Gas fees

Gas reflects demand for computation and block space. Wallet estimates are only estimates, so verify network, address, and amount before signing.

Contract risks

Contracts cannot automatically correct errors, and audits do not guarantee safety. Approvals, phishing sites, and counterfeit tokens are recurring risks.

参考来源

Sources are checked by the editorial team at publication.