It is not a theory. Check any wallet address on etherscan. check any coin/alt coin, for every coin there is a contract, then for every transaction regarding that coin there is a contract, that is how blockchain hyper ledgers work, it is FinTech.

Mar 29, 2021, 4:19 AM

This is more like DeFin Tech since we are working in Decentralized Finance.

Mar 29, 2021, 4:20 AM

This is wrong.

Mar 29, 2021, 4:21 AM

I think you guys need to read more.

Mar 29, 2021, 4:21 AM

You deploy a contract, let’s say ERC20. It’s a new address with that byte code. Then you transfer some, there is no new bytecode and no new address.

I think you do. And I’m not opening your PDFs.

Mar 29, 2021, 4:23 AM

ok so if I was to send you crypto from a token wallet then you sayin it can be sent without a contract? You are wrong. Every transaction on the blockchain has a contract.

Mar 29, 2021, 4:24 AM

I can send you ETH, there is no contract

Every other transaction uses a contract, but no new contract per transaction, that’s nonsense.

You either send value to another address, or to a contract address. If it’s a contract you usually include data, which the contract processes and does something... often that something is transferring a token balance to another address.

Mar 29, 2021, 4:27 AM

not all transactions execute contracts. sending ether, for example, does not need a contract to execute.

Mar 29, 2021, 4:41 AM

You have mixed up transactions and tokens

There is NO creation of new contract for each and every transaction

Lol imagine the size of blockchain if there was

Mar 29, 2021, 5:01 AM

Doesn't your wallet such as MetaMask have a smart contract?

@hirama, have you considered a possibility of creating another chat for discussing non-technical questions, such as "what do you think about the future of blockchain?" Sharing useful materials and so forth?

Mar 29, 2021, 8:53 AM