Assets, Ethereum

How Is the Address of an Ethereum Contract Computed?

When a contract is created, its address is computed as the sha3 hash of the rlp encoding of its creator’s address and nonce. The creator’s address is the last 20 bytes of the sha3 hash of their public key.

The nonce is a counter that is incremented each time a contract is created by that account.

The sha3 hash function is used in many different applications, including Ethereum. Asha3 hash of a piece of data is a 32-byte value that is designed to be unique to that data.

NOTE: WARNING: It is important to remember that Ethereum contracts are unique, and the address of an Ethereum contract is computed differently than a regular address. The address of an Ethereum contract is derived from the public key of the contract owner, which can be easily exposed if the contract is not properly secured. Therefore, it is important to take the necessary steps to ensure that your contract’s public key remains secure.

The chances of two pieces of data having the same sha3 hash are incredibly low, making it useful for verification purposes.

The address of an Ethereum contract is therefore a way to verify the identity of the contract creator. It is also a way to ensure that a contract cannot be tampered with, as any change to the contract’s code would result in a different address being computed.

The address of an Ethereum contract is therefore critical to its security and functionality. If you are ever unsure about the address of a contract, you should not interact with it.

In conclusion, the address of an Ethereum contract is computed as the sha3 hash of the rlp encoding of its creator’s address and nonce. This ensures that the contract cannot be tampered with and that its creator can be verified.

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