logo
Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Login


Options
View
Go to last post Go to first unread
Elsamarie  
#1 Posted : Monday, April 22, 2024 11:42:46 AM(UTC)
Elsamarie

Rank: Member

Groups: Registered
Joined: 3/12/2024(UTC)
Posts: 24
United States
Location: Texas

Smart contracts are like digital agreements that run on blockchain technology. Once they're set up and running, they can't be changed. This "no-change" rule is to ensure security and trust in transactions without needing middlemen.

But what if there's a mistake or something needs updating? In those cases, developers create a new version of the smart contract with the fixes or changes needed. They then move any important info or assets from the old contract to the new one. This process can be tricky because it has to be done carefully to keep everything running smoothly.

Some blockchain platforms, like Ethereum, have found ways to make changes easier without breaking the "no-change" rule. They use things like upgradable smart contracts or proxy contracts. These methods let certain parts of the contract be updated while keeping its history intact. It's like giving a little wiggle room for updates while still keeping everything secure and unchangeable at its core.


Basically, smart contracts are supposed to stay the same once they're set up, but some new techniques make them a bit more flexible. These methods, like upgradable smart contracts and proxy contracts, give a way to adjust things without breaking the rule of no changes.

If you would like to know more whether the smart contract can be modified after deployment, please stay in touch with Clarisco, a leading crypto token development company.
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.