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You're reading from  Solidity Programming Essentials. - Second Edition

Product typeBook
Published inJun 2022
PublisherPackt
ISBN-139781803231181
Edition2nd Edition
Concepts
Blockchain
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Ritesh Modi
Ritesh Modi
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Ritesh Modi

Ritesh Modi is a technologist with more than 18 years of experience. He holds a master's degree in science in AI/ML from LJMU. He has been recognized as a Microsoft Regional Director for his contributions to building tech communities, products, and services. He has published more than 10 tech books in the past and is a cloud architect, speaker, and leader who is popular for his contributions to data centers, Azure, Kubernetes, blockchain, cognitive services, DevOps, AI, and automation.
Read more about Ritesh Modi

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Establishing ownership of a smart contract

A smart contract can be owned and controlled by an externally owned or another contract account.

Sometimes, a smart contract needs to be owned by someone. For example, if you are deploying a smart contract to store your employee details, it should be possible for you to manage some of its operations exclusively. Moreover, you should have control over the lifetime of the smart contract. There are many other use cases, such as in the case of Initial Coin Offerings (ICOs), Decentralized Autonomous Organizations (DAOs), and other industry-related use cases.

The next example shows one of the ways to own a smart contract. It is named ownable and contains a single state variable, owner, of the address type. There is a constructor that gets executed at the time of deployment of the contract. Within the constructor, the externally owned address deploying the contract is captured using the msg.sender global property and is assigned to the state...

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Solidity Programming Essentials. - Second Edition
Published in: Jun 2022Publisher: PacktISBN-13: 9781803231181
© 2022 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Ritesh Modi

Ritesh Modi is a technologist with more than 18 years of experience. He holds a master's degree in science in AI/ML from LJMU. He has been recognized as a Microsoft Regional Director for his contributions to building tech communities, products, and services. He has published more than 10 tech books in the past and is a cloud architect, speaker, and leader who is popular for his contributions to data centers, Azure, Kubernetes, blockchain, cognitive services, DevOps, AI, and automation.
Read more about Ritesh Modi

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