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

Product typeBook
Published inJun 2022
PublisherPackt
ISBN-139781803231181
Edition2nd Edition
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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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Ownership in smart contracts

Ownership is an important concept in smart contracts. Smart contracts are custodians of digital assets. These assets are of value and can be traded on exchanges as well. Smart contracts are capable of transferring these assets between addresses. It is also possible to have certain logic within smart contracts where only privileged users should be able to execute it. These functions are not meant for all other users of smart contracts. Again, instead of one, there could be multiple owners of a contract, also known as multisignature (MultiSig) contracts. Approvals or signatures of all the owners within a MultiSig contract are required to execute the privileged function. Now, we will explore ownership-related patterns within Solidity.

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Solidity Programming Essentials. - Second Edition
Published in: Jun 2022Publisher: PacktISBN-13: 9781803231181

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