Smart Contract

Smart contracts are protocols that digitally verify contract or negotiation terms. They define the rules and penalties related to contracts and automatically enforce their obligations. Smart contract code makes it easy to negotiate, verify, and enforce contracts or transactions.

Smart contract works

Tron's smart contracts are written in the Solidity language. Once written and tested, they can be compiled into bytecode and deployed to the Tron network for TVM execution. Smart contracts can be queried through their deployed contract addresses. The Contract Application Binary Interface (ABI) demonstrates the functions of deployed contracts and is used to interact with the network.

Smart contracts serve as applications running on the Tron network. They consist of code (functions) and data (state) located at specific account addresses within the Tron network. Smart contracts are a type of Tron account, but they are not controlled by users; rather, they are deployed and executed as programmed on the network. User accounts can interact with smart contracts by submitting transactions to execute the functions defined within them, but these transactions cannot be reversed.