Contract Account
Smart Contracts
2 references
An Ethereum account that contains code executed by the EVM. Contract accounts cannot sign transactions directly; they execute when called by a transaction or another contract.
Appears in 2 whitepaper sections
$ETH
Ethereum
Ethereum State Transition Function
...externally owned account, this completes the transaction. If the recipient is a contract account, the contract's code runs in the Ethereum Virtual Machine, consuming gas for ea...
Code Execution
...ons. Storage is the persistent key-value store permanently associated with each contract account, where contracts maintain their long-term state across transactions. These stor...