Tech

Deploying A Smart Contract: Is It Possible?

You need to deploy a smart contract for the Ethereum network users. Deploying the smart contract is only sending a transaction that contains compiled code of a smart contract with no specifying recipient.

The pre-requisites

You must understand these three factors before deploying smart contracts:

  • Ethereum networks
  • Transaction
  • Anatomy of smart contracts

Deploying a contract may cost ETH, be familiar with fees and gas on Ethereum. You should compile the contract before deploying. Make sure that you have read the compiling smart contracts.

How to deploy smart contracts?

  • Contract’s bytecode
  • Plugin or deployment script
  • ETH for gas
  • Access to the Ethereum node

Steps to deploy a contract

Specific steps that are involved depend on the tools you use. For instance, the hardhat documentation to deploy contracts or the truffle documentation on app and networks deployment. These are two of the most famous tools for smart contract deployment involving writing a script to manage the deployment steps. After deployment, the contract has an Ethereum address.

Deploying the first smart contract

If you are excited to deploy and interact with the first smart, you can do a local deployment on the local test network, so that it doesn’t cost anything to deploy and play more than you would like it.

  • Writing the contract. Create a new file seen on the interface, click the add a new file and enter the name of the file you want. Use the code fo paste into the new file.
  • Deploying the contract. After writing the first smart contract, deploy it to the blockchain to play with it. To deploy the smart contract on the blockchain, it is sending the transaction containing the code of the compiled smart contract with no specifying recipients. Compile the contract by pressing the compile icon and clicking the compile button.

Select the auto compile option for the contract to be compiled when saving the content on the text editor. Navigate deploying and running transaction screen.

After you are on “deploy and run” transactions, recheck the contract name that appears and click the Deploy button. On the top page, the recent environment is the “JavaScript VM”, meaning it will deploy and interact with the smart contract on the local test blockchain to test faster and with no charges. After clicking the “Deploy” button, the contract appears at the bottom. You can click the arrow on the left for the expansion to see the contract content.

Now, if you are planning to deploy a smart contract, you can read this content to help you do the process easier and faster.