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Properties of the SMART CONTRACT Block

The SMART CONTRACT Block used in Lattice Network has the following properties:

  • The owner of the Smart Contract activates the account by sending Root Token to the Smart Contract account.

  • By executing the file in the contract, the owner signs the block with his private key.

  • The SMART CONTRACT Block is reserved for an ABI. The Lattice Network Virtual Machine compiles the SmartContract into an ABI and further provides a secured deployment for the Smart Contract.

  • The virtual machine further retrieves the ABI by loading the SMART CONTRACT Block and calling the function of the Smart Contract.

  • The consensus protocol of the Smart Contract block is completely the same as in the transaction block.

  • Extend Smart Contract Block to support the Smart Contract related data storage so that the Asset Smart Contract can be saved.

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