Smart Contracts
Stratis Smart Contracts
Create performant, secure, and auditable smart contracts in a development environment which is comfortable and familiar for C# .NET developers.
Stratis’ Smart Contracts in C# are for companies and individuals interested in the development of a secure, immutable, (legally-binding) agreement represented transparently in code. This agreement can relate to the payment of STRAT but can also be about one or more other assets.
You can invoke a smart contract when a transaction is added to a blockchain and, according to how the smart contract is programmed, it will act on assets it is in control of including STRAT. For example, if certain criteria are met, a smart contract might redistribute the STRAT which it holds. So, smart contracts enable digitally-enforced commitments between blockchain participants, which breaks the reliance on third parties.
Web-based front-ends (DApps) can be created to sit on top of a smart contract. A DApp is decentralized because of the properties of the smart contract; a copy of the DApp’s smart contract is stored on each node in the blockchain.
The Stratis Academy offers an in-depth exploration of what a smart contract is and how smart contracts are used.
Lifecycle of Smart Contracts
- Developer writes C# source code in Visual Studio
- Contract is validated locally and .NET bytecode (DLL) output
- Bytecode is wrapped inside a transaction e.g. Transaction {Bytecode: A6F4CB467…}
- Transaction is included in new block
- When executing a new block, contract code is unpacked from transaction, validated and stored permanently on all nodes at certain address
- Now anyone can send transactions to this address and call methods on this contract e.g. Transaction {To: 1nTKH…}
Step 1
Smart contracts
Step 2
Valid
Step 3
Bytecode
Step 4
Transaction
Step 5
Unpacked
