Does the contract hosting account owns ether that is being sent to contract too

0 votes

In ethereum, does the contract hosting account (the account where the contract is deployed to) owns the ether that's being sent to the contract? If not then what if contract gets deleted, does the ether gets sent back or just disappear.

May 22, 2018 in Blockchain by Shashank
• 10,400 points
447 views

1 answer to this question.

0 votes

I dont think so. I've done a couple of experiments and I found that the ether stored in contract doesn't belong to the contract hosting account. Coming to your next question, if contract geyts deleted then the eter gets transfered to to the address given in target in case the selfdestruct is called.

answered May 22, 2018 by Johnathon
• 9,090 points

Related Questions In Blockchain

0 votes
1 answer

How is a request sent from an app to a smart contract?

Yes, the contract is distributed by every node ...READ MORE

answered Jun 4, 2018 in Blockchain by Perry
• 17,100 points
565 views
0 votes
1 answer

How to prevent the smart contract from being modified and deployed in the blockchain network?

To expand on Matthew's answer, each state ...READ MORE

answered Jul 6, 2018 in Blockchain by aryya
• 7,450 points
646 views
0 votes
1 answer

Is it possible to claim Bitcoin Cash from an exchange that does not support it?

You can't claim BCH without knowing private ...READ MORE

answered Jul 17, 2018 in Blockchain by aryya
• 7,450 points
542 views
0 votes
1 answer

Truffle tests not running after truffle init

This was a bug. They've fixed it. ...READ MORE

answered Sep 11, 2018 in Blockchain by Christine
• 15,790 points
1,706 views
0 votes
1 answer

Hyperledger Sawtooth vs Quorum in concurrency and speed Ask

Summary: Both should provide similar reliability of ...READ MORE

answered Sep 26, 2018 in IoT (Internet of Things) by Upasana
• 8,620 points
1,237 views
+3 votes
2 answers

How to run ethereumjs using Node.JS

You need to install testrpc globally on ...READ MORE

answered Mar 27, 2018 in Blockchain by ned_crew
• 1,610 points
970 views
+1 vote
1 answer

How does a miner get to know that a transaction is verified by all the nodes?

Contrary to the popular belief, it is ...READ MORE

answered Mar 27, 2018 in Blockchain by Johnathon
• 9,090 points
2,514 views
+1 vote
1 answer
webinar REGISTER FOR FREE WEBINAR X
REGISTER NOW
webinar_success Thank you for registering Join Edureka Meetup community for 100+ Free Webinars each month JOIN MEETUP GROUP