Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: debtstack on December 10, 2016, 04:42:38 AM



Title: Ethereum Contracts
Post by: debtstack on December 10, 2016, 04:42:38 AM
Ok, so if anyone here has tried making contracts before I have a question. The amount of ether deposited into a contract, is that to generate the contracts or do you have to pay every time the contract is used? I'm trying to figure out how much would be necessary for a contract that is used by multiple users a day. If it is a crazy amount I think I might have to trade my ether for lisk since I can easily get 100 lisk or more. I'm starting to dislike this decentralized network "fuel" since it puts all the innovation and cost on the programmers. We create the apps people want and majority of the profits go to ethereum.


Title: Re: Ethereum Contracts
Post by: Minecache on December 10, 2016, 06:36:00 PM
Ok, so if anyone here has tried making contracts before I have a question. The amount of ether deposited into a contract, is that to generate the contracts or do you have to pay every time the contract is used? I'm trying to figure out how much would be necessary for a contract that is used by multiple users a day. If it is a crazy amount I think I might have to trade my ether for lisk since I can easily get 100 lisk or more. I'm starting to dislike this decentralized network "fuel" since it puts all the innovation and cost on the programmers. We create the apps people want and majority of the profits go to ethereum.
I still don't understand this is such a confusion beyond Spoetniktard and his sockies trolling. The cost is simply a transaction cost. Nothing more nothing less.


Title: Re: Ethereum Contracts
Post by: digaran on December 10, 2016, 09:05:55 PM
Since there are several coins(tokens) on ETH block chain, it is not logical to accept those tokens for every contract use but rather use the fuel(gas) very small amount for every transaction.
And the contract never pays anything but the addresses moving tokens do.


Title: Re: Ethereum Contracts
Post by: debtstack on December 11, 2016, 03:46:38 AM
Since there are several coins(tokens) on ETH block chain, it is not logical to accept those tokens for every contract use but rather use the fuel(gas) very small amount for every transaction.
And the contract never pays anything but the addresses moving tokens do.

Ah, thank you. That is the clearest answer I've gotten so far. I thought it was more like the contract creator had to put enough ether into the contract to keep it alive over its lifespan.

Now that I know it's not that I can start using my eth for some good. Thanks again.