Regarding Contract Information

[BINAYKR]

Hi

First of all I want to know what is contract? Do have private key for contract? Are any body able to withdraw funds from any Contract holding. And which coin is holding this contract.

I am asking about because someone told me to ask this question to someone who have knowledge about this.

Below is the Contract address
https://etherscan.io/address/0x8a91c9a16cd62693649d80afa85a09dbbdcb8508

May I know the value of the contract? Currently I see there is approx $6,500,000. I want to know who can withdraw these funds or its impossible to withdraw this fund?

Thanks and waiting for your reply.

(Note : Please move to proper section this thread if I started this topic in wrong section)

[CuriousGeorge]

The contract is the result from the agreement that has already made by the users and the provider of the smartcontract platforms.

Contract doesn't have private key and for more information please you can read this discussion https://ethereum.stackexchange.com/questions/185/where-is-the-private-key-for-a-contract-stored


Anybody able to withdraw funds from the contract but that depends on the contract that created by them because it needs to be programmed to create a withdrawal function

https://ethereum.stackexchange.com/questions/29234/how-to-create-withdrawal-function-from-my-contract


If the developer was not putting the backdoor and the creator of the contract can't withdraw the fund that's why a new contract that will be be used as a hot wallet needs to be audited to make sure if there was no a backdoor to steal the funds.

https://etherscan.io/address/0x2666de46aa6879af3ac7f5e091fdd0c9a34e66e3

That's the creator of that contract.

[BINAYKR]

First of all thanks for your reply with proper information.

Did you see the value of the contract?
Which coin is in this contract address?
Is this is a contract or smart contract?
What is simple contract and smart contract?

Thanks.