What Is a Smart Contract?
A smart contract is a self-executing program that encodes agreement terms on a blockchain. It facilitates transactions by receiving, storing, and transferring value autonomously. Smart contracts underpin blockchain application development and influence three core transaction phases:
- Transaction Construction: Requires contract deployment (via binary encoding) and function calls (using ABI interfaces).
- Transaction Execution: Relies on binary instruction sets extracted from deployed contracts.
- Consensus & Validation: Executed across all blockchain nodes for immutability.
Smart Contract Types on FISCO BCOS
1. Solidity Contracts
- Pros: Mature ecosystem, robust functionality.
- Cons: Steep learning curve, EVM performance bottlenecks, coupled data/logic.
2. Precompiled Contracts (CRUD-Based)
- Pros: Database-like operations, high throughput (~5x faster than Solidity), decoupled storage.
- Cons: Platform-specific, best for simple logic (e.g., notary services).
16 Expert Techniques
Security
- Encrypt Sensitive Data: Use hashing/ZKP for privacy (e.g., store contract hashes, not raw terms).
- Limit Visibility: Prefer
internaloverpublicfunctions for inherited modifiers. - Boundary Checks: Add
require()for arithmetic (e.g., preventuint8overflow). - Use Security Tools: Slither/Securify for vulnerability scans.
Performance
- Offload Heavy Calculations: Move complex math off-chain.
- Minimize On-Chain Data: Store only critical business fields.
- Reduce Cross-Contract Calls: Use structs to consolidate data.
- Leverage Inheritance: Compile-time code inclusion avoids runtime calls.
- Optimize Storage: Use
mappingfor O(1) lookups (trade storage for speed). - Variable Packing: Group sub-32-byte variables into single slots.
- Use
view/pure: Mark read-only functions to skip consensus.
Extensibility
- Three-Tier Architecture: Separate data (Score.sol) from logic (Manager.sol).
- Abstract Reusable Logic: Centralize modifiers in a base contract.
- Modular Design: Single-responsibility contracts (e.g., split
Rolesby entity). - Use Audited Libraries: OpenZeppelin for battle-tested code.
- Reserve Fields: Add
spacervariables for future upgrades.
FAQs
Q: How to reuse data during contract upgrades?
A: Adopt a three-layer pattern—update only logic contracts while retaining data contracts.
Q: Can smart contracts handle percentages safely?
A: Multiply by 1000 pre-chain (e.g., 25.5% → 25500), then divide post-chain.
Q: Are fuzzy queries possible on-chain?
A: No. Export data to off-chain systems for analytics.
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