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Can the web3 coin contract address be changed or updated after it has been created?

avatarA LeeDec 27, 2021 · 3 years ago3 answers

Is it possible to modify or update the contract address of a web3 coin after it has been deployed on the blockchain? Can the contract address be changed or is it fixed once created? What are the implications of changing the contract address?

Can the web3 coin contract address be changed or updated after it has been created?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    No, the contract address of a web3 coin cannot be changed or updated after it has been created. The contract address is generated based on the code and parameters used during the contract deployment process. Once the contract is deployed and the address is generated, it is immutable and cannot be modified. Changing the contract address would require redeploying the entire contract with a new address, which is not possible.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, the contract address of a web3 coin cannot be changed once it has been created. This is because the contract address is derived from the contract's bytecode and the address of the account that deployed it. Once the contract is deployed, the address is fixed and cannot be modified. It's important to carefully consider the contract address before deployment, as it will be permanent.
  • avatarDec 27, 2021 · 3 years ago
    As an expert from BYDFi, I can confirm that the contract address of a web3 coin cannot be changed or updated once it has been created. This is a fundamental characteristic of blockchain technology, where immutability is a key feature. Once the contract is deployed, the address is fixed and cannot be altered. It's essential to double-check the contract address before deployment to avoid any issues in the future.