Terenval Crypto Glossary · Русская версия
Contract account
Definition: A contract account is an Ethereum account controlled by smart-contract code rather than directly by a private key.
Contract accounts execute code when called and can maintain persistent state.
How this concept appears in Terenval Wallet
When Terenval signs a transaction to a contract account, the wallet authorizes the call but the contract code determines execution.
Important: A contract address may execute complex logic, so do not treat every 0x destination as a simple payment address.
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A non-custodial mobile wallet for Ethereum and supported EVM/L2 networks.
Install Terenval WalletA non-custodial mobile wallet for Ethereum and supported EVM/L2 networks.
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Sources and review
Published by Terenval; product claims are first-party information.