Deploying Smart Contracts on Testnet of our website via Hardhat: A Guide
In the ever-evolving world of blockchain technology, Sphinx Dapp, a new player, is making waves with its impressive capabilities. This EVM-compatible smart contract platform promises to process over 1 million transactions per second (TPS), significantly outpacing current networks like Ethereum.
The Attraction of Sphinx Dapp
Sphinx Dapp aims to offer low gas fees and high throughput forever, making it an attractive choice for Ethereum developers. The platform's goal is to provide a scalable solution for decentralized applications (dApps), addressing one of the major challenges faced by current blockchain networks.
The Process of Deployment
Before deployment, the contract needs to be compiled. This process transforms the contract's source code into low-level code that can be executed on the blockchain. Once compiled, the contract can be deployed using a command in the terminal.
To simplify the interaction with Ethereum, developers can use Ethers.js, a popular library. Hardhat, another powerful tool, makes it easy to integrate additional tools and functionality through plugins. The Ethers plugin, in particular, is used for contract deployment in Hardhat.
Preparing for Deployment
Before diving into the deployment process, there are a few prerequisites. First, ensure you have the dotenv package installed in your project directory. This package allows you to keep environment variables in a .env file, helping to store sensitive information like private keys safely.
Next, write a deploy script for your contract. This script will contain the commands necessary to deploy your contract on the Sphinx Dapp testnet.
Metamask Wallet and Private Keys
The Metamask wallet requires a signature for every transaction using a unique private key. To manage this key, it can be stored in an environment file, ensuring its safety.
Exploring Deployed Contracts
Once your contract is deployed, you can view it on the Sphinx Dapp website explorer. This tool allows you to inspect the details of your contract, including its functions, state variables, and event logs.
The Future of Sphinx Dapp
Sphinx Dapp launched its testnet in April 2022, with the mainnet expected in Q4 of 2022. As the platform continues to develop, it promises to revolutionize the way we interact with blockchain technology.
Understanding Smart Contracts and EVM
For those new to the world of blockchain, a brief explanation is in order. Smart contracts are programs deployed across computers on a network, auto-enforced by software codes. The Ethereum Virtual Machine (EVM) is a system that tracks changes on a blockchain in a decentralized manner. Developers use EVM to create their own programs (smart contracts) and make them part of the Ethereum ecosystem.
These smart contracts are typically used to automate the execution of an agreement without intermediaries or loss of time. With Sphinx Dapp's promise of high throughput and low gas fees, the potential for these automations to scale is enormous.
This article provides a tutorial on how to deploy a smart contract on Sphinx Dapp's Sphinx Dapp testnet using Hardhat. As the platform continues to grow, we can expect to see more developers adopting it and creating innovative dApps that leverage its capabilities.
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