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What is a smart contract, and how does it function?
- Hint: Discuss self-executing contracts on blockchain and their automation capabilities.
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Can you describe the Ethereum Virtual Machine (EVM) and its role?
- Hint: Explain its function in executing smart contracts on the Ethereum network.
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What are some common use cases for smart contracts?
- Hint: Mention applications in finance, supply chain, gaming, etc., where trustless automation is beneficial.
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What is the difference between ERC-20 and ERC-721 tokens?
- Hint: Highlight fungibility vs. non-fungibility and their respective applications.
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How do you deploy a smart contract on the Ethereum network?
- Hint: Discuss steps like writing, compiling with Solidity, and deploying using tools like Remix or Truffle.
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What are some best practices for writing secure smart contracts?
- Hint: Include practices like input validation, avoiding reentrancy vulnerabilities, and thorough testing.
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What tools and environments do you use for smart contract development?
- Hint: Mention IDEs like Remix, development frameworks like Truffle, and test networks like Rinkeby.
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Explain the concept of gas and how to optimize it.
- Hint: Discuss gas as a transaction fee in Ethereum and optimizing contracts to reduce costs.
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What is the purpose of the
fallback
function in Solidity?- Hint: Explain its role in handling Ether transactions that don’t match any other function signatures.
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How do you handle updates and migrations for smart contracts?
- Hint: Discuss upgradeable contracts using patterns like proxy contracts or state migration.