Creating and deploying a smart contract is an important process. Once deployed, it becomes available to the Ethereum network. This article takes you through all the steps you need to deploy a smart contract during Ethereum software development.
Before that, let’s discuss smart contracts a bit.
A Smart contract is a software program that resides on the blockchain. It is a collection of
The method of deploying a smart contract on the local network is different from the one on the Ethereum network. On a local network, an emulator eg. Ganache-cli is used. It processes and executes all the functionalities automatically. Users do not need to manually track the gas amount or worry about security as transactions are made on the local test network. On the other hand, when it comes to deploying a smart contract on the Ethereum network, users have to ensure some considerations.
Make sure that your Ethereum network has some ether in it before you deploy a smart contract because the deployment process acts as a transaction and needs some gas to execute. Usually, transactions on the Ethereum network take 15 seconds to 15 minutes. Local and Ethereum networks have one thing in common, both use Web3 to establish a connection between js application and the blockchain network. For this, a node is created that connects to the Ethereum network. Infura is a public API that can be used to create a node instead of creating it on your own.
Simply sign up on Infura and create a new project. Change the endpoint and save the URL to any location of your choice. After this, you won’t need to install a full node.
Whether you are working on a public or a private Ethereum blockchain or in the process of your Ethereum DApp development, deploying smart contracts is an important step. You need to take care of many dependencies and tools that support Ethereum environments.
Follow the steps below to deploy your smart contract.
Install all necessary tools and dependencies
We would need some basic tools to get started. Assuming that you are using any of the following operating systems.**
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Now download Node.js (version 8.9.4 or above). Run the following Truffle command to run the Ethereum client. It provides support for standard JSON RPC API.
npm i -g truffle
Create smart contract
For Ethereum smart contract development in Solidity, you can use the OpenZeppelin library that helps you ensure security and minimize risks. OpenZeppelin has a built-in implementation of ERC standards.
Similarly, you can use Remix integrated development environment (IDE) that acts as a tool to write smart contracts. It is a web-based DApp that you can access without installing any tool.
Deploy
We will look at three different approaches to deploying smart contracts.
3.1. On a personal blockchain using Ganache
3.2. On a public test network i.e. Rinkeby
3.3. On Ethereum mainnet
So let’s look at each one by one.
To deploy smart contracts on the local blockchain, we will use Ganache. It allows you to run, test, and execute smart contracts and manage blockchain operations.
This is the second approach in which smart contracts will be deployed on a public test network using the Geth and Solidity compiler on Rinkeby. Solidity is the Ethereum programming language for smart contracts.
The third approach is to deploy smart contracts on the Ethereum mainnet using the following tools.
To deploy a smart contract on the actual Ethereum network, you would need to have Ether in your account. There are two types of Ethereum accounts. First is ‘Contract account’ which is totally smart contract based and is controlled by code. The other is ‘EOA’ in which people join the network.
I hope this article was useful enough to help you deploy your smart contracts on the Ethereum blockchain.
Most of the time businesses or startups look for some Ethereum development services instead of hiring an in-house team and providing them with all the resources and equipment. If you are also looking for one, I would suggest InvoBlox. It offers top-class blockchain development services at incredibly affordable prices. Deployment of smart contracts is quite handy if you identify the dependencies and tools required for the different natures of Ethereum blockchain environments.