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Blog iconRyan Sproule
Jan 26

The Power of Predicates: A Purpose-Built Mechanism for Transaction Authorization

Intro to PredicatesThe FuelVM introduces a unique primitive blockchain construct called a predicate. A predicate is essentially a new mechanism for authorizing transactions. In Ethereum, the only way to have permission to transfer ether or call a smart contract function is to own the private key of the account that owns that ether or initiates the transaction. The other option is to lock the assets in a smart contract that has some custom authenticate logic (smart contract wallet). The limita...

Ryan Sproule

Written by
Ryan Sproule

Research Engineering at Blockchain Capital

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