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Answered Additional Questions on Ethereum FAQ #362

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Answered Additional Questions on Ethereum FAQ #362

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Answered Question 'Where do the contracts reside?'
Bschuster3434 Jul 1, 2017
16212ef
Minor change to phrasing in question 'Where do the contracts reside?'
Bschuster3434 Jul 1, 2017
fc17b4d
Add question on transactions
Bschuster3434 Jul 4, 2017
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12 changes: 11 additions & 1 deletion source/frequently-asked-questions/frequently-asked-questions.rst
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Expand Up @@ -52,6 +52,14 @@ How do I get a list of transactions into/out of an address?
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You would have to pull the transactions manually out of the blockchain to achieve this. Alternatively, you can rely on third party explorers' API's like `Etherchain <https://etherchain.org/apidoc>`_. For contract execution transactions however, you can filter the contract logs to achieve this.

How do I pay for transactions on the Ethereum Network?
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Transaction costs are paid for through the concept of 'Gas'. Gas is an abstract price structure applied to running individual operations on the Ethereum Network.

When you submit a transaction on a network, whether are transfering ETH to another account or invoking a contract, you need to provide an "Gas Limit" (the max amount of Gas you are willing to pay) and an additional amount of Ethereum to pay for the gas.
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Maybe, "additional amount of Ether to pay for a unit of gas"?


To learn more about Gas, please read `this article <https://media.consensys.net/ethereum-gas-fuel-and-fees-3333e17fe1dc>`_.

Can a contract pay for its execution?
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No this is not possible. The gas for the execution must be provided by the address submitting the execution request.
Expand Down Expand Up @@ -106,7 +114,9 @@ Ethereum is planning on implementing a proof-of-stake consensus protocol change

Where do the contracts reside?
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TODO
Contracts reside on the blockchain as executable code. These contracts are able to be called and executed by transactions on the network, as contracts get distributed to all full nodes.
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Do contracts appear in blocks?


This is similar to the process of how transactions get dispersed and added to the blockchain.

Your question is still not answered?
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