Account

General

A wallet or contract that owns assets and sends transactions.

An account is a record on a chain that can hold assets and interact with apps. There are two main types. An externally owned account uses a private key and can start transactions. A contract account runs code when called and cannot start a transaction by itself. Both show balances, both can receive tokens, and both can be part of an app flow.

Frequently asked questions

  • What is the difference between an EOA and a contract account?
    An EOA uses a private key to sign transactions. A contract account runs code when called and cannot start a transaction by itself.
  • Can one person have many accounts?
    Yes. You can create fresh accounts for privacy, budgeting, or testing. Just make sure you can recover them and track balances.
  • How do I keep an account safe?
    Use a hardware wallet for large funds, set strong device security, and keep backups offline. For teams, use multisig or contract wallets with clear policies.