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Technology

Contract ownership

Control over privileged smart contract functions.

Glossary readUpdated July 12, 2026

What it means

Ownership determines who can call certain restricted functions, such as changing parameters, pausing transfers, or upgrading logic.

Why it matters

Ownership can be necessary early, but it means the system is not fully hands-off. Admin control is financial control.

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Code deployed on a blockchain that can hold assets or execute rules.

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A key or account with privileged protocol permissions.

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