Explain the Term ‘Deterministic’ in Relation to Smart Contract Execution.

Deterministic means that for a given input, the smart contract will always produce the exact same output, regardless of when or where it is executed. This is a fundamental property of blockchain environments, as it allows all nodes in the network to agree on the state of the contract.

This predictability is vital for financial contracts, as it ensures that settlement is guaranteed and not subject to interpretation or human error.

What Is the Difference between a Preimage Attack and a Collision Attack in Hashing?
How Does a Change in One Bit of Input Affect the Hash Output?
How Does a Deterministic Signature Scheme Differ from a Non-Deterministic One?
Define “Cryptographic Hash Function.”
What Is the Concept of “Deterministic” Output in Hashing?
How Is a Second-Preimage Attack Different from a First-Preimage Attack?
How Does the EVM Ensure Deterministic Execution?
How Does the Size of the Hash Output (E.g. SHA-256) Relate to the Nonce?

Glossar