How to Deploy a Smart Contract in 5 Minutes (2024)

How to Deploy a Smart Contract in 5 Minutes (3)

There are many ways to deploy a smart contract. In this article, I will share the way to deploy a smart contract using hardhat. There is no pre-requisite required.

5 steps to deploy a smart contract

  1. Set up the environment
  2. Initiate a hardhat project
  3. Configuration
  4. Code for Deployment
  5. Deploy

Step1. Set up the environment

Step1, run the code in your terminal.

We start by creating a project folder, and use npm init -y to generate an npm project. -y means say yes to every prompt.

Then we install the hardhat library. Hardhat is an Ethereum development environment. It helps to test, compile, deploy and debug smart contracts.

Remember to install all dependencies based on your project. For example, in the case of an NFT smart contract, you might want to add npm install @openzeppelin/contracts .

Step2. Initiate a hardhat project

Stay in the project folder, and use the command npx hardhat to create a basic sample hardhat project. Choose the default option for every prompt question. Your terminal will look like this:

How to Deploy a Smart Contract in 5 Minutes (4)

Now in your project folder, there are many folders with a sample smart contract under contract folder. Let’s delete the following files:test/sample-test.js, script/sample-script.js, contracts/Greeter.sol.

And then save your smart contract under the\contracts folder.

Step3. Configure network and private key

Let’s use Mumbai, Polygon’s Testnet as for demonstration. Open hardhat.config.js and replace the existing code with the following code.

Make sure you choose the correct solidity version, add your private key and Mumbai RPC. You can find a list of RPC in the official document. Since this file contains your private key, you might want to keep it on your local machine.

You can configure other networks in the networks section, and in step5 you can choose which network to use.

Unfamiliar with RPC? I was also confused. This article helped me out. In short, an RPC is like an API address in Web2.0.

Step4. Code for Deployment

Now we set up the environment and configuration file, let’s work on the code that will help deploy the smart contract.

Create a file deploy.js under \scripts folder, and copy the following content:

The code is self-explanatory. Essentially we just use hre.ethers to get our contract and deploy it. Here are some tips:

  • In line 2, your-contract-name should not contain ‘.sol’. If your contract filename is myContract.sol, just use myContract here.
  • In line 3, provide all parameters required by the constructor of your smart contract.
  • From lines 7 to 11, you can try to interact with your smart contract by invoking its functions.

Step5. Deploy

The last step is the easiest, just use the command: npx hardhat run scripts/deploy.js --network mumbai

The expected terminal output will look like this:

How to Deploy a Smart Contract in 5 Minutes (5)

Remember your smart contract address, you will use it when building the front end.

Parting Words

There you have it! I hope this tutorial helped you deploy your smart contract. Please feel free to leave a comment if you have any questions or suggestions. If you want me to write other topics about blockchain development, please also let me know!

Want to Connect?Please feel free to reach out (my LinkedIn) if you have any questions, feedback, or even just a random chat.
How to Deploy a Smart Contract in 5 Minutes (2024)

FAQs

How to Deploy a Smart Contract in 5 Minutes? ›

Deploying smart contracts onchain requires a wallet and ETH. The ETH pays for the work required by the Ethereum network to add the contract to the blockchain and store the variables. The wallet holds the ETH that you need to pay for the transaction.

How to deploy a smart contract? ›

Deploying smart contracts onchain requires a wallet and ETH. The ETH pays for the work required by the Ethereum network to add the contract to the blockchain and store the variables. The wallet holds the ETH that you need to pay for the transaction.

What are the four steps in executing a smart contract? ›

2 concisely depicts the lifecycle of a smart contract in four fundamental steps which are (1) agreement amongst the parties, (2) establishment of smart contract, (3) verification that the criteria are fulfilled and (4) execution of value transfer (e.g. money and energy ...

How do I create a simple smart contract? ›

How to create a smart contract
  1. The concept. The first step is defining what you want your contract to do. ...
  2. The coding. Next is the process of actually coding your smart contract using a programming language. ...
  3. The testing. ...
  4. Compiling. ...
  5. Deploying. ...
  6. Follow through. ...
  7. Costs in dollars and cents.

How much gas does it take to deploy a smart contract? ›

Creation of your smart contract

The base cost for the creation of a smart contract, according to Ethereum's yellow paper, is about 32000 gas.

How do you deploy a smart contract from front end? ›

Implementation
  1. Step 1: Initialize Next App. ...
  2. Step 2: Install Dependencies. ...
  3. Step 3: Initialize the Hardhat Environment. ...
  4. Step 4: Writing Smart Contract. ...
  5. Step 5: Writing Deployment Script for the Contract. ...
  6. Step 6: Deploying the contract. ...
  7. Step 7: Create Context Folder. ...
  8. Step 8: Create Frontend for our Smart Contract.
May 30, 2024

How do you trigger a smart contract? ›

Triggering Mechanisms: They are triggered by events. These events can be external (like a payment received) or internal (like a specific date and time). Once an event aligns with the predefined conditions, the contract automatically executes the associated actions.

What are the 4 major parts of a smart contract? ›

Generally speaking, smart contracts have state variables (data), functions (what can be done), events (messages in and out), and modifiers (special rules for specific users).

What are the top 10 smart contracts? ›

The top 10 best smart contract platforms in 2024 are Ethereum, Binance Smart Chain (BSC), TRON, Arbitrum, Cardano, Solana, Polygon, Algorand, Avalanche, and Tezos.

What algorithm is used in smart contracts? ›

That transaction must then be included in a block that is added to the blockchain, at which point the smart contract's code will execute to establish the initial state of the smart contract. Byzantine fault-tolerant algorithms secure the smart contract in a decentralized way from attempts to tamper with it.

What is a good example of a smart contract? ›

Before you learn about the best smart contracts examples, you must understand the significance of smart contracts in the web3 landscape. In simple words, smart contracts are self-executing programs that rely on an 'if-then' logic. One of the best examples of smart contracts in the real world is a vending machine.

What is a smart contract in layman's terms? ›

A smart contract is an agreement between two people or entities in the form of computer code programmed to execute automatically. The idea was proposed in the 1990s by Nick Szabo, a pioneer of modern computer science, who defined them as a set of virtual promises with associated protocols to enforce them.

What are the basics of smart contracts? ›

Smart contracts are typically used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without any intermediary's involvement or time loss. They can also automate a workflow, triggering the next action when predetermined conditions are met.

Can a smart contract fail? ›

Vulnerabilities in smart contracts are serious enough for several reasons: Most of the smart contracts deal with financial assets. Errors in smart contracts, once published, cannot be corrected due to the immutable nature of the blockchain.

What happens when a smart contract is deployed? ›

Yes, when you deploy a smart contract, you are instantiating it. This means that you are creating a new instance of the contract on the Ethereum network, with its own unique address. Each time you want to create a new instance of the same smart contract, you will need to deploy a new contract to the network.

Can a smart contract pay the gas fee? ›

On the blockchain, the paymaster smart contract verifies the digital signature and covers the gas fees on behalf of the user. With the onchain transaction fee covered by the paymaster, the transaction successfully goes through, and payment goes to the merchant's wallet in step 5.

How do I deploy a smart contract on Etherscan? ›

  1. Part 3: Publish your Smart Contract to Etherscan.
  2. Step 1: Generate an API Key on your Etherscan account.
  3. Step 2: Hardhat-deployed Smart Contracts. Step 2.1 Install the hardhat-etherscan plugin. Step 2.2 Verify your smart contract on Etherscan!
  4. Step 3: Check out your smart contract on Etherscan!

How do I deploy a smart contract on test network? ›

How to Deploy a Smart Contract to the Sepolia Testnet
  1. Connecting to the Ethereum Network. ...
  2. Create Your App and Obtain an API Key. ...
  3. Setting Up Your Ethereum Account. ...
  4. Adding Ether from a Sepolia Faucet. ...
  5. Initiating Our Project. ...
  6. Downloading and Setting Up Hardhat. ...
  7. Creating a Hardhat Project. ...
  8. Creating Project Folders.

How do I create and deploy an NFT smart contract? ›

Let's start by creating the smart contract.
  1. Develop the ERC721 Smart Contract With the OpenZeppelin Contract Wizard.
  2. Select the NFT (ERC721) Token Features.
  3. Modify and Deploy your ERC721 contract with REMIX IDE.
  4. Create a Free Alchemy Account.
  5. Add Alchemy Sepolia to Your Metamask Wallet.
  6. Get Free Sepolia Test ETH.

How do you deploy a smart contract in VS code? ›

Deploy a smart contract to Truffle

Once you have your compiled contract and a local Ganache instance running, deploy your contract by doing one of the following: In the command palette, select Truffle: Deploy Contracts. Select your contract Solidity ( . sol ) file, right-click and select Deploy Contracts.

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