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Memo 0xe98c5cf5…2eaff8 on Ethereum

Newbie On Chain: A transaction is a message that is sent from one account to another account. It can include binary data and Ether. If the target account contains code, that code is executed and the payload is provided as input data. If not, the transaction creates a new contract. The output of this execution is permanently stored as the code of the contract. This means that in order to create a contract, you do not send the actual code of the contract, but in fact code that returns that code when executed.