Is a transaction designed to run a function or method within a smart contract on the Ethereum network. Smart contracts can execute themselves automatically, based on the terms of the agreement written in the code agreed by the user.

University of Michigan - Ann Arbor

Under Ethereum there are three types of transactions.
- Regular transactions.
- Contract deployment transaction.
- Contract executions transaction

Types of Ethereum transaction

Refers to the transfer of Ether, from one Ethereum address to another. Such transactions are initiated by users who intend to send Ether to other users or addresses within the Ethereum network.

Regular Ethereum Transactions

Refers to a transaction in which a new **smart contract** is created on the Ethereum network that requires the sender to provide the bytecode for the contract using the **data field** , as well as any necessary initialization parameters. This process allows the smart contract to be deployed on the network and made available for interaction with other participants.

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