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.

University of Michigan - Ann Arbor

Ethereum has three types of transactions: **regular transactions**, which transfer Ether between accounts; **contract deployment transactions**, which create a new smart contract; and **contract execution transactions**, which invoke a function on an existing smart contract.

Types of Ethereum Transactions

Regular Ethereum Transactions

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.

Ethereum Contract Execution Transaction

An Ethereum contract deployment transaction creates a new **smart contract** on the Ethereum network. It requires the sender to provide the contract's bytecode and any necessary initialization parameters in the **data field**. This deploys the smart contract and makes it available for interaction with other participants.

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