Solana Smart Contract Development and Deployment Guide

Author

Reads 871

Smartphone displaying blockchain application resting on a laptop, symbolizing modern technology and finance.
Credit: pexels.com, Smartphone displaying blockchain application resting on a laptop, symbolizing modern technology and finance.

Developing a Solana smart contract requires a good understanding of Rust programming language, as it is the primary language used for building Solana programs. Solana's programming model is based on a modular architecture, which allows for a high degree of flexibility and scalability.

The Solana blockchain uses a proof-of-stake consensus algorithm, which is more energy-efficient than proof-of-work algorithms used by other blockchains. This is because validators on the Solana network stake their own tokens to participate in the validation process.

To deploy a Solana smart contract, you'll need to create a new program account on the Solana blockchain using the Solana CLI. The program account is where your contract's code will be stored and executed.

The Solana runtime environment provides a set of built-in libraries and tools that make it easy to build and deploy smart contracts. These libraries include the Solana SDK, which provides a set of APIs for interacting with the Solana blockchain.

Architecture and Deployment

Person Holding Node Text
Credit: pexels.com, Person Holding Node Text

Solana is a high-performance blockchain capable of thousands of transactions per second and sub-second block times, thanks to its Byzantine Fault Tolerant (BFT) consensus mechanism and Proof of History cryptographic function.

Solana's smart contract model is different from traditional EVM-based blockchains, where contract code and state are combined into a single contract. Instead, Solana separates state and contract logic, making it a read-only or stateless program that contains just program logic.

To deploy a smart contract on Solana, you'll need to create a new keypair for your account, which is required to interact with deployed programs. This is an insecure method for storing keys and should only be used for demo purposes.

To deploy a smart contract, you'll also need to obtain some SOL tokens, which can be done using the airdrop program. You'll need some lamports (fractions of SOL tokens) to deploy your smart contract.

Solana offers a CLI and JSON RPC API that can be used by decentralized applications to interact with the Solana blockchain, and existing SDKs allow clients to talk to the blockchain and Solana programs.

Architecture

Credit: youtube.com, Lesson 12 | Deployment Architecture

Solana's Architecture is designed for high-performance, capable of thousands of transactions per second and sub-second block times.

The Byzantine Fault Tolerant (BFT) consensus mechanism is the backbone of Solana's architecture, making it a reliable and efficient system.

Solana's smart contract model differs from traditional EVM-based blockchains, where contract code/logic and state are combined into a single contract.

In Solana, smart contracts are read-only or stateless and contain only program logic, allowing for a logical separation of state and contract logic.

This separation enables efficient and scalable on-chain activities, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming.

Solana accounts store data, including wallet information, whereas Ethereum accounts serve as references to users' wallets.

To interact with Solana's blockchain, decentralized applications can use the CLI and JSON RPC API, or one of the existing SDKs.

These tools enable clients to talk to the blockchain and Solana programs, making it easier to develop and deploy decentralized applications.

Deploying

Deploying a Solana program is a straightforward process. You start by cloning the repository.

Blockchain Sign by Bitcoins
Credit: pexels.com, Blockchain Sign by Bitcoins

To deploy, you'll need to switch your current environment to devnet, the test network for Solana developers. This is where you can write and test smart contracts without affecting the main network.

You'll also need to create a new keypair for your account. This keypair is required to interact with deployed programs on the Solana devnet, but be aware that this method is insecure for storing keys and should only be used for demo purposes.

To obtain the necessary SOL tokens, you can use the airdrop program to request SOL tokens into your newly generated account.

Here's a summary of the steps to deploy a Solana program:

  • Clone the repository
  • Switch to devnet
  • Create a new keypair
  • Use the airdrop program to obtain SOL tokens
  • Deploy the program to devnet

The end result is that you have successfully deployed the program to devnet with an assigned program ID, which can then be checked on the Solana Devnet explorer.

Structure

Solana programs are built with a unique structure that allows for seamless interaction with multiple accounts. This structure consists of two primary types of accounts: Program Account and Data Account.

Blockchain Sign by Smartphone
Credit: pexels.com, Blockchain Sign by Smartphone

The Program Account is the executable code of the program, often referred to as the Executable Account. It's the core of the program's functionality.

The Data Account, also known as the Non-Executable Storage account, holds all the data necessary for the program's operation. This account is owned by the Program Account.

Here's a breakdown of the two types of accounts:

This design allows Solana programs to access required data from the Data Account through references passed as instructions, eliminating the need for additional deployments.

Setting Up Development

To set up a Solana development workspace, you'll want to install the Ubuntu version of WSL (Windows Subsystem for Linux) to write code in Windows before compiling the Rust smart contract into a .so file.

Running smart contract code from within Windows can be a challenge, so using WSL is a good solution. This will allow you to write and compile your code in a more familiar environment.

For those on Mac OS, installing the Solana test suite is as simple as running a command in your terminal.

Introducing the HelloWorld

A Line of Cryptocurrency Coins Lying on Yellow and White Background
Credit: pexels.com, A Line of Cryptocurrency Coins Lying on Yellow and White Background

The HelloWorld program is a smart contract that displays output on the console. It calculates the precise number of times the HelloWorld program has been invoked for the specified account and stores this information on the blockchain.

The program's primary logic resides in the ProgramResult, which displays a message and selects the required account from the 'accounts.' We just utilize one account in our example.

To interact with the deployed program, the hello-world repository contains a simple client written in Typescript using the Solana web3.js SDK and the Solana RPC API.

Set Up Development Workspace

To set up your development workspace, first install the Solana test suite. On Mac OS, this is as simple as running the command. You'll also need to install the Solana tool suite, which can be done by running a specific command, depending on your operating system.

For Windows users, it's recommended to install the Ubuntu version of WSL (Windows Subsystem for Linux) to write code and compile Rust smart contracts into a .so file. This will make it easier to develop and deploy your smart contracts.

Credit: youtube.com, Python Development Workspace Setup

To get started, you'll need to clone the repository and switch to the devnet environment. This is a test network for Solana developers to write and test smart contracts. You'll also need to create a new keypair to interact with deployed programs on the devnet.

Here are the steps to create a new keypair and deploy your first "hello world" Solana program:

  • Create a new keypair using the Solana CLI
  • Set your current environment to devnet
  • Use the airdrop program to get some SOL tokens
  • Deploy your smart contract using the Solana CLI

Note: This is an insecure method for storing keys and should only be used for demo purposes. You will be prompted to enter a passphrase for security reasons.

Understanding Smart Contract Execution

Solana's smart contract execution is managed by its runtime environment, known as Sealevel. This environment enables high throughput and parallel processing of transactions, making Solana well-suited for applications requiring rapid execution.

All user-deployed programs on Solana are owned by the BPF Loader, which facilitates the transfer of ownership to the programs. This ownership structure is a key aspect of Solana's architecture.

The separation of code and data in Solana's programs enhances efficiency and scalability, setting it apart from traditional smart contracts found on other blockchains.

Execution and Ownership

Cryptocurrency Coins on Table and in Pot
Credit: pexels.com, Cryptocurrency Coins on Table and in Pot

On Solana, user-deployed programs are owned by the BPF Loader, which makes it easy to transfer ownership to the programs.

The execution of these programs is managed by Solana's runtime environment, known as Sealevel, enabling high throughput and parallel processing of transactions.

This architecture is particularly well-suited for applications requiring rapid execution, making Solana a great choice for developers.

The System Program is a smart contract with some additional privileges, and it's responsible for handling transfers between accounts it owns.

Even normal SOL transfers on Solana are handled by the System Program, which is a smart contract.

The System Program has a "transfer" endpoint that takes two accounts - from and to - and a "lamports" argument.

The runtime will set the is_signer field on the from account to true if the private key of the keypair that the account's public key belongs to signed the transaction.

If the user passes in a from account that was not owned by the System Program, the transaction would fail.

Programs may not write to any accounts that they don't own, unless the account is owned by a different program.

Types of

Focused shot of a Bitcoin cryptocurrency coin on a grey backdrop.
Credit: pexels.com, Focused shot of a Bitcoin cryptocurrency coin on a grey backdrop.

Solana's blockchain is built on a variety of programs that enable its core activities.

Native Programs are essential for validator operations, and the System Program is a key example that manages the creation of new accounts and facilitates SOL transfers between users.

Solana Program Library (SPL) programs support various on-chain activities, including lending and swapping.

SPL programs are a crucial part of Solana's ecosystem, enabling composable actions on the blockchain.

Here are the main types of programs found on the Solana blockchain:

  • Native Programs: These include the System Program, which manages account creation and SOL transfers.
  • SPL Programs: These support activities like lending, swapping, and other composable actions.

Transactions and Accounts

Transactions on Solana are a powerful tool for smart contract execution. They allow programs to read and write data by sending transactions.

A transaction can specify which accounts a program may access by referencing the accounts' public keys. This is done through the key property of each account's metadata.

Transactions also have a way to specify which accounts can be read from and written to. This is done by passing the accounts as arguments to the function signature.

Cryptocurrency Coins on Scales
Credit: pexels.com, Cryptocurrency Coins on Scales

The runtime can look at all incoming transactions and check if the memory regions in the first argument of the transactions overlap. If they don't, the transactions can be run in parallel.

Here's a breakdown of the properties an account has, which is essential for understanding transactions:

  • key: an ed25519 public key that serves as the account's address
  • is_signer: a flag set per transaction that indicates if the account's private key signed the transaction
  • is_writable: a flag set per transaction that indicates if the account can be written to
  • lamports: the account's balance in lamports (SOL's smallest unit)
  • data: the account's user data

This design is partly responsible for Solana's high throughput, as the runtime can efficiently check for conflicts between transactions.

Memory

Memory on Solana is a monolithic heap of data, where all state lives, including your SOL accounts, smart contracts, and memory used by smart contracts.

Each program has access to its own part of the heap, and can read any part, but trying to write to a part not owned by the program will cause the transaction to fail, except for increasing the balance of an account.

State lives in the heap, and each memory region has a program that manages it, sometimes called the "owner". Accounts, even when owned by the same program, can be different sizes.

Programs themselves live in the heap, and accounts that store programs are owned by the BPFLoader, a program that can deploy and upgrade other programs.

Multiple Instruction Composition in a Transaction

Bitcoin on Yellow Background
Credit: pexels.com, Bitcoin on Yellow Background

A transaction can include multiple calls to different programs, as seen in the example where the counter data structure is initialized with multiple instructions. This allows for a more implicit approach to program composition, where the programs don't explicitly communicate with each other.

The counter needs to have an is_initialized variable to prevent the initialize function from being called multiple times. This is essential to maintain data integrity and ensure the program behaves as expected.

The user is responsible for gluing the programs together on the client side, making this approach more flexible but also more error-prone.

Frequently Asked Questions

What language is Solana smart contract?

Solana smart contracts are primarily developed using the Rust programming language. Writing native Rust programs on Solana offers a unique approach to building decentralized applications.

How much does it cost to deploy a smart contract on Solana?

Deploying a standard smart contract on Solana costs approximately $0.20 at current market rates, equivalent to 0.002 SOL. This low cost makes Solana an attractive platform for deploying smart contracts.

Rodolfo West

Senior Writer

Rodolfo West is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a deep understanding of the financial world, Rodolfo has established himself as a trusted voice in the realm of personal finance. His writing portfolio spans a range of topics, including gold investment and investment options, where he provides readers with valuable insights and expert advice.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.