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Calldata Meaning

Calldata is a temporary, read-only data location used in Ethereum and other EVM-compatible blockchains to pass information into smart contract function calls. When a transaction invokes a smart contract, the encoded function selector and arguments are included in the transaction’s calldata field, allowing the contract to interpret and execute the requested operation.

Unlike contract storage, calldata is not persisted on-chain after execution and cannot be modified by the contract itself. This makes it significantly more gas-efficient than storing data permanently, especially when passing large inputs that are only needed during execution.

Calldata plays a critical role in smart contract interactions, enabling functions to receive parameters such as token amounts, recipient addresses, configuration values, or cryptographic proofs. Because calldata is read-only, it also contributes to security by preventing contracts from altering input data during execution.

From an architectural perspective, calldata helps separate execution logic from state storage, allowing developers to design more efficient and predictable contracts. Its use is especially important in high-throughput applications and Layer 2 solutions, where minimizing gas costs is essential.

In short, calldata is a foundational component of EVM-based systems, enabling flexible, cost-efficient communication between users and smart contracts without permanently increasing blockchain state.

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Finery Markets BVI Limited (“Finery Markets”) provides software, technology infrastructure, and related Information and Communication Technology (ICT) services on a Software-as-a-Service (“SaaS”) basis. Finery Markets acts solely as a software vendor and does not operate a trading platform, does not intermediate, match, execute, clear, or settle transactions, and does not engage in any activities that would require regulatory authorisation under applicable laws.

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