- Making sure our USD is always paired to 1.0 USD.
- Fetching fromChainlink Price Feed.
- Function that exchanges ETH & BTC => $
- Stable minting mechanism: Algorithmic (Decentralized)
- People are only going to mint with enough collateral (gonna be ocoded)
- Collateral: Exogenous (Crypto)
- ETH
- BTC
In a Solidity contract, address(0)
represents the zero address, which is a special address in the Ethereum network. It is often used as a sentinel value to indicate the absence of an address or to represent a null address. The zero address is 0x0000000000000000000000000000000000000000.
Here are some common uses of address(0)
in smart contracts:
- Burning Tokens: When tokens are burned, they are often sent to the zero address to remove them from circulation.
- Initial Values: It can be used to check if an address variable has been initialized or not.
- Validation: It can be used to validate that an address is not the zero address before performing certain operations.