algorand

Algorand - is approving a logicsig a transaction on the chain?


Just wondering what happens when I approve a logicsig. I don't see a transaction on Algorand and curious what is going on there.

It gives me a TEAL Address but AlgoExplor-ing that address doesn't show anything like an App created on behalf of my acct, etc


Solution

  • When you sign a LogicSig, it produces a delegate signature which can be used as your address as the sender.

    Smart signatures don't exist on-chain, but they can be pulled from previous transactions and reused by anyone.