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Understanding the Receiver’s Role in Solana Transfers
In the context of Solana blockchain technology, the terms “recipient” and “signer” are often used interchangeably to refer to the parties involved in a transaction. However, there is an important difference between these two roles that is crucial to understanding how transactions work on the Solana network.
Recipient Role
In most cases, the recipient of the Solana transfer does not necessarily coincide with the signer. In fact, the recipient often turns out to be a person who previously registered an account or concluded a contract on the platform. These can include other users, companies, or even decentralized autonomous organizations (DAOs).
For example, when a user initiates a transfer to Solana, they can choose to send funds from their wallet to another user’s account. In this case, the recipient is not necessarily the same person who registered the sender’s account.
Signer role
On the other hand, the signatory of the transfer is usually a natural or legal person who initiates the transaction and has the authority to dispose of the transferred funds. It can be someone else in the sender’s account, for example, another user or a program launched on his behalf.
For example, when a user wants to send funds from his Solana wallet to an external address controlled by a third party (for example, another user), this third party acts as the signatory of the transfer. This means that they have authority and control over the transferable funds.
Why can the recipient differ from the signer
It is important to note that the recipient may differ from the signer in several scenarios:
- Receipt on behalf of another person: The recipient may not necessarily be the same person who registered the account.
- Participation in a contract or program: In some cases, a contract or program running on another user’s account may require that user to sign a transaction as part of its work.
Conclusion
In summary, although the term “recipient” is often used interchangeably with the term “signatory”, they can have different meanings depending on the context. The recipient in Solana’s translation is usually the person who previously signed the account or contract on the platform, while the signatory is the person or organization that initiates and controls the transaction.
This difference may seem insignificant, but it is necessary to understand how transactions work on the Solana blockchain and to keep accurate records of all transactions.