This project introduces a 'Multi-Party Payment Splitter,' a Solidity smart contract automating payment distribution among multiple recipients. Designed for efficiency and transparency.
The Multi-Party Payment Splitter smart contract is a lightweight implementation that splits incoming payments among predefined recipients based on fixed percentages. The contract is written in Solidity and adheres to simplicity by excluding external imports, constructors, and input fields.
Key features of the contract include:
Predefined Recipients : The Ethereum addresses of all recipients are hardcoded into the contract, ensuring clarity and immutability.
Fixed Shares : Each recipient's share of the payment is defined as a percentage, ensuring proportional distribution.
Automatic Distribution : When Ether is sent to the contract, it automatically calculates and transfers the appropriate amounts to each recipient.
Error Handling : The contract ensures no Ether is lost due to rounding errors by allocating any remaining balance to the last recipient.
No External Dependencies : The absence of imports or constructors makes the contract self-contained and easy to deploy.
The core functionality revolves around a predefined array of recipient addresses and their corresponding allocation percentages. When Ether is sent to the contract, it automatically calculates and distributes the funds based on these pre-set proportions. Notably, this contract is implemented without external library imports or explicit constructor functions, resulting in a lean and gas-efficient deployment.
This solution streamlines multi-party payments, eliminating the need for manual calculations and transfers. It ensures transparent and trustless distribution, making it ideal for scenarios such as shared expenses, collaborative funding, and decentralized autonomous organizations (DAOs). By automating the payment splitting process directly on the blockchain, this contract enhances security and reduces the potential for human error.
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