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considering things like the crowdfund example exists, what happens if many people make an instance of the same contract? would it compress that at all? If not is there a way for a contract to make a wallet that is stored as a token, or i guess the access to it is through a token?
Each smart contract is its own entity, with its own state and address, even though the code is the same. Not sure what you mean with the token thing. Each SmartContract only has one address :)