Decoding Ethereum Transactions: Understanding Input Data
Ethereum transactions are the building blocks of the Ethereum network that allow users to send and receive value across various decentralized applications (dApps). When a transaction is executed, it contains various components that enable it to function. In this article, we will look at decoding Ethereum transactions, focusing on the input data.
What is Input Data?
The input data for an Ethereum transaction consists of several key components:
Transaction Hash: A unique identifier for the transaction.
From Address: The address from which the transaction originated.
To Address: The address to which the transaction is sent.
Value Amounts: The amount of Ether (ETH) to be transferred, as well as the Vyper Virtual Domain Object (VDO).
Gas Limits: The maximum amount of gas that can be used during the transaction.
Ethereum Transaction Format
An Ethereum transaction generally follows this format:
0x...transaction_hash...
0x...from address...
0x...to address...
0x...value_amounts[1] // ETH
0x...value_amounts[2] // VDO
0x...gas_limit...
0x...nonce (optional) // used for gas optimization
Transaction Decoding in Uniswap V2
A delivered transaction Swap 0.095 ETH for 1,125.066 VDO in Uniswap V2 has the following input:
From: Not provided (likely the user’s wallet address)
To: 0x5f7cf8d38ff9af6e42ab35a76ca2d1d55d3fc3fa
Values:
+ 1,125,066 VDOs
+ 0.095 ETH (equivalent to about $11,500)
Gas Limit: Relatively high gas limit for the exchange
Understanding the Swap Transaction
The Swap Transaction in Uniswap V2 is a liquidity injection mechanism that allows users to stake their tokens and earn interest in the form of added value. A trade involves exchanging one ETH for approximately $11,500 worth of VDO.
In summary, decoding Ethereum transactions involves understanding the various components that make up the input data set. By analyzing these components, we can gain insight into the functionality and behavior of various dApps on the Ethereum network. In this article, we have taken a closer look at how to decode a transaction for a specified Swap 0.095 ETH for 1,125.066 VDO on Uniswap V2.
Ethereum: Ethereum transactions: how decode already decoded input data?
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Decoding Ethereum Transactions: Understanding Input Data
Ethereum transactions are the building blocks of the Ethereum network that allow users to send and receive value across various decentralized applications (dApps). When a transaction is executed, it contains various components that enable it to function. In this article, we will look at decoding Ethereum transactions, focusing on the input data.
What is Input Data?
The input data for an Ethereum transaction consists of several key components:
Ethereum Transaction Format
An Ethereum transaction generally follows this format:
Transaction Decoding in Uniswap V2
A delivered transaction Swap 0.095 ETH for 1,125.066 VDO in Uniswap V2 has the following input:
0x1a70dafba58e5cbc10adecb18e2489613b298a4aab0ecb2cbbbfd2ba184cdc39
0x5f7cf8d38ff9af6e42ab35a76ca2d1d55d3fc3fa
+ 1,125,066 VDOs
+ 0.095 ETH (equivalent to about $11,500)
Understanding the Swap Transaction
The Swap Transaction in Uniswap V2 is a liquidity injection mechanism that allows users to stake their tokens and earn interest in the form of added value. A trade involves exchanging one ETH for approximately $11,500 worth of VDO.
In summary, decoding Ethereum transactions involves understanding the various components that make up the input data set. By analyzing these components, we can gain insight into the functionality and behavior of various dApps on the Ethereum network. In this article, we have taken a closer look at how to decode a transaction for a specified Swap 0.095 ETH for 1,125.066 VDO on Uniswap V2.
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