Ethereum: How is a wallet’s balance computed?
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Understanding Ethereum’s Ethereum Wallage Balance: A step -by -step guide
Ethereum, like other blockchain platforms, using a digital wallet system to store and manage cryptocurrencies, such as Ether (ETH). The balance of a wallet is the total value of the coins or tokens in your account in this article, we will break down how the balance of a wallet is calculated on Ethereum.
key components
To calculate the balance of a wallet, you need to understand which key components are involved:
- Blockchain : Blockchain is a decentralized, distributed register, which records all transactions carried out on the Ethereum network.
- wallet : A digital wallet is a software program or application that stores and manages cryptocurrency assets.
- Keypairs : Keyboard are secret and public keys used to interact with a blockchain.
Calculation of wallet balance
Here is an explanation step by step about how the balance of a wallet is calculated on Ethereum:
- Blockchain header : The first step is to take the latest blockchain header in the Ethereum network. This header contains information about the current chain state, including the heights of the block, the number of transactions and other relevant data.
- Istoricul tranzacțiilor : În continuare, trebuie să consultați istoricul tranzacțiilor portofelului pentru a identifica toate tranzacțiile care implică contul dvs. Aceasta include:
* Transaction receipts
* Transaction metadata (eg sender, recipient, amount)
- keyboard information
: You also need access to keyboard information including:
* Public key (used for transaction signing and checking)
* Private key (used to decrypt transaction data)
- TRANSACTS SUMMENTS : After you have all the relevant information, you can summarize the transactions in a single value.
Mathematics behind her
Now that you have the necessary components, let’s see how they are used to calculating the wallet balance:
- Add transactions : Add all transaction amounts:
* Transaction receipts (eg gas charges, transaction costs)
* Transaction metadata (eg sender, recipient, amount)
- Calculation of total value : Total value is calculated by summarizing transactions, taking into account any taxes associated with transactions.
Example
Suppose you have an Ethereum wallet with a 100 ETH balance and you want to calculate your balance after you have received 20 new ETH as a payment to complete a smart contract implementation. Here’s how it would work:
- Recover the latest blockchain header
- Please see the transaction history to identify all transactions involving your account.
- Summarize transactions:
* Add transaction amounts (eg, 20 ETH + any charges)
- Calculate the total value: $ 120
Conclusion
Calculating the balance of a wallet on Ethereum involves taking over the relevant data from blockchain, transaction history and keyboard information. By following these steps, you can accurately determine your current balance. Remember to regularly update your keyboard information and transaction history to ensure precise calculations.
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