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The term "transaction" is used in Ethereum to refer to the signed data package that stores a message to be sent from an externally owned account.

3 votes
Accepted

Can unlock account, but not send transaction

The personal.sendTransaction method expects a second argument, the password to ephemerally unlock the account with and send the transaction in one go. If you don't provide a password, this endpoint de …
Péter Szilágyi's user avatar
15 votes
Accepted

How to transfer the whole balance of an account?

No. You cannot send the entire balance because the fees are deducted from your account's balance, not from the value being sent. To sweep an account you need to send balance-gas*price ETH as the valu …
Péter Szilágyi's user avatar
4 votes
Accepted

Should correct transaction nonce be one less than account transaction count?

Given that it's zero indexed and you have 7 executed transactions, means that the last used nonce was 6. …
Péter Szilágyi's user avatar
11 votes
Accepted

Filters: what's "latest" and "pending"?

All transactions contained within can be considered successfully executed. Security wise of course there can be reorgs, but in general they are executed transactions. … Pending on the other hand is the collection of transactions that can be executed by the network (that your own node knows about), but have not yet been done so. …
Péter Szilágyi's user avatar
13 votes

Create and sign OFFLINE raw transactions?

In Go creating a signed transaction would look something like this: transaction := types.NewTransaction(nonce, recipient, value, gasLimit, gasPrice, input) signature, _ := crypto.Sign(transaction.Sig …
Péter Szilágyi's user avatar
6 votes
Accepted

How does mining software choose transactions?

That being said, AFAIK miner miners/pools run the standard algorithm included in Geth, which is: Discard anything below a threshold Gather all the executable transactions (i.e. one for each account) … Pick the more expensive one Repeat from step 2. until no more transactions fit into the block Few caveats: The algorithm is actually a bit smarter and does a fancy sort so that steps 2-3-4 can be done …
Péter Szilágyi's user avatar
9 votes
Accepted

When transferring Ether, who needs to be in sync with the blockchain?

Neither of the clients need to be in sync to get the transaction through. For a transaction to be valid you only need to have enough funds on the sender balance, use the correct nonce for the sender …
Péter Szilágyi's user avatar
3 votes

Account and transaction amount

If you look at your account in a block explorer (e.g. etherchain), you'll see two outgoing transactions. … Well, these are the transaction costs associated with your transactions. …
Péter Szilágyi's user avatar
5 votes
Accepted

Why does the transaction exceed block gas limit?

Please paste the command you are trying to send the transaction with. A plain transaction needs 21000 gas per the protocol parameters. A block on the current main net goes up to 3 * PI million / 2, or …
Péter Szilágyi's user avatar
6 votes
Accepted

How should we benchmark transaction per sec?

When you push in more transactions than the blocks fit in, the block sizes are gradually increased to cater for them, so in theory it's unlimited. … The record for the main net (i.e. real, paid transactions) was something along 8 TPS, but that didn't even dent the system. …
Péter Szilágyi's user avatar
1 vote

I sent a transaction and got a hash, but blockchain explorers don't see it. What happened?

In geth you can retrieve pending transactions and in general inspect the current pool of queued transactions to see if something's off. …
Péter Szilágyi's user avatar
8 votes
Accepted

How can I get a list of of transaction data which are sent to a specific contract?

If the contract is under your control, you can simply emit a log whenever you want and then watch for log events. If the contract is not under your control or it's a plain account, you have no offici …
Péter Szilágyi's user avatar
18 votes
Accepted

How many transactions can the network handle?

Based on the above rationale, there is no theoretical limit to the number of transactions that can be squished into a block, just needs a bit of time to adjust. … Practically you need to get those transactions to the miners, they have to process it, distribute the results etc, so based on how optimal the implementations are, there's an upper limit. …
Péter Szilágyi's user avatar
4 votes

How do you compute the right amount of gas and tax to transfer certain amount of money?

The second is simpler, the gas fees are deducted from your account, not from the transferred value, so you need only to specify 21K gas (transaction cost) * 50 shannon (minimum gas price currently). …
Péter Szilágyi's user avatar
13 votes
Accepted

Is it possible to send transactions to multiple recipients?

However as you mentioned, a contract can itself create multiple transactions as a result of a single invocation. …
Péter Szilágyi's user avatar

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