Coinbase Event Decoding: Step-by-Step Guide
Understanding how events work in the ethereum block chain can be fascinating. Today we dive to decode the Coinbase event and explore its shape.
What is the Coinbase Event?
The coinbase event is a kind of interaction with the ethereum network that allows users to send and receive an ether (ETH) that is the original cryptocurrency of the Ethereum platform. The event includes the Sender.
Coinbase Event Form
The Coinbase Event Follow this Format:
`JSon
{
"TransactionId": "..."
}
This is the root destination of the event. It contains a unique tag for the event.
Coinbase -Specific objects at the event
Here are some of the key objects that may be at Coinbase:
Coinbase
: this object represents the coinbase event and has severe lower parts:
+ Id
: identifier identifier of the coinbase event.
+ Timestamp
: Time Stamp When the Event Happened.
+ Version ': Ethereum Version (Currently 1.0).
+Txid: The Transmission Code produced by the Sender's Wallet or Relic Node.
+From: the address from which the event comes from.
+To: Address of the Recipient.
- Date: This object contains information related to the Coinbase Event Such as:
+ Payme: Gas Charge Charged for the Store.
+Value: the amount of the ether to be shipped.
+Gasprice: Price per unit of gas in the ether.
+Gasulated: number of gas units used to perform gas.
Decoder: Demolition of Coinbase Transaction Date
Now that we have basic information about the Coinbase event format, let's unload the random Litecoin -Coinbase Event:
JSon
{
"TransactionId": "..."
}
Here is an example of what kind of decoded event Can Show:
`JSon
{
"Coinbase": {
"ID": "..."
},
"Date": {
"Payment": 0,
"Value": 100000, // 10 ether
"GasSrice": 200000000000000000000000000, // $ 0.002 ETH Per Unit of Gas
"Gasulated": 1000000 // 1 Million Gas Units
}
}
In this Example:
Coinbase
object contains the coinbase event" ... "
`…”.
- The “Data” Object Contains Different Fields Including:
+ Payment
: the gas charge charged from the store, set at value 0.
+Value ‘: the amount of ether to be sent, set to100000
.
+ Gasprice
: Price per unit of gas in the ether, set to $ 0.002.
+ Gasulated
: number of gas units used to perform gas.
Conclusion
The decoding of the coinbase event includes an object format and structure that contains information related to the event. By extracting and analyzing the relevant fields, you can get an idea of the specific features of the event, including its purpose, payments, gas use and much more. Be sure to always check the authenticity and qualifications of event data before using it for your own purpose.
Additional tips
- Remember that coinbase events may include additional fields or lower objects, depending on a special use case.
- If you work with large data, considering implementing data packaging techniques to reduce storage requirements.
- Always prioritize safety when processing cryptocurrency data and ensure appropriate validation and authoration processes.