Transaction
Transactions are cryptographically signed instructions from accounts. An account will initiate a transaction to update the state of the FootballChain network.
Transactions, which change the state of the EVM, need to be broadcast to the whole network. Any node can broadcast a request for a transaction to be executed on the EVM; after this happens, a validator will execute the transaction and propagate the resulting state change to the rest of the network.
Transactions require a fee and must be included in a validated block. To make this overview simpler we'll cover gas fees and validation elsewhere.
A submitted transaction includes the following information:
recipient– the receiving address (if an externally-owned account, the transaction will transfer value. If a contract account, the transaction will execute the contract code)signature– the identifier of the sender. This is generated when the sender's private key signs the transaction and confirms the sender has authorized this transactionnonce- a sequencially incrementing counter which indicate the transaction number from the accountvalue– amount of FBC to transfer from sender to recipient (in WEI, a denomination of FBC)data– optional field to include arbitrary datagasLimit– the maximum amount of gas units that can be consumed by the transaction. Units of gas represent computational stepsmaxPriorityFeePerGas- the maximum amount of gas to be included as a tip to the validatormaxFeePerGas- the maximum amount of gas willing to be paid for the transaction (inclusive ofbaseFeePerGasandmaxPriorityFeePerGas)
image
- Regular transactions: a transaction from one account to another.
- Contract deployment transactions: a transaction without a 'to' address, where the data field is used for the contract code.
- Execution of a contract: a transaction that interacts with a deployed smart contract. In this case, 'to' address is the smart contract address.
Last modified 5mo ago