Post London upgrade which implements EIP-1559, Ethereum has changed how block size and transaction fees works. Block Gas Limit Earlier Ethereum block gas limit was calculated using the below formula: block_gas_limit = (parent_gas_limit * 1023 + parent_gas_used * 1.5) / 1024 This formula changes the gas limit of blocks by 0.0976% in either direction. Post […]
As you must be aware that smart contracts are immutable programs that run exactly as programmed without any third party interface. Smart contracts cannot be modified once they are deployed which is actually a feature of smart contracts but in some blockchain use-cases it may be needed to change the smart contracts interfaces and/or their […]
You can simply use web3.eth.getTransactionCount to get the transaction nonce but it doesn’t include the transactions pending in the transaction pool. The purpose of this API is to simply retrieve total transactions count from the blockchain only till a particular block (by default latest block). So when you are pushing a lot of transactions from […]
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