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Unlocking the Potential of 0x77ac30e9970e7aa223caa7cc7b57cf57080d0822: A Detailed Guide to 0.002 ETH on MetaMask
Embarking on the journey of cryptocurrency can be both exhilarating and daunting. One of the most popular platforms for managing Ethereum-based transactions is MetaMask. In this article, we delve into the specifics of a transaction involving the address 0x77ac30e9970e7aa223caa7cc7b57cf57080d0822, with a value of 0.002 ETH. Let’s explore the intricacies of this transaction from multiple dimensions.
Understanding the Address
The address 0x77ac30e9970e7aa223caa7cc7b57cf57080d0822 is a hexadecimal representation of a unique identifier on the Ethereum blockchain. It is a 42-character string that serves as the public key for the wallet associated with it. This address has been involved in numerous transactions, as evidenced by its transaction count, which can be verified on blockchain explorers like Etherscan.
The Transaction Details
The transaction in question involved the transfer of 0.002 ETH from one wallet to another. This amount, while small in the grand scheme of Ethereum transactions, is significant for understanding the mechanics of the network. Let’s break down the transaction details:
| Transaction Hash | From Address | To Address | Value (ETH) | Gas Price | Gas Limit | Timestamp |
|---|---|---|---|---|---|---|
| 0x123456789abcdef123456789abcdef123456789a | 0x77ac30e9970e7aa223caa7cc7b57cf57080d0822 | 0xabcdef1234567890abcdef1234567890abcdef | 0.002 | 50 gwei | 21000 | 2023-04-01 12:00:00 |
The transaction hash is a unique identifier for the transaction, which can be used to track its progress and verify its authenticity. The ‘From’ address is the wallet that initiated the transaction, while the ‘To’ address is the recipient. The value transferred, gas price, and gas limit are essential for understanding the transaction’s cost and its impact on the Ethereum network.
The Role of MetaMask
MetaMask is a browser extension that allows users to interact with the Ethereum blockchain. It serves as a gateway for users to manage their Ethereum-based assets, including ETH and various ERC-20 tokens. In the case of the transaction involving 0x77ac30e9970e7aa223caa7cc7b57cf57080d0822, MetaMask played a crucial role in facilitating the transaction. Let’s explore how:
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Address Generation: MetaMask generates a unique address for each user, which is used to receive and send ETH and tokens. The address 0x77ac30e9970e7aa223caa7cc7b57cf57080d0822 is one such address generated by MetaMask.
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Transaction Execution: Users can initiate transactions through MetaMask by selecting the desired address and specifying the amount of ETH to be transferred. The transaction is then signed using the user’s private key, which is securely stored in MetaMask.
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Network Interaction: Once the transaction is signed, MetaMask interacts with the Ethereum network to execute the transaction. This involves broadcasting the transaction to the network and waiting for it to be confirmed by miners.
The Impact on the Ethereum Network
Every transaction on the Ethereum network has a ripple effect, and the transaction involving 0x77ac30e9970e7aa223caa7cc7b57cf57080d0822 is no exception. Let’s explore the impact of this transaction on