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Does anyone know the use cases for the trace_block method by Openethereum?


Does anyone know the use cases for the trace_block method by Openethereum?

Here's the link to it:

https://docs.alchemy.com/reference/trace-block

I cannot find any use cases listed for this method anywhere. Even in the official docs, it's not written.


Solution

  • Okay, so after my research, I came to know that:

    The trace_block method is used to analyze the behavior of a blockchain.

    For example, you can find the average gasPrice for a block by getting the traces of all the transactions in the block (traces contain the gasPrice for transactions). Then you can get the average gasPrice block by block and form a graph to visualize how the gasPrice has changed over time.

    I found it in this great article by Alchemy