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.
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