Ethereum: When calculating the hash of transaction, why is the version used as “01000000” instead of “00000001”?

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About Ethereum Transaction Hashes: The “01000000” Version

When calculating transaction hashes on Ethereum, one of the most commonly used values ​​is a specific sequence of four hexadecimal digits, denoted as 0x01000000. This value has been the subject of curiosity among developers and researchers interested in understanding the inner workings of the Ethereum protocol. In this article, we will take a deeper look at why the version number is not simply “0x00000001”, but instead uses a specific sequence of four zeros to represent it.

The Importance of Version Numbers

In the context of blockchain transactions, each node on the network maintains a copy of the blockchain. To ensure that transaction data is kept consistent and up-to-date across different nodes, each transaction must be uniquely identifiable. This is where version numbers come in handy. The sequence 0x01000000 serves as a unique identifier for Ethereum transactions.

Protocol Documentation: A Key Perspective

Ethereum: When calculating the hash of transaction, why is the version used as

According to the official transaction (tx) protocol documentation, the first field of the transaction data is actually a version number of size 4. Specifically, it is defined as 0x01000000. This means that when calculating the hash of a transaction, we need to take this specific value into account.

A Closer Look at Hash Calculation

When calculating the hash of a transaction, the process involves several key steps:

  • Initialization: The first step is to initialize the hash with an arbitrary initial value.
  • Merkle Root Calculation: Next, we calculate the Merkle root of the input data using a cryptographic hash function (e.g., SHA-256).
  • Hash Update: We then update the hash by applying another cryptographic hash function to the previous hash and the Merkle root.

In the context of Ethereum transactions, the sequence “0x01000000” is used as part of this process. To understand why, consider that when we calculate the Merkle root, we need a specific initial value to ensure consistency across different nodes in the network. The sequence 0x01000000 provides this necessary starting point.

Conclusion

In conclusion, the use of the sequence 0x01000000 in Ethereum transaction hashes is not simply 0x00000001. Instead, it serves as a unique identifier that ensures that each transaction can be uniquely identified across different nodes in the network. The transaction protocol documentation provides valuable insight into why this specific value is used and how it contributes to the overall security and consistency of the Ethereum blockchain.

I hope this article helps clarify the use of “0x01000000” in Ethereum transaction hashes!

ETHEREUM TXIDS MERKLE

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