7388
2 min

Ethereum nonce explained

Ethereum nonce explained

Nonce is a one-time transaction code (the number that can only be used once). The first transaction sent from a specific address will have nonce 0, the second — nonce 1, etc.

✔️ Nonce helps miners determine which transaction should be processed first.

✔️ If there is a problem with transaction 0, the next transaction will not be completed.

✔️ Nonce helps avoid double-spending.

WhiteBIT Team

The information contained herein is for general information purposes and no responsibility is accepted for any predictions, errors or omissions. This material is general in nature and not financial advice or as a financial product. You should always seek independent financial advice that is directed to your specific situation.

To Share
Published by
Author: WhiteBIT AU WhiteBIT AU

Recent Articles

What is a White Paper in Crypto, and Why is it Important?

In the cryptocurrency realm, where innovation thrives and the future is forged, one term stands as a test...

What Is Etherscan and How to Use It

Sent a token on the Ethereum network and it hasn’t shown up yet? Wondering if something’s wrong with your...

Bitcoin Price History: 2009-2025

When Bitcoin first began its existence in 2009, few could have predicted that its price would one day rea...

Understanding Crypto Cycle: A Practical Guide for Traders

The cryptocurrency market is constantly evolving — it moves in cycles, with fluctuations at every turn. U...

What is Total Value Locked in Crypto (TVL): Everything You Need to Know

Have you ever wondered how the success of a DeFi project is determined? Why do some protocols raise billi...

More news

Go to the section
What is Crypto Technical Analysis? How to Analyze Price Movements in the Cryptocurrency Market?

Technical Analysis, or TA, is a method of studying financial markets, including the cryptocurrency market...

Bitcoin Price History: 2009-2025

When Bitcoin first began its existence in 2009, few could have predicted that its price would one day rea...

What is Proof of Stake (PoS)?

Transaction speed is crucial in cryptocurrencies, and the Proof-of-Stake algorithm offers a solution that...

What are Gas Fees in Crypto and Why is It Needed

Blockchain protocols such as Ethereum have introduced the concept of gas payment, which has become an int...

Beyond Bitcoin: Navigating the Ethereum ERC-20 Tokens

Imagine a world where contracts can be executed automatically without intermediaries or go-betweens. A wo...