• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

blockchain – bitcoin block chain – database – how to request / how to get status of an object? [NOOB]

Moussa by Moussa
March 31, 2024
in Bitcoin
0
peer discovery – how to obtain the IP addresses of nodes for mining pools?
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Do we have to search all transactions of Alice saved on blocks and to calculate her balance

Nobody other than Alice cares about her balance. That’s because Bitcoin is cash, not a bank account. When you hand over a $10 banknote to a shopkeeper, they don’t want to know how much total cash you have in your wallet, they just look at the $10 to see if it is genuine. Bitcoin does not keep track of balance per account holder – there are no accounts, no people, no balances in the Bitcoin network or blockchain.

Bitcoin works on the basis of keeping track of Unspent Transaction Outputs (UTXOs). A UTXO is roughly equivalent to a banknote or coin. When someone spends a UTXO, all other nodes check that the UTXO exists and hasn’t been spent already.

You can create a list of UTXOs by reading the blockchain from the start once.

A Bitcoin wallet such as Bitcoin core may provide methods of looking at the data in its copy of the blockchain. For example Bitcoin core has an RPC API including functions such as getreceivedbyaddress – which normally only works on your own addresses, not other people’s.


there are tools to know the balance of an adress. But my question is how this tools works ? How they request the blockchain?

They can use the Bitcoin network protocol to collect their own copy of the blockchain, index it and then perform their own analysis of that data.

The Bitcoin network protocols allow any new node, such as a wallet, to discover a few other nodes and to request from them copies of blockchain data, piece by piece.

Generally speaking, address balances are of no interest whatsoever. They play no part in the way Bitcoin operates. You might rummage through your pockets and rainy-day coin-jar to write down the total amount of money you find but no one else really cares.



Source link

Related articles

Michael Saylor Says the Bitcoin Bottom Is in and $100K Is Coming Back – Bitcoin News

Michael Saylor Says the Bitcoin Bottom Is in and $100K Is Coming Back – Bitcoin News

October 14, 2026
Jeff Bezos Says One Question in a Job Interview Reveals Who Never Did the Reading

Jeff Bezos’ Parents Put $250,000 Into His 1995 Internet Bet Despite a 70% Loss Risk

October 14, 2026
Share76Tweet47

Related Posts

Michael Saylor Says the Bitcoin Bottom Is in and $100K Is Coming Back – Bitcoin News

Michael Saylor Says the Bitcoin Bottom Is in and $100K Is Coming Back – Bitcoin News

by Moussa
October 14, 2026
0

Key TakeawaysSaylor told Bloomberg on Oct. 13 that bitcoin bottomed just under $60,000 and can grow 20% to 30% a...

Jeff Bezos Says One Question in a Job Interview Reveals Who Never Did the Reading

Jeff Bezos’ Parents Put $250,000 Into His 1995 Internet Bet Despite a 70% Loss Risk

by Moussa
October 14, 2026
0

Key TakeawaysMiguel and Jackie Bezos put $250,000 into Jeff Bezos’s 1995 online bookstore after he warned of a 70% chance...

Bitwise, SVRN Bet on NEAR as AI Infrastructure Thesis Takes Shape

Bitwise, SVRN Bet on NEAR as AI Infrastructure Thesis Takes Shape

by Moussa
October 14, 2026
0

Key TakeawaysBitwise’s NEAR ETF and SVRN’s 10% supply goal offer two routes into the same AI-blockchain thesis.NRR adds staking exposure,...

US Government Moves $100M in Seized Crypto, No Sale

by Moussa
October 14, 2026
0

Join Our Telegram channel to stay up to date on breaking news coverage Wallets linked to the US government moved...

Patented Equilibrium Architecture Takes the Stage at Korea Blockchain Week as Whisper Unveils Veria, Targeting Q1 2027 Mainnet Launch

Patented Equilibrium Architecture Takes the Stage at Korea Blockchain Week as Whisper Unveils Veria, Targeting Q1 2027 Mainnet Launch

by Moussa
October 14, 2026
0

Paulus J. Lee, Founder & Chairman of Whisper and Veria and co-inventor of the patented Equilibrium blockchain architecture (US Patent...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News