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Ethereum: Why Binance Testnet transaction fails?

Ethereum: Why fail Binance Testnet Transaction

As an increasing number of decentralized applications (Dapps) and projects are relying on Ethereum as an underlying blockchain, the platform has become increasingly popular in testing and developing new intelligent contracts. However, many developers have reported that they would have problems when trying to test Binance Testnet transactions. In this article, we are immersed in the causes of these errors and take some troubleshooting steps to solve them.

The transaction

Take a look at the transaction in question that failed:

* transaction hash:

Ethereum: Why Binance Testnet transaction fails?

0xE464a4b94268c97c0e5f795f6fb336d982c1570c426e851826666687551515d42a76“““““`seg

* Contract address: 0x …(we will return to this in a minute)

* Contract Name: New contract ‘

* Transaction Data: The transaction seems to be a call from the “Newkontract” contract, not accepted or variables.

Why fail the transaction

After research on various sources, including the Binance Testnet documentation and community forums, there are two main reasons why transactions fail:

  • Not sufficient gas price : The transaction fails because the gas price is too low to execute the contract successfully. This may be caused by the lack of gas available in the Ethereum network or incorrectly estimated the necessary gas.

  • Invalid contract address : As mentioned earlier, the address “0x …” has been accepted as the contract address is not valid.

Troubleshooting steps

To solve these questions, follow these steps:

  • Check the gas price and estimate : Make sure you have enough gas to execute the transaction. Use devices such as Etherscan or BlockScout to estimate the necessary gas.

  • Check the contract address : Check that the title of the contract is correct. You can use Binance’s Testnet Explorer to justify the existence of the contract and the proper operation.

By following these steps, you must be able to solve problems with Binance Testnet transactions and return to the rapid development of Dapps.

More tips

* Use a contractual calculator : If you are not sure with gas prices or estimated requirements, use a contractual calculator such as Etherscan “contract calculator” to estimate the gas required.

* Test with small values ​​

: When testing the transactions, start with small values ​​and set it as needed. This will help prevent unnecessary gas consumption or errors.

Understanding why Binance Testnet transactions fail and take the necessary steps to solve these issues can successfully test and develop DAPP on this exciting platform.

Conclusion

Ethereum Binance Testnet is a valuable source for testing and elaborating smart contracts. By following the best practices and resolving common issues, developers can overcome obstacles and create innovative applications that promote the growth of Ethereum ecosystem.

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