Nice! this visualization is very helpful to those newbies who newly engage in the crypto industries. The information provided with the data being visualized is much understandable on what is happening on the Blockchain Transaction.
If you guys wanted to see some more of this you can also visit this site: https://privacypros.io/tools/bitbonkers/
It has the same atmosphere as the OP's post.
Topic: Blockchain Transaction Visualizer (Read 285 times)
Definitely interesting for those for whom the whole thing is complicated so this way they can visualize the whole process. As the project is still in beta, the owner will probably make some changes for the better, so this could be something very interesting for beginners.
I also noticed that the site advertises Ledger HW (check OP image), and it must be admitted that the owner very skillfully incorporated that marketing move into the concept of his site. If the project became successful, then it would certainly be interesting to advertisers as well.
I also noticed that the site advertises Ledger HW (check OP image), and it must be admitted that the owner very skillfully incorporated that marketing move into the concept of his site. If the project became successful, then it would certainly be interesting to advertisers as well.
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I know it's not really that important but it can be a bit misleading. I mean when someone sees his transaction included in a block while in reality no miner has picked it up.What would be funny though is to be able to enter your transaction id and see the person representing it moving around
I mean would you use a "transaction visualizer" to confirm your transactions if they are part of that block? There are more reliable ways to do that and that's by using Blockchain explorer websites like blockcypher. They clearly stated it on their "about section" that they don't really accurately determine which transaction is part of that block but rather prioritize high paying users in the bus line. I think to avoid any kind of confusion for their visualizer is to either sync their system to any block explorer or just put a page notice that this isn't used for determining which block you are in but simply just demonstrate to everyone how blockchain works.
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I know it's not really that important but it can be a bit misleading. I mean when someone sees his transaction included in a block while in reality no miner has picked it up.What would be funny though is to be able to enter your transaction id and see the person representing it moving around
However, there is something I didn't understand (not sure if it's the same thing pooya87 pointed out in his repy!): when you click on the first bus, which is supposed to represent the next block, you can see a list of transactions that have been included in it!
AFAIK each miner/pool select transactions as they see fit and each miner/pool may be working on a different block with totally different transactions.
Not sure but my guess is that the website is simply adding transactions paying higher fees first!
AFAIK each miner/pool select transactions as they see fit and each miner/pool may be working on a different block with totally different transactions.
Not sure but my guess is that the website is simply adding transactions paying higher fees first!
I think you are right on this one that they are prioritizing or "assuming" that these people/transactions are part of the block since they have paid a higher fee which I think is reasonable.
This is what they said on the About section.
Quote
If the transaction has a high enough fee, they will board the first bus and be ready to be included in the next mined block. If there are too many transactions to be included in the next block, and the transaction didn't pay a high enough fee, the person will either wait in line or board a different bus.
The movement speed of a person represents how high of a fee they paid compared to the current median fee.
The movement speed of a person represents how high of a fee they paid compared to the current median fee.
Everytime the bus is moving you will immediately see the animation of people having faster walking speeds compared to the others and they usually skip some people that are lined up which just indicate that they have paid a higher fee. Of course these transactions might not be really included in the block but I think what they just want to visualize is how the transactions work in this kind of representation.
AFAIK each miner/pool select transactions as they see fit and each miner/pool may be working on a different block with totally different transactions.
Correct. There is no way to know for sure which transactions will be included in the next block until it is mined. Most miners will simply include all the highest paying transactions to maximize their profits, but this is not always the case. Some miners may be prioritizing their own transactions or may have a private arrangement to mine specific transactions, and it can also be affected by things like unconfirmed parents, double spends, etc. This site is simply listing the highest paying transactions which fit within 4 million weight units. It will be a fairly accurate estimation most of the time, but it isn't a guarantee by any means.
@OP, thank you for sharing this link with us.
The animation is very cool indeed besides there are many useful data such as the mempool count and the median fee. Both can help to decide how much you want to pay for fees.
However, there is something I didn't understand (not sure if it's the same thing pooya87 pointed out in his repy!): when you click on the first bus, which is supposed to represent the next block, you can see a list of transactions that have been included in it!
AFAIK each miner/pool select transactions as they see fit and each miner/pool may be working on a different block with totally different transactions.
Not sure but my guess is that the website is simply adding transactions paying higher fees first!
The animation is very cool indeed besides there are many useful data such as the mempool count and the median fee. Both can help to decide how much you want to pay for fees.
However, there is something I didn't understand (not sure if it's the same thing pooya87 pointed out in his repy!): when you click on the first bus, which is supposed to represent the next block, you can see a list of transactions that have been included in it!
AFAIK each miner/pool select transactions as they see fit and each miner/pool may be working on a different block with totally different transactions.
Not sure but my guess is that the website is simply adding transactions paying higher fees first!
it is a bit misleading but interesting.
Snip
I am sure the developer would appreciate your input to find ways to make the site better. There was a thread in our local section about this sitea few months ago so I have seen it before. I like the animations. They are much more user-friendly to look at than a bunch of numbers.Snip
Anyways, the developer is available on reddit >https://www.reddit.com/user/txstreet/
I found one of his posts in which he asks for help to expand on the idea and create a DApp game. I am sure he would appreciate feedback by the community to eliminate any errors.
@pooya87
Tell him what you think
it is a bit misleading but interesting.
- for starters it places each transaction that comes along (enters mempool) in the future block to be mined but there is no way of knowing whether that tx had actually entered the block or not. that tx may very well stay in mempool.
- it also doesn't show the portion of the blocks that are empty. for instance each bcash block is shown to have a gigantic vehicle but if it showed the inside, 99% of that space is empty.
- the bitcoin blocks are completely wrong both the representation and the explanation when you click on it. blocks aren't 2 parts, they are a single part and should be shown as a single "vehicle" with a 4 MB weight. and the explanation of SegWit is completely false. SegWit does NOT remove the signature data nor does it store it elsewhere.
- for starters it places each transaction that comes along (enters mempool) in the future block to be mined but there is no way of knowing whether that tx had actually entered the block or not. that tx may very well stay in mempool.
- it also doesn't show the portion of the blocks that are empty. for instance each bcash block is shown to have a gigantic vehicle but if it showed the inside, 99% of that space is empty.
- the bitcoin blocks are completely wrong both the representation and the explanation when you click on it. blocks aren't 2 parts, they are a single part and should be shown as a single "vehicle" with a 4 MB weight. and the explanation of SegWit is completely false. SegWit does NOT remove the signature data nor does it store it elsewhere.
It is an old site but I recall they rebuilt their UI.
TxStreet.com - live cryptocurrency transaction visualizer.. In that thread, I found some other visualization tools.
TxStreet.com - live cryptocurrency transaction visualizer.. In that thread, I found some other visualization tools.
Search with Google can give you this one: 18 of the Coolest Visualizations for Exploring the Bitcoin Network. I don't promote the site of R Ver but it is what it is from search result.
Maybe most of them are for kids (as visualizations).
Before I find that article, I found 10+ Monitoring Websites That Help Track the Bitcoin Network. Too much websites to visit so I stop my work. I am sorry for bringing all articles from R. Ver's site
Maybe most of them are for kids (as visualizations).
Before I find that article, I found 10+ Monitoring Websites That Help Track the Bitcoin Network. Too much websites to visit so I stop my work. I am sorry for bringing all articles from R. Ver's site
I saw this amazing website that visualizes the transaction on a blockchain network. As of the moment, the website got only for Bitcoin, Ethereum, and Bitcoin Cash.
It really shows some important information about the network, just like the difficulty, blockchain size, current price, total circulating supply, market cap, volume, etc.
The animation is really cool.
P.S. I don't own or connected with this website, I just saw this on the internet and wanted to share it here. Enjoy!
It really shows some important information about the network, just like the difficulty, blockchain size, current price, total circulating supply, market cap, volume, etc.
The animation is really cool.
P.S. I don't own or connected with this website, I just saw this on the internet and wanted to share it here. Enjoy!
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