blockchain – How do you verify a block manually?

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[ad_1] Copied below is a short python script that walks through the verification, using input values for block 505400 from the blockchain.com block explorer: import json import hashlib block={} #inputs values (from https://www.blockchain.com/explorer/blocks/btc/505400) block[‘blocknumber’]=505400 block[‘version’]=’20000000′ block[‘hashPrevBlock’]=’00000000000000000022a664b3ff1e4f85140eddeebd0efcbe6a543d45c4135f’ block[‘hashMerkleRoot’]=’a3defcaa713d267eacab786c4cc9c0df895d8ac02066df6c84c7aec437ae17ae’ block[‘time’]=1516561306 block[‘bits’]=394155916 block[‘nonce’]=2816816696 #prepare values block[‘versionprepared’]=bytes.fromhex(block[‘version’])[::-1].hex() block[‘hashPrevBlockprepared’]=bytes.fromhex(block[‘hashPrevBlock’])[::-1].hex() block[‘hashMerkleRootprepared’]=bytes.fromhex(block[‘hashMerkleRoot’])[::-1].hex() block[‘timeprepared’]=int(block[‘time’]).to_bytes(4, byteorder=”little”).hex() block[‘bitsprepared’]=int(block[‘bits’]).to_bytes(4, byteorder=”little”).hex() block[‘nonceprepared’]=int(block[‘nonce’]).to_bytes(4, byteorder=”little”).hex() #concatentate prepared values to … Read more

Bitcoin steadies above $50,000 for over a week as new accumulation patterns emerge

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[ad_1] Quick Take With Bitcoin price holding steady over the $50,000 mark for more than a week, intriguing patterns are emerging regarding Bitcoin accumulation. CryptoSlate’s recent data analysis highlights that approximately 111k BTC have been amassed by various cohorts over the past 30-day period. Some cohorts have been in a distribution phase over the last … Read more

Bitcoin Price Tumbles Amid VanEck ETF’s Volume Surge

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[ad_1] Bitcoin experienced a tumultuous day yesterday, with its price briefly touching $53,000 before plummeting to a low of $50,820. Amid this price volatility, an unexpected phenomenon caught the eye of market analysts: a dramatic surge in trading volumes for certain Bitcoin ETFs. Bloomberg’s Eric Balchunas provided a detailed account of this anomaly on X, … Read more

Bitcoin Whales Steer Clear Of Significant Short Positions, Show Confidence In Price Surge

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[ad_1] Bitcoin traders are exhibiting cautious optimism as they refrain from “substantial short positions,” expecting continued price surges, according to analysts from Bitfinex this week’s Alpha report. Despite Bitcoin’s notable surge that brought the asset to trade as high as above $52,000 for the first time since 2021, analysts note a decrease in the short-squeeze … Read more