Calculating “Total Received” and Balance by Address: A Step-by-Step Guide

As a cryptocurrency enthusiast, understanding the intricacies of the Ethereum blockchain can sometimes be overwhelming. One aspect that is often overlooked is calculating the total value of Ether (ETH) received and the balance for an individual address. In this article, we’ll walk you through how to do it step-by-step.

Understanding Ethereum Addresses

Before we dive into calculating “Total Received” and balance, let’s quickly review Ethereum addresses. An Ethereum address consists of a 40-character string, usually written in hexadecimal format (0x…). These strings are unique, public, and can be used to identify an individual user or organization on the Ethereum network.

Total Received

The total value of Ether received is calculated by aggregating all transactions associated with an address. This requires knowledge of the blockchain’s transaction history, including:

• Transaction Hashes: Each transaction is represented by a unique hash. By linking these hash values ​​​​to their respective addresses and dates, we can reconstruct the entire transaction flow.

• Transaction Data: Transaction data includes information such as sender and receiver addresses, amount received or sent, gas fees, etc.

To calculate the total amount received, you will need to:

• Get the blockchain state using a tool like This will show the current state of your address, including all transactions.

• Extract transaction hashes

  : Note down the transaction hashes for each relevant transaction associated with your address.

• Create a database of these transaction hashes and their corresponding addresses. You can use a simple text file or a lightweight database like SQLite.

• Append the transaction data to this hash database using thehashfields as keys.

Usage example

For demonstration purposes, let's say we have an address with 10 transactions:

| Transaction Hash | Receiver Address | Amount Received |

| --- | --- | --- |

| a2...b3c4d5e6f7g8h9i | ucet1@domain.com | 10 ETH |

To calculate the total amount received, we can link these hashes to their corresponding addresses and dates:

| Transaction Hash | Sender Address | Receiver Address | Date |

| --- | --- | --- |

| a2...b3c4d5e6f7g8h9i | ucet1@domain.com | account2@domain.com | 2022-01-01T00:00:00Z |

| a2...b3c4d5e6f7g8h9i | ucet1@domain.com | account3@domain.com | 2022-01-02T00:00:00Z |

Address Balance

To calculate an individual's balance, you will need:

• Get Blockchain State: Use a tool like to get the current address state.

• Extract Sender Addresses and Amounts: Note down the sender addresses and their corresponding amounts for each transaction.

Usage Example

Let’s assume we want to calculate our balance on January 5, 2022:

| Transaction Hash | Sender Address | Amount Received |

| — | — | — |

| a2…b3c4d5e6f7g8h9i | ucet1@domain.com | 100 ETH |

To calculate our balance, we can append the transaction data to this hash database using the “hash” fields as keys:

• January 5, 2022: a2…b3c4d5e6f7g8h9i

• Sender addresses and amounts for each transaction

Example code

Here is an example Python script that shows how to calculate the total received and balance using the information provided:

“`python

import sqlite3

Connect to the database

conn = sqlite3.connect(‘transaction_database.db’)

cursor = conn.cursor()

Retrieve the blockchain state

cursor.execute(“SELECT * FROM transactions WHERE address = ?”, (‘your_address’,))

transactions = cursor.

TECHNICAL ASPECTS