What Is a ‘Transaction Nonce’ and Why Is It Important?
A transaction nonce is a sequential counter associated with a user's address, starting at zero. It is included in every transaction to prevent 'replay attacks' and ensure transactions are processed in the correct order.
Each new transaction from an address must have a nonce exactly one higher than the last confirmed transaction.
Glossar
Nonce
Function ⎊ A nonce, short for "number only used once," is a crucial component of the block header in Proof-of-Work blockchains.
Sequential Counter
Counter ⎊ A sequential counter, known as the nonce in blockchain terminology, is a non-repeating number associated with a specific address.
Transaction Nonce
Provenance ⎊ A transaction nonce, within cryptocurrency systems, functions as a unique, incrementing counter associated with an address, preventing replay attacks and ensuring the sequential ordering of transactions.