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Transaction Simulation

Definition

Transaction Simulation is the process of executing a proposed blockchain transaction in a controlled, hypothetical environment before its actual broadcast to the network. This allows users and developers to predict the transaction’s outcome, including gas costs, state changes, and potential errors, without committing it on-chain. Simulation tools are crucial for identifying vulnerabilities, preventing accidental losses, and optimizing smart contract interactions. They provide a vital layer of security and predictability for complex decentralized operations.