Here is an article on how to parse TransactionInstruction in new Web3.js:

Parsing Transactions and Instructions in New Web3.js

As of our latest update, Solana’s @solana-program/compute-budget library has been moved to a separate module. To work with this new API, you’ll need to make sure you have the correct version of Web3.js installed.

To parse transactions and instructions in new Web3.js, you can use the following code example:

const web3 = require('web3');

const TransactionInstruction = require('@solana-program/compute-budget').TransactionInstruction;


// Create a new Web3 instance

const web3 = new web3.Web3(new  // Replace with your mainnet URL


// Define the transaction instruction to parse

const computeBudgetTransaction = TransactionInstruction.create(

  {

    accounts: [

      {

        pubkey: 'compute-budget',

        key: '0x0000000000000000000000000000000000000001', // Replace with your program ID

        type: 'ProgramInstruction',

      },

      { pubkey: 'get_account_data', key: '0x0000000000000000000000000000000000000002' }, // Replace with the get_account_data instruction address

    ],

    instructionId: 'compute-budget-transaction',

  }

);


// Parse the transaction instruction

const parsedTransaction = web3.eth.getTransaction({

  data: computeBudgetTransaction,

});


console.log(parsedTransaction);

In this example, we create a new TransactionInstruction object using the create method. We then define the accounts and instructionId properties, which correspond to the program ID, get_account_data instruction address, and transaction ID.

Finally, we use the eth.getTransaction function to parse the transaction data from the mainnet API.

Note: Make sure you have replaced the compute-budget program ID and the get_account_data instruction address with your actual values. Additionally, be aware that parsing transactions can potentially expose sensitive information about your program’s internal workings.

Example Use Cases:

• To parse the ComputeBudget instruction in the Solana Explorer, you can use this code example as a starting point.

• You can also add error handling to catch any parsing errors or invalid transaction data.

• When working with new Web3.js versions, make sure to update your dependencies and rebuild your project using npm install or yarn install.

I hope this helps! Let me know if you have any questions or need further assistance.

Importance Wallets Withdrawal Strategies