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What is Blockchain Explorer?

What is Blockchain Explorer? Check transactions on Blockchain using Block Explorer

What is Blockchain Explorer? How to know which Blockchain uses which Explorer? How to check transactions on Blockchain with Block Explorer?

If you are learning about Blockchain, you have probably heard the phrase “Blockchain Explorer”.

This article will help you understand what Blockchain Explorer is and some of the basic uses of blockchain explorers.

What is Blockchain Explorer?

Blockchain Explorer (or Block Explorer) is a piece of software that takes raw data from nodes on a Blockchain, then organizes them into human-readable data and displays them to users through an API.

In which, API (Application Programming Interface) is the application programming interface. The interface here is not the “surface” for humans to contact the computer, but the interface between the software and the software.

You can understand this is an intermediary window that allows software, applications, or systems to communicate with each other and take advantage of each other’s capabilities.

Ethereum’s Blockchain Explorer Example

There are many Blockchain Explorers operating in the market, usually each blockchain will have one or more different explorers. The most popular are Ethereum’s etherscan, BSC’s bscscan, Polygon’s Polygonscan,…

Blockchain Explorer is an important part of cryptocurrency’s mission of transparency and decentralization.

Blockchain Explorer providing visibility of all transaction data is one of the key differences between cryptocurrency and regular currency.

What is Blockchain Explorer used for?

Blockchain Explorer can be compared to the Google of cryptocurrency and public blockchain.

At a basic level, they allow users to access information related to transactions on specific blockchain and wallet addresses, including the amount transacted, the source and destination of the funds, and the status of the funds transaction.

Normally, Block Explorers will have the same interface, features and usage, you can refer to the following detailed Etherscan article and apply the same operations with other Block Explorers!

In general, Block Explorer has three common uses that you need to know:

Review Blockchain overview & market data

Check Blockchain and market overview on Blockchain Explorer

When accessing the homepage of Block Explorer, you can find an overview of that Blockchain & market data such as:

  • The price of the native token.
  • Market Cap or market capitalization.
  • Blockchain stats or other statistics of Blockchain.
  • And much more info…

Some Block Explorers also provide other stats such as deeper statistics related to Market Data (market data), Network Data (network data),…

Access latest blocks & transactions

Access information on the nearest Blocks & Transactions on Blockchain Explorer

Normally, on the homepage of the Block Explorer will provide users with information about the most recent blocks & transactions on that blockchain.

Users can access each block to view the transaction orders in that block, or directly review the content of the most recent transaction orders.

But on Etherscan, you can see a summary of the last 6 blocks and 6 transactions on Ethereum. If you want to see more, you can click “View all”.

To see more details about specific blocks and transactions, click on that block or transaction, Block Explorer will take you to a more in-depth overview of the parameters of that block or transaction.

Check transactions on Blockchain, block, any wallet address

Find transaction information, block, any wallet address on Blockchain Explorer

The search bar on Block Explorer is where you can look up some of the following information:

  • Block: Block height (block number).
  • Transaction: Transaction Hash/ID.
  • Wallet: Wallet address.
  • Ethereum Service Name (ENS).

Check transaction information on Blockchain with Block Explorer

A common use case you can try on Blockchain Explorer is to check the status of a transaction. This can be done by copying and pasting the transaction ID into the search bar.

Another common use is to use Blockchain Explorer to check a specific wallet, see what tokens they hold, trade and transfer orders, and more.

Find information about Tokens issued on Blockchain

Find information about Tokens issued on Blockchain

You can also view all assets issued on public blockchains by searching for the token address in the search box.

Here you can find information such as: name of the asset, market cap, current price, total supply and the address of the creator.

How to Search Explorer of a Blockchain

Blockchain Explorer is plentiful on the market, with nearly every public blockchain having one or more explorers.

The most prominent of which is still the explorer provided by the team behind Blockchain such as:

  • Ethereum Block Explorer is Etherscan.
  • Binance Smart Chain Block Explorer is Bscscan.
  • Fantom Block Explorer is FTMscan.

And many other Blockchain as shown below:

Some popular Blockchain Explorer

In case you come into contact with a new blockchain and don’t know where to look for Block Explorer, you can visit Coinecko or CoinMarketCap to get their explorer information.

Blockchain Explorer FAQ

What is the difference between a confirmed and unconfirmed transaction?

Unconfirmed transactions are those that have not been included in the block. Depending on the blockchain and network congestion, a transaction can take several minutes to receive at least one confirmation.

In some cases, the transaction may remain unconfirmed for a longer time, such as if the fees paid are too low. Confirmed transactions are transactions that have been added to the block.

How to check transaction information on Coin98 Wallet has gone or not?

You can go to explorer to search for your address or transaction ID to see if the transaction has been verified.

Coin98 Mobile Wallet currently supports users to look up addresses, txid and transaction-related information right on the app at reputable and orthodox Explorer addresses of blockchains.

Specifically Bitcoin, Ethereum, Binance Smart Chain, HECO Chain, Solana, Near, Avalanche, Tron, Polkadot, Kusama, Cosmos, THORChain, Terra, BandChain, TomoChain, Celo without wasting time and effort searching and tracing access multiple websites.

To use this feature, do the following:

Step 1: At the main screen interface, select Terminal.

Step 2: Select Blockchain Explorers.

Step 3: Select the blockchain you want to look up, for example, I choose BNB (Binance Smart Chain).

Step 4: Copy the Address, TxID or Block and paste it into the search box, or you can use the QR code scan icon on the right. You can view transaction-related information on the respective blockchain scanners.

Order completed on Coin98 Wallet but asset balance not updated?

This is just a display issue, you just need to wait a moment for the prediction number to update or exit the app to re-enter.

Why can’t ABC Token be checked on Explorer?

Explorer only supports checking transactions related to Tokens issued on that Blockchain. You cannot check an Issued Token on Ethereum with BSCscan.

In case you do not know which Chain the Token is on, you can visit Coinecko or Coinmarketcap to review the information:

How to check if the token is being stored in the wallet?

On the wallet interface, you can select “Terminal”, then select “Blockchain Explorers”, select the appropriate blockchain and enter the wallet address to check the tokens in that wallet.

Summary

If you have other questions related to the above topic, please comment below so that idolmeta.net can help you right away!

Don’t forget to follow the Investment Knowledge section of idolmeta.net to be updated with all the latest knowledge in the Crypto market, and instructions for using exchanges, wallets or tools to serve the process long-term Crypto investment program!

 

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