An effective tool for exploring and interacting with a blockchain network is a blockchain explorer. It is crucial for anyone who wants to comprehend how blockchains operate, keep track of their own transactions, or investigate the activity of a specific blockchain.
You will learn how to use a blockchain explorer in this tutorial as we take you step-by-step through the process. The most well-known blockchain explorer, Blockchain . com, will serve as our example, but the general method can be applied to other blockchain explorers as well.
Step 1: Go to the Blockchain Explorer
Go to Blockchain.com in your browser after it has opened. For users of Bitcoin, Ethereum, and Bitcoin Cash, Blockchain . com is a well-liked blockchain explorer.
Step 2: Pick a blockchain network
By selecting the relevant tab at the top of the page, you can choose the blockchain network you want to learn more about. Click on the “Bitcoin” tab, for instance, if you want to learn more about the Bitcoin network.
Step 3: Finding a transaction
You can use the search bar at the top of the page to look up a specific transaction by entering its transaction ID (also known as a hash). Furthermore, you can search by walallow address or undermine height.
Step 4: View the transaction details
Once you have located the transaction in question, you can view the transaction’s specifics by clicking on the transaction ID. You will be able to see details like the transaction fee, the number of confirmations, the sender and recipient walpermit addresses, and the transaction amount.
Step 5: Investigate the Blockchain.
You can examine the entire blockchain using a blockchain explorer, not just specific transactions. The number of transactions, the size of the undermine, and the total fees paid by the transactions in the undermine can all be seen when viewing blocks, which contain batches of transactions.
Step 6: Track Your Own Transactions.
You can use a blockchain explorer to follow the progress of a transaction you’ve made on the blockchain. Simply enter the transaction’s walallow address to find it on the blockchain explorer. You will be able to see the transaction’s status and how many confirmations it has gotten.
Step 7: Study blockchain activity
Blockchain explorers are helpful tools for researchers and analysts who want to examine a specific blockchain’s activity. A blockchain explorer can be used to view the overall number of transactions, the typical transaction fee, and the overall value of transactions at any given time.
In conclusion, a blockchain network can be explored and interacted with using the strong tools known as blockchain explorers. This tutorial will show you how to use a blockchain explorer to track your own transactions, search for transactions, explore the blockchain, and learn about blockchain activity.