When people talk about Etherscan, they call it “Ethplorer.” This is the best way to look at all the public data on the Ethereum blockchain.
Data about transactions, wallet addresses, smart contracts, and more can be found in this data set.
The app isn’t sponsored or run by the Ethereum Foundation, which is a non-profit group that doesn’t make money.
There are a lot of experts on the Etherscan team. They made the Etherscan app to make the Ethereum blockchain easier to use for everyone.
Etherscan is a centralized platform, but the app does make it easier for people to search through the Ethereum blockchain with the help of a search engine.
Is Etherscan a wallet?
ETHERSCAN IS NOT A ETH WALLET OR A WALLET SERVICE PROVIDER. It is not even an Ethereum wallet!
The Etherscan wallet isn’t given to users when they search for the Ethereum blockchain on Etherscan, so they don’t get one.
A block explorer called Etherscan.io is not part of the Ethereum network.
There is an app for the Ethereum network called Etherscan. It keeps track of transactions on the Ethereum blockchain.
When the app is done, it shows the results in a way that looks like a search engine.
This lets people look up transactions on the Ethereum blockchain, which could give someone some peace of mind if their money hasn’t yet arrived in their wallet.
App users will need to link Etherscan to a crypto wallet in order to see how their Ethereum wallet address is being used.
Yes, Etherscan is a free tool that you can use.
It is true that Etherscan is free.
What is Etherscan used for?
Etherscan lets people see how much money is in any public Ethereum wallet address.
With Etherscan, you can type in the name of any Ethereum address in the search box to see the wallet’s balance and transaction history.
Etherscan will also show any gas fees and smart contracts that use this address.
Users can use Etherscan to:
- Calculate Ethereum gas fees with the Etherscan gas tracker
- Lookup and verify smart contracts
- View the crypto assets held in or associated with a public wallet address
- Observe live transactions taking place on the Ethereum blockchain
- Lookup a single transaction made from any Ethereum wallet
- Discover which smart contracts have a verified source code and security audit
- Keep track of how many smart contracts a user has authorized with their wallet
- Review and revoke access to a wallet for any decentralized applications (DApps)
Any transaction on the Ethereum blockchain can be seen by users on Etherscan, which is an app.
Failed and pending transactions are included in this group of transactions.
Etherscan can also keep an eye on the progress of a transfer that’s coming in from the outside.
One way to keep track of a transaction with Etherscan is to look it up on Etherscan.io with its hash code.
The hash gives people an idea of how long it will take for the transaction to be confirmed.
When the transaction is done, the page refreshes again.
Analytical platform: Etherscan can also be used that way as well.
Anyone can use Etherscan to look at on-chain metrics like changes to the cost of gas for Ether (ETH). They can also keep track of their portfolio and check their transaction history for suspicious activity.
Only information that is public on the Ethereum blockchain is shown on Etherscan. This means that things like a user’s private keys can’t be seen on the app, like how much money they have.
Private keys aren’t kept by Etherscan, and it isn’t a part of any of the transactions shown on the site.
If a transaction does not go through, the app can’t be used to fix it, either!
Do users need an account to use Etherscan?
Users don’t have to sign up for an account before they can use the Etherscan app.
However, if you sign up for an Etherscan account, you can use more features.
These features include the ability to keep track of addresses and get alerts when a transaction is made.
Developers can also sign up to get free access to Etherscan’s blockchain explorer data and APIs (APIs).
Those who have accounts can add their addresses to the “watch list” on the block explorer so that they can keep an eye on or track their money.
Users can also set up alerts so that they get an email when a transaction comes in.
Etherscan also has API services for developers so that they can make decentralized apps.
Etherscan gives the following information for all transactions:
- Transaction hash
- Number of blocks within which the transaction was recorded and the time at which the transaction was confirmed
- Sender and receiver addresses
- Gas fee
- Amount sent
- Total transaction fee
How does Etherscan work?
Any public Ethereum wallet address can be entered into the search field on the Etherscan.io home page to use the service, so just type it in there.
So, users can see all the transactions that have been made at that address.
Viewing a transaction and wallet on Etherscan
The “Transactions” tab on Etherscan will show you a list of all ETH transactions (Txns) or transactions that have used gas (Gwei) that are linked to a wallet address.
Etherscan’s homepage: Type in the wallet address and click “Search.” You’ll be taken to a page that shows all the information about that wallet.
All of this information will be available. It will show how much ETH the wallet has and how much it is worth in US dollars.
Click on the Transactions tab in the wallet. This will open a new page that shows all the transactions that have happened with that address.
The transaction ID, the block height, and when the transaction was confirmed are some of the things that people need to know about a transaction.
The height of the block refers to the block in which the transaction was found. This is called the block’s height.
There is also a list of both the sender and recipient’s addresses and the total cost of the deal.
When people want to look at and track a single transaction, they will need the transaction hash or transaction ID, or TxHash, to do that.
An “TxHash” is a unique string of numbers that can be used to find a transaction on the blockchain.
It will show up on the Etherscan page when people search for a transaction by its TxHash.
From here, users can go to the Transactions tab to see more about the transaction.
If the transaction was successful or not, as well as how much money was exchanged, this data can help you figure out how much money was transferred.
Also, the value of the transaction in ETH and the value of ETH in USD can be seen.
Etherscan also shows the timestamp for each transaction, as well as the cost of the transaction in dollars.
How to use the Etherscan gas tracker?
“Gas” is the fee that must be paid for a transaction to go through on the Ethereum blockchain.
There are fees called “gas fees” when you use Ethereum to make payments or do other things.
Ethereum’s network can become very crowded.
A lot of people are using Ethereum’s blockchain at the same time, which means the average gas price goes up because people are competing with each other to get their transactions into the next block.
Consequently, transactions take longer and some transactions don’t work.
Depending on the block that your transaction was part of and how much network congestion there is, gas prices can be different.
Users may also not be able to figure out how much gas they’ll have to pay before they start a transaction.
Etherscan’s gas tracker is the best way to figure out how much gas a transaction will cost.
People who use EtherScan’s gas tracker can see more than just how much gas prices have changed at different times.
It can also help you figure out how busy the network is and how much it will cost to make a transaction per one.
The Etherscan gas tracker can also be used as an ETH gas calculator.
It looks at pending transactions on the Ethereum blockchain to figure out how much gas a transaction will need.
Users get a gas fee estimate so they can change the time of their transactions to avoid high network traffic, which can slow down their transactions.
People who do this don’t have to worry about whether or not a transaction will work or not work, which can make them feel nervous.
How to use Etherscan to check the wallet balance and history?
Find the address of the wallet on Etherscan and click “Analytics.” This will show you how the balance in the wallet has changed over time.
The data analytics of a user’s wallet can be found here. This includes the user’s balance in Ethereum, the history of all transactions, and the fees they paid for those transactions.
Using Etherscan to review smart contracts and wallet access
The “Read Contract” and “Write Contract” features of the Etherscan app can be used to read and change smart contracts without having to get permission from anyone else.
These tabs show real-time information about different tokens and smart contracts.
Users can also use these features to start a token transfer and make sure smart contract transactions go through.
Etherscan’s Token Approval Checker can be used to remove a token from a user’s wallet.
They can get into a user’s wallet when they use DApps to buy or sell tokens.
Because scammers want to get into people’s Ethereum wallet addresses, DApps are a good target.
Users can use Etherscan to stop a DApp from accessing a specific wallet address if they think it has been hacked.
Users will not lose their money in the wallet, but they will have to authorize the tokens again the next time they use the DApp, so they will have to do this again.
If you want to use Etherscan to look at a user’s approved token list, look up the user’s wallet address on the tool.
Doing so will give users a list of all smart contract interactions that can be done with that wallet.
Once they’ve done that, they can connect their wallet to Etherscan and click “revoke” to make sure that a specific DApp doesn’t have any access to the user’s wallet again.
The road ahead
Etherscan is one of the best ways to get trustworthy Ethereum blockchain data.
Etherscan lets you look at smart contract code, track gas prices, and keep an eye on the Ethereum blockchain in real time, all from one place.
Finally, Etherscan is free and doesn’t require users to register in order to use all of its tools.
As a whole, it’s a good place to start for people who want to learn how a blockchain works and how to use their Ethereum wallet and a blockchain explorer.
