The basics of crypto trading
Etherscan is a intuitive and simple platform that is used for searching and reviewing stats on cryptocurrency and mining.
Etherscan is a service where everybody can review stats on Ethereum blockchain. The main purpose of the platform is reflecting data regarding last transactions that were made through Ethereum blockchain. The data can be viewed without registration or paid subscription. The platform is open for everyone to view data and its alterations in real time.
The platform is not overloaded with functions, has neat and enjoyable design, and intuitive interface. The main disadvantage for Russian speakers is a lack of Russian version. You can only choose from English or Chinese, other languages have not been added yet.
The Etherscan blockchain explorer is used to view the most relevant and verified data on blocks and transactions. Beginners rarely show interest in such data, only to tell if a certain cryptocurrency is popular and in demand.
The website https://etherscan.io/ should be interesting to users who work with Ethereum. The platform can be used to collect and view detailed data on the currency and blocks. There are several similar services that focus on other cryptocurrencies, such as Bitcoin, Zcash or Monero.
When it comes to Etherscan, it can be helpful for the following categories of users:
The platform is used by people from all over the world. Moreover, the data is monitored even by blockchain developers themselves.
For beginners, it’s not so easy to grasp how to use Etherscan on the go. Especially if you’re not exactly sure what it’s used for. The main purpose of this blockchain explorer is to reflect real-time data on transactions that are made through Ethereum blockchain. This data can be viewed on the main page of the site:
In an upper part of the page there is data about the coin itself, namely market cap, cost, and percentage alterations. In addition to that, there is data on a number of transactions, hash rate, and mining difficulty. Here, you can turn off the constant data update and view the previous data. In an upper right corner, there is a chart that shows Etherium transaction history in 14 days. In a bottom part of the page, there is a list of the most recent blocks and transactions.
You can find data on the transaction you’re interested in through the search field. It’s the most popular feature of the platform since most users visit the site only to see whether their transaction has already gone through or is only being processed. To do that, follow these simple steps:
A full list of processed transactions is available шn the “Blockchain” tab. In the same tab you can view pending transactions (a pool) that were not processed yet. The lower the gas, the longer the transaction will be processed, since miners usually process the most profitable transactions first.
On a “View Blocks” page you can see a list of operations within the blocks, and go to the page with data for each individual block from there.
The functionality of the service is not limited to viewing, searching and checking the status of blocks and transactions. Here, you can find many helpful stats. This includes:
Finally, you can create an account to discuss mining and share experience with other users of the site.
Etherscan is not only a block explorer that can be used to view Ethereum transactions. The platform has all the data that a miner, investor or wallet owner may need to conduct business effortlessly and efficiently. On top of that, on the website you can also view data on ERC20 tokens.