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Going crypto is not that easy, is it? The abundance of different terms, rules, protocols, alarms and other tech things - go figure! To understand the crypto world, you need to start with the bare minimum. This article describes how to use Ethereum block explorers. You will find the meaning of each semester, track your transaction and know every single detail about it.

Ethereum and smart contracts

Ethereum is a pioneer blockchain network with its own ecosystem and programming language (solidity) decentralized, which developers use tools to create blockchain-based applications (dApps) running on smart contracts. Smart contracts provide a piece of code that governs behavior of a particular dapp in the ethereum's ecosystem conditions.

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Ethereum Block Explorer

All transactions related to Ethereum and Smart Contracts can be tracked on a dedicated Block Explorer. Here are the most commonly used ones:

All of these websites display data on Ethereum's blockchain in public and help you track your transaction. There is basically no difference between them. Whatever you choose, the information always stays the same, so it's best to sign up for you and go ahead!

How can I track a transaction?

To track the transaction in the Ethereum Block Explorer, you must receive a transaction hash (tx hash) when sending money from Atomic Wallet in transaction history. This is a unique code combination with '0x' that you will find your transaction in billions of others. You have to copy this hash and paste it into a block explorer search box.

Here is a random transaction from the Ethereum blockchain. Let's take etherscan.io as an example. You can see ETH sent here to an ERC20 address.

You can track the status of the transaction, its hash block, the date and UTC time when it is complete, the sender and recipient addresses, the quantity sent, the fee, and the recipient's private note. Nothing special, isn't it?

What happens if I send tokens?

If you are tracking an ERC20 token transaction, you will see another “Transfer Tokens” field on the information page.

Here you will find a destination address. As we can see, this is a transaction for ~ 980 AWC from one ERC20 address to another. Make sure the value is 0 ether because ETH was not used in this transaction.

What is a contract address?

First, let's find out what a sign represents. In the network, a token is a unit of an intelligent contract that is used for in-contract processes.

Ethereum handles millions of smart contracts, each of which has its own address in the network. Every time you initiate a transaction with a token, you can send those tokens to a smart contract address that will process the transactions. Once the tokens to that address are received, your transaction will be carried out and your tokens will be sent to the destination address.

You can see this process in the "Status Changes" tab.

What can go wrong?

In certain cases, your transaction can fail for a number of reasons. In this case, when tracking a transaction, you will see something.

It means that your transaction to the blockchain was broadcast, but not, and the money was not anywhere.The errors may have gone differently:

fees

Every transaction in the Ethereum network has its costs in GAS, a universal unit of network charges. The amount of gas varies and depends primarily on a network workload. You can see the detailed information about the network fee taken when you click on "see more".

vocabulary

Atomic Wallet and Ethereum

Considering Atomic Wallet as the ultimate tool allows Ether and everyone to exchange ETH and more than 60 and manage it. Everything in one surface. All your private keys are encrypted on your device and give you full control over your money.