This makes it easy to sort and filter the data you need. They translate technical blockchain data and present it to users via a friendly interface. Similarly, block explorers present blockchain data. And they offer a user-friendly interface to help you find any data you need without knowing the technicalities. Search engines like Google, Bing, or DuckDuckGo keep track of internet data stored across servers worldwide. What Is a Block Explorer?īlock explorers help visualize the data related to a blockchain, and we can imagine them as blockchain search engines. Before we go into more detail about what you can do with Etherscan, let’s understand what a block explorer actually means. You can use Etherscan to assess information on a wide range of Ethereum activities such as ERC-20 token transactions, NFT mints, smart contract details, wallet balances, and more.Īnd that is still only scratching the surface of what’s possible with Etherscan. But what is Etherscan? How does it work? In this article, Ledger Academy explains how you can use it to navigate the Ethereum ecosystem better.Įtherscan is a block explorer and analytics platform that tracks and sorts the Ethereum blockchain’s data into easily navigable information. In fact, many on-chain sleuths and blockchain detectives on the Ethereum network use this tool. If you understand how Etherscan works, you can navigate the explorers for almost any blockchain. And the most popular block explorer for Ethereum - the largest dApp blockchain - is Etherscan. To help you with that, there exist block explorers. However, while all data is readily available, you may find it challenging to access and understand accurate information without the right tools. Thankfully, blockchains store all transaction data in a transparent public ledger. It can help you gain crucial insights into cryptocurrencies, NFTs, and decentralized applications (dApps). The skill to read blockchain transactions and data are essential for anyone to go from a beginner to a pro blockchain user. Using Etherscan, you can find anything from basic information such as token balances and average gas fees to more technical details like smart contract creation and transactions. Etherscan is the most popular block explorer on the Ethereum network and is free to use. Block explorers allow users to visualize blockchain data and find information like transaction history and wallet balances, much like a search engine allows you to explore internet data.
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