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What is Etherscan? All you need to know about Ethereum’s ‘Google’

Tokens based on the Ethereum blockchain are quite popular among crypto investors, and if you are looking for information on ERC-20 tokens, then Etherscan is the place to go.

So read: Canada’s Newton crypto exchange hacked? Find out more here

On June 3, it appeared that crypto enthusiasts were searching about Etherscan. Hence, we have further researched the ‘Google’ of the Ethereum blockchain and here’s what we found:

What is Etherscan?

In simple terms, Etherscan is the explorer of the Ethereum blockchain. Users can use this free tool to look for any wallet, smart contract, NFT, previous transaction or anything else in Ethereum’s history.

ETH, the native token of the Ethereum network, is the world’s second-largest cryptocurrency by market value and is widely used for cryptocurrency investing, trading, and other activities.

All transactions, like those of other cryptocurrencies, are publicly recorded in a huge database known as a blockchain. Hence, if a user wants to find anything, they can use Etherscan to discover more about the Ethereum network’s transactions.

You can use most of Etherscan’s capabilities by going straight to the website and searching. However, a user will need the wallet’s public address or transaction ID to locate specific digital assets, transactions, or wallets.

Etherscan allows users to search via a transaction ID, block, token, or the Ethereum Name System. They may also examine recent transactions and explore the Ethereum network’s current state on the homepage.

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Before using Etherscan, users are not required to create an account. However, signing up for an Etherscan account gives access to some additional services. The ability to receive notifications of a transaction is one of the extra features.

Also, users can add their addresses to the block explorer’s “watch list” to follow or monitor their investments. Users can also configure alerts to receive email notifications for all incoming transactions. Etherscan also offers developers API services to help them build decentralized applications.

So read: Why is NuCypher (NU) crypto skyrocketing with 20,000% volume gains?

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