Things can get confusing on the Ethereum blockchain. Etherscan and it’s capabilities to navigate through all the public data on the blockchain solves that, making reviewing transactions easier than ever.
To use Etherscan, simply enter any public Ethereum wallet address into the search field at the top of the Etherscan.io homepage. Doing so will allow users to view all the transactions associated with that address.Exploring a wallet address on Etherscan under the “Transactions” tab will show a list of all ETH transactions , or transactions that have used gas associated with that specific wallet.
The block height refers to the block in which the transaction was included. The sender and recipient addresses and the total transaction fee are shown as well. The value of the transaction in ETH, as well as the USD value of ETH at the time of the transaction, can also be viewed. Etherscan also displays the timestamp for each transaction in addition to the transaction cost, denominated in USD.“Gas” refers to the transaction fee associated with a transaction to be executed successfully on the Ethereum blockchain. Transaction costs on Ethereum are referred to as gas fees.
To determine a transaction’s gas fees with accuracy, it’s best to use Etherscan’s gas tracker. Etherscan’s gas tracker does more than simply show users the difference in gas prices at various time intervals. It’s also useful for estimating how congested the network is and what the transaction cost will be per transaction.
Removing a token’s access to the user’s wallet can be achieved using Etherscan’s Token Approval Checker. When users interact with DApps to buy or swap tokens, they tap directly into a user’s wallet with their permission. Therefore, DApps are an appealing target for scammers looking to gain access to users’ Ethereum wallet addresses.
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