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Block #9

Lese on-chain

Reading a transaction in the block explorer

A block explorer is a network's public ledger. Understanding the fields means never again relying on an app's status bar.

Fleur de WitSkrevet av Redacteur banken, RotterdamOppdatert Kvalitetssikret av redaksjonen

The transaction hash is your evidence

Every transaction has a unique hash permanently referring to that payment message. Keep it for every transfer.

Search the hash in the explorer of the right network; networks do not share ledgers.

Status, confirmations and block height

Pending means broadcast but not yet in a block. Failed means processed but not executed — on Ethereum that still costs gas.

Confirmations count the blocks stacked on top; more confirmations make reversal practically impossible.

  • Pending: sent, awaiting inclusion
  • Failed: included but not executed
  • Confirmations: deeper is more final

Addresses, amounts and fees

The explorer shows sender, receiver, amount and fees paid; token transfers appear separately under the transaction.

For tokens, check the contract address rather than the name — names can be copied.

Common situations

A long-pending transaction usually carried too low a fee; depending on the network you can speed it up or replace it.

Funds that seem lost are often at the right address on the wrong network, especially with multi-chain stablecoins.

Ofte stilte spørsmål

Where do I find my transaction hash?

In your wallet or exchange history, usually labelled TxID or transaction hash.

How many confirmations are enough?

Many parties use three to six for bitcoin; larger amounts justify waiting longer.

Can I cancel a sent transaction?

Not once confirmed. While pending, some networks allow a replacement with a higher fee.

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