How to do a blockchain lookup
Users have to deal with the problem of tracking the money that was sent within the blockchain network. The reason is that the system is still far from perfect and today, when the popularity blockchain is at the peak, few people get to make a transaction without issues. That is why it is so important to learn to how to do a blockchain lookup and see what stage the transaction is currently at.
In order to find out whether the cryptocurrency payment has gone through, you need to go through a certain procedure. However, open access to the system does not mean that you can easily find a payment there – firstly, you need to have the source information about it. And there are three types of records in the blockchain:
- The first is the address belonging to the sender. This information in the system is called the input;
- The second type of information is the amount that is transferred. In the system this is simply called amount;
- The third type of record is the address of the receiver, which is called the output. In the network this data is designated as output.
Based on these data, you can already see how the blockchain transaction is supposed to go. And people often use certain public services for lookup. This is very convenient since most of them do not require registration and it saves a lot of time. Here are a couple of projects that help to find out whether the blockchain transaction has been confirmed or to specify at what stage it is.
- The best one is the resource Blockchain info. This is an online service where you can quickly and easily check Bitcoin; it has been operating since 2011. In addition, one of the main areas of this service, in addition to working with wallets, is the constant monitoring of the blocks. And this makes it possible to save considerably on carrying out research. By the way, there are a lot of graphs, tables, statistics and a lot more that makes the resource unique and incredibly convenient. It is quite simple to understand even for beginners.
- Another fairly popular and convenient resource is Chain.so. Its main advantages are publicity and the fact that it is absolutely free but at the same time it works without fail. It is an excellent option to lookup at what stage is the transaction is online: whether it has passed or not yet. It works very fast since it searches for a transaction that interests the user among the payments that already exist in the system. When the transaction is found, the system provides a complete list of information. All this takes a minimum amount of time.
As for the process of checking the transaction itself, it goes through the standard scenario. For example, let's take the already mentioned service Blockchain info:
- At the first stage, the user is required to go to the official page on one of these resources or any other one that suits you best;
- The next step is to go to the section with the information;
- Once you open the page, you should see a search box. Enter the hash of the transaction you are interested in;
- If the data is correct, the page will show the current state of your translation.
The lookup mechanism of such resources is very powerful. They will be able not only to track the transaction but also to show all the information that the blockchain stores including the status of the application, how many blocks have been passed and how much is left. In general, it is not difficult to check the current state of the transaction so you should figure it out fairly quickly.