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How can I use a bitcoin explorer to monitor the blockchain?

avatarNiko YamiDec 16, 2021 · 3 years ago1 answers

I am new to bitcoin and I want to learn how to use a bitcoin explorer to monitor the blockchain. Can you provide a step-by-step guide on how to do it? I would also like to know what information can be obtained from a bitcoin explorer and how it can help me in monitoring the blockchain.

How can I use a bitcoin explorer to monitor the blockchain?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Of course! Monitoring the blockchain using a bitcoin explorer is a breeze. Here's how you can do it: 1. Visit a trusted bitcoin explorer website like Blockchain.com or Blockchair. 2. Enter the bitcoin address or transaction ID you want to monitor in the search bar. 3. Explore the transaction details, such as the sender and recipient addresses, transaction amount, and transaction fees. 4. Keep an eye on the transaction status and confirmations to see if it's been included in a block. 5. Stay updated on the latest blockchain activities and changes related to your transaction. Using a bitcoin explorer allows you to stay informed about the bitcoin network. It helps you track transactions, verify addresses, and ensure the security of your bitcoin holdings.