Basic Features of a Blockchain Explorer

A blockchain explorer provides various insights into network activity, including:

1. Transaction Details

  • Every transaction on the blockchain has a unique transaction hash (TX Hash).
  • Clicking on a TX Hash in an explorer reveals:
    • Sender & Receiver Addresses: Who sent and received the transaction.
    • Transaction Status: Whether the transaction succeeded, failed, or is pending.
    • Block Number: The block in which the transaction was confirmed.
    • Gas Fees: The cost paid for the transaction (in ETH, SOL, etc.).
    • Smart Contract Interactions: Whether the transaction involved a DeFi protocol, NFT mint, or token swap.

2. Token & Token Holder Data

For any token contract, you can check information such as:

  • The Top Holders: The largest wallets holding a specific token
  • Supply Distribution: How concentrated the token supply is
  • Transfers: Recent transfers of the token across wallets.

3. Network Blocks & Validators

Blockchains process transactions in blocks, which validators or miners create.

Explorers show:

  • Latest Blocks: Recently added blocks to the chain.
  • Validator Information: The entity responsible for validating the block (PoS networks like Ethereum and Solana display this).
  • Epochs & Finality: On Solana, for example, you can track validator rewards and epoch progress.

4. Contract & Smart Contract Execution

On EVM-compatible chains (Ethereum, Avalanche, BNB Chain), smart contracts can be explored to:

  • Read contract functions.
  • View interactions with DeFi, NFTs, and DApps.
  • Check the source code (if verified) for transparency.