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A blockchain explorer is a website that lets users look up details about cryptocurrency transactions available on blockchain networks. One of the most used blockchain explorers is Solscan. Its main characteristic is to track transactions. These include searching for information on the Solana blockchain, which encompasses cryptocurrency transactions, addresses, smart contracts, and tokens. Solscan can simplify complex transaction facts, making it always available. Furthermore, Solscan can supply other important facts, together with the destination of the staked price range.
What Is The SolScan?
SolScan is a statistics analytics platform designed for studying specific information inside the Solana blockchain. While Solana has its legit blockchain explorer referred to as the Solana Explorer, SolScan has emerged as an extraordinarily famous option.
With SolScan, you can easily access and comprehend transaction information inside the blockchain. Blockchain facts can seem complicated due to its numerous numbers and long codes. However, SolScan simplifies this method significantly. Through SolScan, you gain complete access to all activities on the Solana blockchain, which include the ability to observe transactions, blocks, smart contracts, and tokens recorded on the blockchain.
Features of Solscan
Solscan operates by constantly scanning and updating statistics on the Solana blockchain in real time. If you’ve performed a transaction on Solana, you could anticipate every detail of that transaction to be accessible through Solscan. Here are some of the key features of Solscan:
1. Transaction Tracking on Solscan
To find out the transactions through Solscan, clearly copy and paste the specific transaction signature into the search bar placed on the Solscan homepage. This signature comprises a long string of alphanumeric characters important for verifying blockchain transactions. You can locate this signature in your smart contract.
2. Viewing Address Activity on Solscan
For getting a comprehensive history of a specific address through Solscan, observe the same method as for tracking transactions. Begin with the aid of pasting the address into the search bar and press Enter. This will provide you with a general overview of the present-day wallet balance and transaction records related to that deal.
3. Token Tracking with Solscan
Solscan additionally offers the important feature of monitoring tokens. For this, you have to enter the token name or contact address into the search bar on the homepage and hit Enter.
4. Accessing the DeFi Dashboard
The Solana Ecosystem provides diverse, decentralized exchange (DEX) programs, each with its specific functions. Solscan, with ease, affords a DeFi dashboard on its homepage for smooth access to those DeFi functionalities.
5. NFT Tracking via Solscan
You also can explore all available Solana ecosystem NFTs, which include DeGods, and the usage of the NFT dashboard from the homepage of Solscan.
How Does Solscan Operate?
Solscan works after systematically scanning information across the Solana blockchain and presenting real-time updates. If you’ve been engaged in any transactions on Solana, you can assume to discover detailed information about them on Solscan. Here a different ways for Solscan to supply unique statistics about the Solana blockchain:
- Data Extraction from Solana Nodes: Solscan’s nodes accumulate statistics from the Solana blockchain.
- Data Organization: The accumulated information is then sent to Solscan’s database program, where it’s structured into searchable tables and supplied in a simplified layout.
- User Interface Server: The server on the user interface creates an internet web page that allows you to enter your search criteria.
- Query Conversion: Solscan’s API converts your search query into a system-readable format.
- Data Transmission: The user interface server transfers the query to the backend server.
- Information Retrieval: Depending on your request, the backend server searches through the data that is available and converts it right into a format that humans can easily understand.
- Results Presentation: The user interface server then relays the information returned in your web page in a user-friendly layout, making it smooth with a view to recognize and navigate.
How To Use The SolScan?
The process of using the SolScan is an easy procedure. Here are some basic steps for it:
Step 1: Visit the SolScan Website
To visit SolScan’s website, which offers a smooth-to-navigate interface with a wide variety of functions, go to the homepage.
Step 2: Search for the Account
Once you are at the SolScan homepage, discover the search bar at the top of the web page. Enter the account address you want to discover, and then press Enter.
Step 3: View Account Details
Upon coming to the account address, you will be directed to the account info web page. Here, you may evaluate the account’s balance, transaction records, and other important statistics.
Step 4: Analyze Your Portfolio
The SolScan empowers its users to analyze portfolios after getting the account’s general balance in addition to the balance of each token within your portfolio.
Step 5: Monitor the Market
SolScan offers actual-time updates on token prices, buying and selling volumes, and different pertinent market facts, enabling you to check the market effectively. Information including SOL Supply, Current Epoch, and Total Staked (SOL) may be effortlessly accessed.
Step 6: Keep Tabs on Validator Performance
The SolScan also presents real-time updates on validator performance, inclusive of uptime, stake, and other key metrics. This function permits you to stay knowledgeable about the performance of validators.
Conclusion
SolScan stands as a strong and treasured tool designed to cater to Solana users, regardless of whether they’re seasoned investors or beginners in the cryptocurrency sphere. SolScan equips you with different features geared towards supporting, tracking, and dealing with your investments effectively. Whether you are a passionate dealer or simply starting your crypto journey, SolScan provides you with fundamental insights and tools to make well-informed selections. With SolScan, you benefit from the functionality to hold a close eye on your portfolio, examine market tendencies, and optimize your buying and selling techniques, all with the goal of maximizing your returns.
