Most retail traders use technical analysis to make trading decisions, but more and more people are starting to ignore the analysis of charts and choose to focus on fundamental analysis. This article will introduce you to the basics of search blockchain by address browsers and the different ways they can be used in transactions. Blockchain browsers are the key bridge between blockchain and cryptocurrencies and play an important role in presenting on-chain transparency. This article will delve into what a blockchain browser is and how it works!

 

The Blockchain browser is a tool commonly used in cryptocurrency analysis to help you get real-time, historical information on the chain, including transactions, wallets, and blocks on a particular chain.

 

The blockchain browser acts as a graphical user interface (GUI) for the blockchain, presenting all on-chain information in a form that makes it easier for people to interpret.

 

For example, a trader can use the blockchain browser to monitor the transaction records and positions of a specific wallet address (for example, to track well-known traders), or to monitor the usage and security status of a specified decentralized application (dApp).

 

Blockchain browsers offer a variety of ways for beginners as well as experienced traders to use them, which we'll explore in depth later.

 

There are many different Blockchain browsers in the market, the most popular of which are Etherscan (for Ethereum), BscScan (for BNB chain), SolScan (for Solana), TRONScan (for Tron), and Blockchain (for multi-chain).

 

How does a blockchain browser work?

Blockchain browsers present on-chain information in a more understandable form, extract the data from the chain, enter it into their database, and make it available to users. We can search by wallet address, transaction ID or contract address.

 

Blockchain browsers are a key bridge between blockchain and cryptocurrencies, and there are multiple ways to use them. This article only covers some of the basics, once you start learning to use, there will be many more features waiting for you to explore! It is recommended that you try out different tools and learn more about how they work.