Chain Explorers

If you’re involved with crypto, DeFi, or NFTs you have likely heard of explorers like Etherscan and maybe you’ve used it a little. Below are the explorers for the chains which we trade on Flooz and what each term means when looking at them.

Explorers: Ethereum: Etherscan Binance Smart Chain: BscScan Polygon: Polygonscan

When you interact with the blockchain by either trading, transferring, or interacting with it using your wallet, you’ll always receive a transaction id reference number. You can use this (or wallet addresses) within the explorers. This enables you to have a look in detail at what happened with each interaction. Don’t worry if this seems overly complex; we’ve provided some helpful terms below, but also Flooz is planning to take the pain out of blockchain explorers and provide you with everything in simple terms in our wallet.

Explorer terms to know and understand
  • Transaction Hash: The transaction hash is a unique string of numbers and letters assigned to every single trade with the blockchain. Think of them as a receipt/proof of purchase.
  • Status: The status will almost always be either Processing, Success or Failure. If it’s a failure, it will tell you why.
  • Block: The blockchain is a public ledger, and trading data is stored within blocks on the ledger. Your “block” number is the exact spot in the blockchain where this transaction took place.
  • Timestamp: When the transaction was confirmed.
  • From / To: From, and to whom the transaction was sent.
  • Value / Transaction Fee: The value is how much was spent on this transaction, and ‘transaction fees’ is how much it costs in ‘gas’ to submit and complete the transaction.
  • Gas: The gas section here goes more in-depth into what exactly went down with the transaction’s gas if you think it was too high.
  • Others: The most important thing to note here is the nonce number. Every wallet has to assign a unique nonce to every transaction that it does.