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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.

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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.

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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.