Cryptorias

Ways to verify an Ethereum transaction

Ways to verify an Ethereum transaction

To check the status of an Ethereum transaction, use a blockchain explorer and enter the transaction hash to view details such as sender/receiver addresses and gas fees. Transactions on the Ethereum blockchain are initiated by external account owners, and need to be broadcast to the entire network for validation. Different types of transactions include regular transactions, contract-execution transactions, and contract-deployment transactions. Checking a transaction’s status helps traders monitor the cost of using the network, determine if the gas fee they paid is sufficient, and ensure smooth Ethereum transactions when sending and receiving funds or deploying smart contracts.

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