Once the transaction is initiated, we need to keep an eye on the transaction to find the status of the transaction and whether it has been confirmed or not and if it is not confirmed by the network then what could be the reason behind the rejection? To find all the problems regarding transactions we need to follow a specific procedure that we discussed in the article.
So let’s get started and find the solution to check the Ethereum transaction!
What Is Ethereum Transaction
Every single conversation on the Ethereum blockchain is known as a transaction and the Ethereum transactions are used to send data and value from one party to another. Whenever someone has the intent to send data to another party, firstly they need to be validated by each node on the Ethereum blockchain network using a smart contract. After validation transactions would be sent successfully to the receiver and would also be updated on the entire network.
Each Ethereum transaction has a unique hash (identifier) for the authorization and digital signature that represent the authenticity, sender and receiver address, amount to be sent, and gas fee.
How to Check Your Ethereum Transaction
Before going to check the Ethereum transaction we will know why we need to check the Ethereum transaction. So, we check the Ethereum transactions due to the following reasons:
- To confirm whether the funds were received by the recipient or not.
- To check the transaction status whether it is confirmed or pending.
- To check the verification details such as the amount, date and time, and addresses.
- To detect errors most of the time transactions could be failed due to Incorrect addresses, inadequate finances, or network congestion are examples of such issues.
- Transaction monitoring to achieve the security of transactions
Due to all these mentioned factors we need to check the Ethereum Transaction. Now finally we will discuss the to check your Ethereum transaction so here are a few steps to check it:
Step 1: The very first step is to find the transaction hash (unique identifier of your transaction), you can find it on your crypto wallet or blockchain explorer website.
Step 2: Once you find the hash of the transaction, Use a blockchain explorer (Etherscan, Blockchair, Arbiscan, SolanaFM, Solana Explorer, Polygonscan, and Blockscout are some prominent Ethereum blockchain explorers). A blockchain explorer is a website through which you can search and display information on Ethereum transactions, blocks, and addresses by entering the hash of the transaction.
Step 3: Once you open the blockchain explorer, enter the hash in the search bar and hit “Search”. After that, you will receive desired information about the transaction (Confirm receipt of funds, Track transaction status, amount of transaction, date/time of the transaction, error detection, and security).
Step 4: Check the confirmation of the transaction whether it is done or pending for further proceedings on the Ethereum network.
Note: It may be done in a few minutes but sometimes it could be time taking because of congestion on the network so it could take more time to proceed.
Step 5: You can also view more details about the transaction like confirmation, gas fee, and other relevant details.
When the transaction travels from a source to a destination over the Ethereum blockchain network. It goes through the different processes mentioned in the smart contract and follows a specific path for completion. Most of the time transactions could be effective because various problems could arise when the transaction proceeds. To track the path and detect the problems that could be faced by transactions we need to check Ethereum transactions using different blockchain explorers.