What if you sent BTC and want to check the payment status? BTC Block Explorer comes to your rescue. But what is a blockchain explorer, how does it work, and how can you quickly find the required transaction using it? Let’s figure it out together!
What is Bitcoin Block Explorer?
Bitcoin (BTC) is the first cryptocurrency, introduced by Satoshi Nakamoto in January 2009. Every transaction in the BTC network is recorded on the blockchain, ensuring transparency and immutability of data.
A blockchain explorer, in turn, is a tool that allows users to view information about transactions, blocks, and addresses in the Bitcoin network. It provides a convenient interface for searching data by transaction hash, address, or block number.
How Does Bitcoin Blockchain Explorer Work?
As we have established, BTC Block Explorer collects and displays data stored in the blockchain. In other words, its main functions include:
- Searching for a transaction by hash.
- Checking the number of confirmations.
- Viewing information about blocks, fees, and sender/receiver addresses.
- Analyzing the transaction history for any public BTC address.
NOWNodes and BTC Block Explorer
NOWNodes provides a seamless way to access blockchain data without the need to run your own node. Using the Blockchain Explorer service, you can efficiently verify transactions, fetch block details, and explore Bitcoin addresses.
We have an article which shows an example of a request:
Conclusion
Checking transactions in the Bitcoin blockchain is crucial for cryptocurrency holders. Block Explorer helps track payments, verify transaction statuses, and analyze blocks. At NOWNodes, we have simplified this process with our API solution. If you want to quickly and reliably check transactions in the Bitcoin network, try NOWNodes BTC Block Explorer NOW: