Etherscan is a website that works for the Ethereum blockchain, which acts like Google's search engine. But only for searching transactions, blocks, smart contracts, Ether addresses, Txn Hashes, Tokens etc. The easiest example is if you withdraw Ether or ERC-20 tokens from any site but there are no transactions in your wallet, then you can copy and paste the Ether address on Etherscan to find out whether the transaction is pending because the blockchain is stuck or traffic is full, or you just need to wait for confirmation.
What is Etherscan?
- Thread starter Suba
- Start date
I think crypto traders use Etherscan and follow whales. When whales start buy something or sell they prognose price. Depends on whale actions, price will go up or down. Plus I think this tool can be somehow used for for stealing crypto.
I also heard that people will use this platform to get information about Ethereum.
Ethereum is a promising cryptocurrency and it is viable as well.
Following the whales could be a way to gather some fundamental analysis about the ethereum.
