Understanding the Blockchain ledger :
One of the beauties of Blockchain technology is that all transactions are public - it's an integral part of how the system works, and anyone with a working internet connection can view any and all transactions that have ever taken place on the network.
Here's how to do it:
- Go to Blockchain.com/explorer, enter your wallet address in either of the search bars at the top of the page (marked in red):
- After entering the wallet address, you'll be redirected to this page (key for numbered articles below):
- This is the wallet address that you entered
- This is how many coins in total have been sent from and received to this specific wallet address
- This is the wallet's current balance
- This is the transaction's hash
- If the transaction is outbound, then here you'll see the receiving wallet's public key (address). If the transaction is inbound, then here you should see either your wallet address or a list of wallet addresses that contains your address.
- This is the transaction's time and date stamp
- This is the amount of coins transferred in the transaction - red is for outbound transactions, green is for inbound.
- This is the number of Blockchain confirmations that the transaction has.