If you also have a Solana-based token, this will prove to be one of the most powerful tools for you as more and more people are trying out Solanas. In addition, this blockchain explorer tracks all transactions, prices, blocks, and all activities of cryptocurrencies. More than just info is offered by SolScan. To make analytics and raw data easier to understand for the typical user, it has been simplified. For additional help, you can also consult the wealth of materials in the documentation section. Through this blog, we will tell you what are the useful features of SolScan and this article will help you to get acquainted with them. You can invest in bitcoins using online trading platforms like Profit Edge, to know more create account for free.
What is Solscan?
Hardly you know that Solana is expanding very fast, it is a blockchain as well as a decentralized public platform known for its powerful developer environment and instant transactions. Solscan is a blockchain explorer and data analysis tool focused on Solana. Investors of Solana can instantly track addresses’ activities inside the Solana ecosystem. The Solana ecosystem is a one-of-a-kind scanning tool that periodically provides up-to-date information.
How does Solscan work?
SolScan scans Solidity code to find the damage you can do. Before you can use SolScan, the Solidity compiler must be installed. The SolScan repository must then be copied, and the solidity file path must be entered when running the SolScan command. If any vulnerabilities are found, SolScan will produce a report outlining them and suggesting appropriate remedial actions. In exceptional cases, SolScan might be able to repair the vulnerability automatically by executing the fix command.
What Can We Do with SolScan?
Solana Explorer and Solana both record all transactions on the blockchain as well as provide access. Other helpful data on cryptocurrencies, including market capitalization, supply, and transaction per share (TPS) rates, can also be gathered using SolScan. You can sign in to the app using your Solana Wallet account for free. Although you don’t need an account to utilise SolScan, keeping track of your transactions is made easier by having one.
You may use SolScan to look up certain transactions and wallet addresses. You utilise this application to track the procedure if you’re waiting for a contract to be finalised. Do not forget that SolScan does not notify you if anything happens. It merely keeps track of transactions, including those that failed.
How to use SolScan to track transactions?
If a transaction is made with Solana, it is identified with a signature, as it consists of a long series of letters and numbers, and you can easily find it on your smart contract. You can keep track of transactions you make on Solana. You can receive all the details about the transaction if you simply paste and copy the signature into the search field. When you press Enter, SolScan will display all the pertinent information about the transaction, including an overview and changes to the Sol and token balances.
You can see whether a transaction was completed, when it was made, and the block number ID on the overview tab. The account balance prior to and following the transaction is shown on both the Balance Change tabs. While you make transactions, you can also view wallet addresses. In the search bar, type an address and hit Enter. In this instance, we just click on the string of codes next to the signatory item if we’d like to look at the account that was engaged in the previous transaction.
Closing thought
Everyone interested in learning more about and using the blockchain will need a blockchain explorer. An impressive substitute for Solana’s official explorer is Solscan. It transforms complicated transactional data into readable form. All on-chain data, including cryptocurrency transactions, addresses, smart contracts, tokens, blocks, etc are accessible through Solscan. There is no need to create an account, and it is free.