Asked: How can you verify a transaction using a blockchain explorer?
My answer: Deposits to exchanges usually need to reach a required number of confirmations before they’re credited. The number of confirmations required varies by currency. Screenshots and chat logs can be faked, but data on blockchain explorers comes directly from the blockchain. To verify whether a transfer really happened, trust the on-chain records.
$ETH 2431.44(-1.01%)
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#ETH
Stay rational, and don’t get carried away.
My answer: Deposits to exchanges usually need to reach a required number of confirmations before they’re credited. The number of confirmations required varies by currency. Screenshots and chat logs can be faked, but data on blockchain explorers comes directly from the blockchain. To verify whether a transfer really happened, trust the on-chain records.
$ETH 2431.44(-1.01%)
Did you know this already?
#ETH
Stay rational, and don’t get carried away.