Knowledge Notes | Block Explorer
① The confirmation count roughly indicates how many blocks have been added to the chain after a transaction was included in a block. The higher the number, the less likely the transaction is to be reversed.
② Transfers between users of the same exchange are usually not recorded on-chain, so you won’t find them in a block explorer.
③ If the other party claims they’ve made a transfer, ask them to send you the transaction hash and verify it in a block explorer.
$ETH 2140.38 (-4.38%)
① The confirmation count roughly indicates how many blocks have been added to the chain after a transaction was included in a block. The higher the number, the less likely the transaction is to be reversed.
② Transfers between users of the same exchange are usually not recorded on-chain, so you won’t find them in a block explorer.
③ If the other party claims they’ve made a transfer, ask them to send you the transaction hash and verify it in a block explorer.
$ETH 2140.38 (-4.38%)