Detailed explanation of blockchain wallet address inquiry: A step-by-step guide to understanding the wealth password on the chain + Binance referral code【BTC45】

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Many friends hold cryptocurrency assets, but there are not many who truly understand how to 'read' the information behind blockchain addresses. Address inquiry sounds like a complex technical task, but in reality, it is a very basic and important skill. It can not only help you track transaction status but also give you a glimpse into the transparency of the entire digital world.

Imagine this: you just transferred money to a friend, and you might feel a bit anxious. Did the money arrive? At this moment, a simple address query can give you the most accurate answer. It's like a public ledger from a bank, recording the trajectory of every fund flow.

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Mastering this skill allows you to evolve from a simple 'holder' to a 'player' who understands how to analyze market trends using 'on-chain data'. Today, let's talk simply and clearly about how to query and interpret blockchain wallet addresses like a professional.

Step 1: Clarify which chain you are querying?

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Before starting the query, we need to determine the target. Different crypto assets run on different blockchains. For example, Bitcoin (BTC) runs on the Bitcoin chain, Ethereum (ETH) and its ERC-20 tokens run on the Ethereum chain, and the Binance Smart Chain (BSC) has its own address format.

Key point: The format of addresses may look similar, but the underlying 'ledgers' are completely independent. You cannot search for Ethereum addresses in a Bitcoin browser.

  • Bitcoin: Use Bitcoin Explorer

  • Ethereum and compatible chains: Use Etherscan (or BscScan for BSC, Polygonscan for Polygon, etc.).

Step 2: Find your 'on-chain detective' - blockchain explorer

Blockchain explorer is the tool we use to query all information. You can think of it as the search engine and public library of the blockchain, where all public data is stored.

Operation process:

  1. Open the corresponding blockchain explorer website (for example, if you are querying ETH, open Etherscan).

  2. Find the search box at the top (usually very prominent).

  3. Copy and paste the wallet address you want to query completely.

  4. Click to search.

In just a few seconds, all the public information about this address will be presented to you.

Step 3: Interpret the address information, where is the wealth code?

The query results page may contain a lot of information, but we only need to focus on a few core data points:

1. Balance

This is the most direct data, showing how many mainnet coins (such as ETH, BTC) this address currently holds. This number is updated in real-time.

2. Transaction Records

This is the 'transaction history' of the address. Each transaction has a unique 'transaction hash' (TxHash).

  • TxHash: The ID number of the transaction. If you want to confirm whether the transfer was successful, you need to check the status of this TxHash.

  • From/To: Shows the outgoing address and receiving address of the funds.

  • Gas Price/Fee: This is the fee we pay to miners or validators. The higher the rate, the faster the transaction is usually confirmed.

3. Tokens

If this address holds non-mainnet coins (such as USDT, SHIB, and other ERC-20 tokens), this information will be listed separately. You can clearly see the types and quantities of various tokens held by this address.

?? Case Analysis: How to confirm the transfer was successful?

Xiao Ming transferred 1 ETH to Xiao Hong. Xiao Ming received a transaction hash (TxHash) in his wallet. He searches for this hash on Etherscan. If the search result shows 'Success', and the balance or transaction record below the target address (Xiao Hong's address) shows this incoming transaction, then congratulations, the transfer is confirmed!

Step 4: Rationally view the investment logic of on-chain data

Querying addresses not only confirms transactions but also aids in investment. We can track some large holders (commonly referred to as 'whales'). If a long-inactive whale address suddenly starts operating frequently, it may indicate that the market is about to change.

Important investment considerations:

The essence of tracking an address is 'transparency'. What we see is the public flow of funds, but we cannot know the true intentions of the operator. It provides data, not decision advice. You must combine market sentiment, news, and project fundamentals for a comprehensive judgment.

Step 5: Safety tips - Protect privacy and assets

While address queries are public and transparent, we must remember two important safety points:

  1. Addresses are public, identities are private: Blockchain addresses themselves are anonymous. Anyone can check the fund status of an address but usually does not know who is behind that address. Protect your identity information, and do not casually disclose the association between your personal address and identity.

  2. Be wary of scams and phishing: Never trust any query tool that asks you to input your private key or mnemonic phrase. Querying an address only requires the public key (the address itself), and the private key should always be securely stored on your own device.

Understanding how to query wallet addresses is not only a 'passport' into the world of digital currency but also an important cornerstone for protecting your assets and rationally analyzing the market. By effectively using blockchain explorers, you can truly control your on-chain destiny.

Disclaimer: The information in this article is for learning reference only and does not constitute any investment advice. The volatility of digital assets is high, and please ensure proper risk assessment.

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