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Transaction Explorer

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Included At
Hash
Block
EPOCH / SLOT
Value (₳)
Transaction Size (Bytes)
Confirmations

Showing 1 to 10 of 0 entries

What is a Transaction?

A Cardano Transaction is a literal transaction that is processed on the blockchain. A blockchain transaction is very similar to a typical transaction between bank accounts or any other ledger system. A blockchain transaction, and in particular a Cardano Transaction can do a lot more than just transfer Ada (the main digital currency of Cardano). A transaction is the fundamental operation of any blockchain framework and while they could still run without any transactions, it would be pointless.

What does a Transaction Contain?

A simple Cardano transaction records the transfer of Ada from one wallet to another. Apart from network or protocol events, in the Byron and Shelley eras of Cardano, this was all a Cardano Transaction could contain.

When Cardano moved into the Mary era, it introduced multi-asset support. This meant that users could create native tokens directly on the blockchain without using smart contracts. With this support, a Cardano transaction could contain Ada along with other assets.

Alonzo era was the most major hard fork event for Cardano as it introduced smart contracts. This update brought Cardano into true competition with other smart contract enabled platforms such as Ethereum.

What is Transaction Confirmations?

When a block is submitted, it goes into a waiting pool of other transactions. Once a transaction is selected to be included in a block, it goes through an authentication process. This process simply verifies that the transferring of Ada (or other assets) is valid.

After a transaction is included in a block and the block is accepted onto the network, it is then considered to have a confirmation of 0. If the block is not part of a fork event, the next Slot Leader will create a new block that references this block and submit it to the network. Now our first block will have a confirmation of 1. Every time a new block is added, it increases the confirmation count. The more confirmations a block has, the more certain we can be that the network has not rejected the block and therefore the transactions inside the block a locked in.

While a fork event is rare, it does happen. A fork event can happen when two or more Slot Leaders are assigned to produce a block at a particular slot. If this happens, we need to wait for the network to decide which block to use. This process usually corrects itself in a few seconds and the transactions in the rejected block go back into the pool of waiting transactions. It is therefore vital that we wait at least 10 confirmations before we consider a block and it’s transactions to be secure on the blockchain.

How can I view Cardano Transactions?

You can view Cardan Transactions on a Blockchain Explorer, or unofficially known as an Ada Explorer, or Cardano Scanner. ADATools is a Full Blockchain Explorer that will allow you to view the content of a transaction, including Ada and token transfers, and Plutus Script executions (smart-contracts).

To view a transaction, in the table above, click on the transaction hash. You can also use the search feature to find a transaction based on its hash.

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