{"id":5614,"date":"2022-06-29T16:15:25","date_gmt":"2022-06-29T09:15:25","guid":{"rendered":"https:\/\/wikibinance.com\/?p=4756"},"modified":"2022-12-14T10:35:35","modified_gmt":"2022-12-14T03:35:35","slug":"bscscan-2","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/basic-binance\/bscscan-2.html","title":{"rendered":"What is BscScan? Guide to use BscScan for beginners"},"content":{"rendered":"<h2>What is BscScan?<\/h2>\n<div class=\"css-13l1dht e127pfgh2\"><a href=\"https:\/\/bscscan.com\/\" target=\"_blank\" rel=\"noopener\"><strong>BscScan<\/strong><\/a>\u00a0is a<em> <strong>blockchain explorer<\/strong><\/em> which provides an analytics platform with a great deal of useful information about addresses, <a href=\"http:\/\/ecoinomic.io\/en\/knowledge\/what-is-a-smart-contract.html\" target=\"_blank\" rel=\"noopener\">smart contract<\/a>, <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/how-to-view-binance-transaction-history.html\">transactions<\/a>,&#8230; for BNB Chain. It was developed by the same team as Etherscan, therefore both platforms have similar interfaces.<\/div>\n<h2>Features of BscScan<\/h2>\n<div class=\"css-13l1dht e127pfgh2\">BscScan makes it easy for traders to access on-chain data and keep an eye on the progress of DeFi projects. Some features of BscScan are:<\/div>\n<ul>\n<li>Monitoring transaction details including transaction amount, block number, date, status, value and transaction fee.<\/li>\n<li>Viewing the latest blocks added to the blockchain.<\/li>\n<li>Keeping track of the balance of the wallets and transactions.<\/li>\n<li>Searching, reading, and interacting with smart contracts deployed to the blockchain.<\/li>\n<li>Exploring the supply of tokens and other cryptocurrencies.<\/li>\n<\/ul>\n<figure id=\"attachment_4775\" aria-describedby=\"caption-attachment-4775\" style=\"width: 750px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4775 size-jnews-featured-750\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/BscScan-la-gi-min-e1658802459401-750x232.jpg\" alt=\"BscScan\u00a0is a blockchain explorer which provides an analytics platform for BNB Chain\" width=\"750\" height=\"232\" srcset=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/BscScan-la-gi-min-e1658802459401-750x232.jpg 750w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/BscScan-la-gi-min-e1658802459401-300x93.jpg 300w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/BscScan-la-gi-min-e1658802459401-768x238.jpg 768w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/BscScan-la-gi-min-e1658802459401-1024x317.jpg 1024w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/BscScan-la-gi-min-e1658802459401-1140x353.jpg 1140w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/BscScan-la-gi-min-e1658802459401.jpg 1280w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><figcaption id=\"caption-attachment-4775\" class=\"wp-caption-text\">BscScan is a blockchain explorer which provides an analytics platform for BNB Chain<\/figcaption><\/figure>\n<div>\n<div class=\"css-13l1dht e127pfgh2\"><strong><em>For instance: <\/em><\/strong><\/div>\n<div class=\"css-13l1dht e127pfgh2\">You can not only look up whether smart contracts have been verified or not on BscScan but also interact directly with them if the DApp&#8217;s API fails.<\/div>\n<div class=\"css-13l1dht e127pfgh2\">BscScan has added \u201cDEX Tracker\u201d and \u201cYield Farm\u201d features to show you the recently launched yield farming lists on Binance Smart Chain. In addition, you are able to set up a Whales alert and keep track of the wallets of DeFi protocol founders. Therefore, BscScan is an usefull tool to monitor transactions with great value and predict market volatility.<\/div>\n<div>\n<h3 id=\"header-3\" class=\"css-1yqftvn egdm8r30\">How to find Yield Farms using BscScan<\/h3>\n<\/div>\n<div>To track yield farming list, click <em>[Resources]<\/em> and tap <em>[Yield Farms List]<\/em>.<\/div>\n<div><figure id=\"attachment_4757\" aria-describedby=\"caption-attachment-4757\" style=\"width: 657px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4757\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/e355a61b73384c6e833d4e754498bcfe.png\" alt=\"Click [Resources] and tap [Yield Farms List]\" width=\"657\" height=\"248\" \/><figcaption id=\"caption-attachment-4757\" class=\"wp-caption-text\">Click [Resources] and tap [Yield Farms List]<\/figcaption><\/figure><\/div>\n<div>Here, you can see the latest Yield Farms list. You can use PancakeSwap to generate yield from your holdings on the BNB Chain. Since fees on the BNB Chain are lower than on other parties such as Ethereum and BNB Chain, it has become an ideal platform for small players who want to participate in Yield Farming to receive rewards divided equally among participants.<\/div>\n<div>\n<figure id=\"attachment_4758\" aria-describedby=\"caption-attachment-4758\" style=\"width: 657px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4758\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/14b9c22967404dc3be86e4330f14822b.png\" alt=\"You can see the latest Yield Farms list\" width=\"657\" height=\"137\" \/><figcaption id=\"caption-attachment-4758\" class=\"wp-caption-text\">You can see the latest Yield Farms list<\/figcaption><\/figure>\n<\/div>\n<div>\n<h3 class=\"css-1yqftvn egdm8r30\">How to find the average gas charge with BscScan<\/h3>\n<p>To find the average gas charge, click <em>[Resources]<\/em>, select <em>[Chart &amp; Stats]<\/em>, and then tap <em>[Average Gas Price Chart]<\/em>.<\/p>\n<p><figure id=\"attachment_4759\" aria-describedby=\"caption-attachment-4759\" style=\"width: 657px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4759\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/b048fbac1c0b4369b60743c1a80b6128.png\" alt=\"Click [Resources], select [Chart &amp; Stats], and then tap [Average Gas Price Chart]\" width=\"657\" height=\"220\" \/><figcaption id=\"caption-attachment-4759\" class=\"wp-caption-text\">Click [Resources], select [Chart &amp; Stats], and then tap [Average Gas Price Chart]<\/figcaption><\/figure>A chart of the average gas price will appear that shows the gas fee paid for transactions on the BNB Chain.<\/p>\n<figure id=\"attachment_4760\" aria-describedby=\"caption-attachment-4760\" style=\"width: 657px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4760\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/546de1fa614f497d910260d09148ebe5.png\" alt=\"The average gas price chart\" width=\"657\" height=\"270\" \/><figcaption id=\"caption-attachment-4760\" class=\"wp-caption-text\">The average gas price chart<\/figcaption><\/figure>\n<p class=\"css-13l1dht e127pfgh2\">BNB Chain has relatively low fees. On the BNB Chain, 1 gwei is equivalent to 10-9 or 0.0000000001 BNB. With an average gas price of about 6.5 gwei, sending 10 BNB would cost less than ten cents. In fact, sending ten or even a hundred times that amount still won&#8217;t cost you more than 20 cents.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" width=\"450\" height=\"234\" class=\"wp-image-4761 aligncenter\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/042d58a755dc4e86b2a28e2ddb8305e6.png\" alt=\"BSC has relatively low gas fees\" \/><\/p>\n<div class=\"css-1yjvs5a e122kejs0\">\n<div class=\"css-xvemdf e16x3gjb0\">\n<div>From the history of trading, we can see that people have paid higher transaction fees than usual. Some users may still keep their old habits when using Ethereum or other blockchains. However, this is really not necessary. BNB Chain is very difficult to block, so if network conditions remain stable, only 6.5 gwei is enough for a simple transaction.<\/div>\n<div>\n<h3 class=\"css-1yqftvn egdm8r30\">How to find unique address count using BscScan<\/h3>\n<div class=\"css-13l1dht e127pfgh2\">You are able to estimate the number of users in the network depending on unique address count. Click on <em>[Resources]<\/em> section and tap <em>[Charts and Stats] <\/em>then select<em>\u00a0[Unique Addresses Chart]<\/em>.<\/div>\n<div><figure id=\"attachment_4763\" aria-describedby=\"caption-attachment-4763\" style=\"width: 657px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4763\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/9da2f0f11f604519b20a1fdd33da343e.png\" alt=\"Click on [Resources] section and tap [Charts and Stats] then select\u00a0[Unique Addresses Chart]\" width=\"657\" height=\"276\" \/><figcaption id=\"caption-attachment-4763\" class=\"wp-caption-text\">Click on [Resources] section and tap [Charts and Stats] then select\u00a0[Unique Addresses Chart]<\/figcaption><\/figure><\/div>\n<div>\n<p class=\"css-13l1dht e127pfgh2\">A blockchain has 100 unique addresses doesn&#8217;t mean it has 100 independent users because everyone have ability to generate multiple addresses. With the magic of cryptography, it will be quite difficult to find out whether those addresses belong to the same person or not.<\/p>\n<p class=\"css-13l1dht e127pfgh2\">The number of users is not as much as this indicator shows. As the result, unique address count is a rough metric that overestimate the amount of users and the development of the network.<\/p>\n<h3 class=\"css-1yqftvn egdm8r30\">How to find the number of daily transactions using BscScan<\/h3>\n<div class=\"css-13l1dht e127pfgh2\">You can click on [Charts &amp; Stats] section to find daily transaction amount on the BNB Chain on a certain day<\/div>\n<div>\n<figure id=\"attachment_4765\" aria-describedby=\"caption-attachment-4765\" style=\"width: 657px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4765\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/d1a3d326195f441e9f6a4a46fa1f627d.png\" alt=\"BNB Chain daily transaction chart\" width=\"657\" height=\"278\" \/><figcaption id=\"caption-attachment-4765\" class=\"wp-caption-text\">BNB Chain daily transaction chart<\/figcaption><\/figure>\n<\/div>\n<div>According to the chart, you can have overview of network operations and and whether or not it is congested. It provides BNB investors with a positive sign of a growing, stable network.<\/div>\n<div>\n<h3 id=\"header-10\" class=\"css-1yqftvn egdm8r30\">How to look up an validator using BscScan<\/h3>\n<p class=\"css-13l1dht e127pfgh2\">Validators stake BNB to process transactions and confirm new blocks. They will ensure that BNB Chain is eligible to operate and earn transaction fees from activities on the network. Because of\u00a0 the entire security of the network, you have to meet the high requirements to become a validator.<\/p>\n<div class=\"css-13l1dht e127pfgh2\">BNB Chain bases on <a href=\"http:\/\/ecoinomic.io\/en\/knowledge\/terms\/what-is-proof-of-stake-and-how-pos-works.html\" target=\"_blank\" rel=\"noopener\"><em>Proof of Staked authority<\/em> (PoSA)<\/a> which supports short block times and lowers fees. You can click on [Validators] tab to access the Validators Leaderboard and check out the top validators on the BNB Chain.<\/div>\n<div><figure id=\"attachment_4772\" aria-describedby=\"caption-attachment-4772\" style=\"width: 657px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4772\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/4545fcab77d748879987befb8d923776.png\" alt=\"Click on [Validators] tab to access the Validators Leaderboard\" width=\"657\" height=\"192\" \/><figcaption id=\"caption-attachment-4772\" class=\"wp-caption-text\">Click on [Validators] tab to access the Validators Leaderboard<\/figcaption><\/figure><\/div>\n<div>\n<h3 id=\"header-11\" class=\"css-1yqftvn egdm8r30\">How to verify smart contracts using BscScan<\/h3>\n<p class=\"css-13l1dht e127pfgh2\">BscScan users can enter any contract address to verify and see if the compiled code matches the code running on this blockchain. The green tick will appear next to the contract on the toolbar as well as the [Contract Source Code Verified] notice.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" width=\"657\" height=\"152\" class=\"wp-image-4773 aligncenter\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/f951bccd146c4d4db46b645b29842328.png\" alt=\"Interact directly with smart contracts by connecting to a wallet on the browser\" \/>Independent test and code verification enhance the overall transparency and security of the BNB Chain ecosystem. You also have capability to interact directly with smart contracts by connecting to a wallet on a browser like <a href=\"https:\/\/wikibinance.com\/en\/knowledge\/what-is-metamask.html\">MetaMask<\/a> or Binance Chain Wallet.<\/p>\n<h3>Summary<\/h3>\n<p>Getting a better grasp of <strong>BscScan<\/strong> will help you to access on-chain data and keep an eye on the progress of DeFi projects. Therefore, traders and investors can take advantages of useful information to generate yields from their holdings.<\/p>\n<\/div>\n<blockquote><p>&gt;&gt; Related: <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/complete-binance-registration-guide-update-2022.html\">How to register and verify Binance acount update 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\"\n    data-payload=\"{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;5614&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}\">\n    \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n    \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Rate this post<\/span>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is BscScan? BscScan\u00a0is a blockchain explorer which provides an analytics platform with a great deal of useful information about addresses, smart contract, transactions,&#8230; for BNB Chain. It was developed by the same team as Etherscan, therefore both platforms have similar interfaces. Features of BscScan BscScan makes it easy for traders to access on-chain data [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":4843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[390],"tags":[2401],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/5614"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=5614"}],"version-history":[{"count":8,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/5614\/revisions"}],"predecessor-version":[{"id":89352,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/5614\/revisions\/89352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/4843"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=5614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=5614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=5614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}