What is BscScan? How To Use It?

What is BscScan?

Bsc Scan, also known as BNB Smart Chain Scan, stands at the frontline of all the popular blockchain explorers. The team behind Bsc Scan is the same as that of the team that developed the top blockchain explorer, EtherScan. Similar to how Etherscan gives information about all the crypto tokens and wallet addresses on Ethereum blockchain, Bsc Scan helps users with all the necessary information about what is happening on the BNB Smart Chain blockchain.

Bsc Scan is more like a search engine similar to Google Chrome, Internet Explorer, Yahoo!, etc. But, Bsc Scan is a search engine for only BNB Smart Chain blockchain, which means it covers the on-chain activity of BNB Smart Chain only. We often say that blockchain technology is transparent and blockchain explorers are the tools that make it a reality. Blockchain explorers, including Bsc Scan, helps all the users, investors, traders, or blockchain enthusiasts with the on-chain activity of BNB Smart Chain.

How Does BscScan Work?

The functionality of Bsc Scan is not that different from the functionalities of other blockchain explorers like Etherscan. They interact with the blockchain networks without any hassle, in a seamless manner to gather the up-to-date and accurate on-chain activity information.

First, the Bsc Scan retrieves BNB Smart Chain data in real time and then maintains an organized data repository of the retrieved data. The final step is to bring the on-chain data closer to users. This entire process is supported by a few key components known as RPC (Remote Procedure Call), Blockchain Nodes, and RPC Endpoints.

RPC or Remote Procedure Call is a communication protocol that helps Bsc Scan to interact with the BNB Smart Chain. With this technology, Bsc Scan communicates with the blockchain and extracts data without any discrepancies. The next key components that play a crucial role in the functionality of Bsc Scan are blockchain nodes. Blockchain nodes store enormous amounts of data in an organized manner.

The last component is RPC Endpoints, which are more like virtual addresses that give the required data to Bsc Scan from the BNB Smart Chain blockchain. RPC API helps Bsc Scan in requesting and gathering the information for RPC Endpoints accurately.

How To Use BscScan For Blockchain Information?

If you are new to the BscScan website, it can be intimidating to start and get all the required information. Here, we are going to help you with a step-by-step process of how to use Bsc Scan and get the necessary information.

• Go to the official Bsc Scan website – bscscan.com.
• In the front page, you can find a search bar under “BNB Smart Chain explorer”. You can choose any filter among “Addresses, Tokens, Name Tags, Labels, Websites” and enter the particular wallet address, token symbol, etc.
• After entering the addresses and clicking on the search icon, you can find all the related information in the next page. For example, you can see the balance of that particular wallet address, total value of all tokens held in it, and the transactional history of that address.
• Furthermore, you can also get more minute details such as date, time, gas fees, transactional value, hash, and its related block information, etc.
• For viewing smart contract information, you can either search with the contract address or with the name of the protocol. Then select the “contract” tab to get source code information, along with read contract and write contract options.

Why Should You Use BscScan?

If you are wondering why we need to use Bsc Scan or what are the benefits of using it, this section clears your doubt. From viewing transactional information of wallet addresses to searching for specific smart contracts, Bsc Scan helps you with all kinds of on-chain information.

On the Bsc Scan website, you can explore the BNB Smart Chain wallet addresses and their activity. It is also possible to view the wallet holdings and the cryptocurrencies they are composed of. On the Bsc Scan website, you can search all the information by entering any type of details like wallet addresses, tokens, name tags, etc. You can also click on any transaction ID and the transaction history section takes you to an individual transaction page for all the related information. That includes its underlying smart contract, recipient’s wallet address, transaction timestamp, date, and amount.

Apart from viewing addresses, you can also check other important information about transactions and blocks. This includes BNB price data, market capitalization, average gas prices, transaction speed, and more. By using Bsc Scan, you can not only get transactional information, wallet addresses information, but also get a complete network analytical data, charts, statistics, and nodes-related information.

Additionally, Bsc Scan also covers all the data related to the smart contracts that exist on BNB Smart Chain blockchain. Bsc Scan allows users to access any specific smart contract and retrieve information such as smart contract’s code, launch date, time, block height, token supply, token holders, etc. Using Bsc Scan helps you stay up-to-date with all the on-chain information of what is happening on the BNB Smart Chain.