ethVM
ethvm.bsky.social
ethVM
@ethvm.bsky.social
An opensource #Ethereum explorer.

Making blockchain data beautiful, readable, and user-friendly. Designed with people in mind. 🧠

Built by @myetherwallet 💖
But don't be tempted to send spam tokens or #NFTs to this address to get rid of them! 🙅‍♂️🙅‍♀️

Some spam tokens are actually scams and can compromise your wallet if you interact with them 🚫
September 12, 2023 at 7:38 PM
The "burn address" on #Ethereum is an address where $ETH, other #ERC20 tokens, and even #NFTs are sent to be effectively taken out of circulation - a process known as "burning".

This particular address doesn't belong to any user and is solely utilized for burning tokens. 🥵
September 12, 2023 at 7:38 PM
🧵 4/4 Lastly, lets check out what a token swap looks like.

The “From” address is the wallet that initiated the swap. The address under “Interacted With Contract” is the address of the token they’re swapping into.

A glance below will show you exactly what tokens were swapped!
September 1, 2023 at 6:15 PM
🧵 3/4 Next up is an #NFT mint. 🖼

“From” is the wallet address that minted, while “Interacted With Contract” is the NFT contract address.

Scrolling down, you’ll see how much was spent on the mint along with the #NFTs that were transferred into the minting wallet.
September 1, 2023 at 6:14 PM
🧵 2/4 To begin, this is a simple $ETH transfer. 🌐

You’ll see a ‘To’ and ‘From’ address, indicating which one sent the #ETH and which one received it. 🔀

Clicking on “State” below will display exact details including before and after balances.
September 1, 2023 at 6:14 PM
🧵 7/7 Vetting Projects:

Last but most definitely not least - use block explorers to vet #crypto projects before investing in them!

You can do this by checking the list of wallets currently holding a token. If you see holders you previously flagged as scammers, reconsider! 🚩
August 24, 2023 at 9:15 PM
🧵 6/7 Track Whales & Bad Actors:

Speaking of scams and bad token contracts, one very valuable thing you can do on a block explorer is save addresses to check on later.

This can be whales you want to follow or even bad actors who you want to avoid! ⛔
August 24, 2023 at 9:15 PM
🧵 5/7 Check Validity Of Contract:

There are lots of mistakes you can make in #crypto that can lead you to losing your money. One of them is interacting with a compromised contract.

Use block explorers to double check the validity of a token contract before interacting with it!
August 24, 2023 at 9:14 PM
🧵 4/7 Check The Activity On A Blockchain At Any Given Time:

Block explorers can show how many transactions were made in the past 24 hours (or the past minute!), the current price of gas, recent big mover tokens, and more.

Use this info to inform your trading strategies 🤝
August 24, 2023 at 9:14 PM
🧵 3/7 Check The Status of In-Progress Transactions:

This is one of the most common ways to use a blockchain explorer after you’ve made a transaction and want to see if it’s confirmed yet or not. 👀

Is a transaction taking longer than normal? Double check it onchain! ✅
August 24, 2023 at 9:14 PM
🧵 2/7 You may have heard of a lil tool in #crypto called a Block Explorer 🟥 🟦 🟨

Shoutout to @etherscan @bscscan @blockchain 🤙

But are you aware of the wealth of information available on them? Let’s take a look at some of the most common ways to utilize a block explorer! 📝
August 24, 2023 at 9:10 PM