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How to Use Blockchain Explorers like SolScan, BaseScan, and Etherscan for DYOR

2025-07-31 09:14:47

Main Idea

Blockchain explorers like SolScan, BaseScan, and Etherscan are essential tools for conducting DYOR (Do Your Own Research) by verifying on-chain data, tracing transactions, and inspecting smart contracts.

Key Points

1. Blockchain explorers allow users to trace wallet transactions, including who sent/received tokens and when, by entering a transaction ID or wallet address.

2. Users can check token transfers and smart contract interactions, including SPL and ERC-20 token transfers, to verify contract functionality and token activity.

3. Investigating developer and team wallets helps identify project insiders and track their token movements and exchange activities.

4. Combining tools like SolScan, BaseScan, and Etherscan enables comprehensive DYOR by following token flows, inspecting contracts, and spotting team wallets.

5. Blockchain explorers are public and censorship-resistant, providing transparent access to on-chain data for research purposes.

Description

Blockchain explorers like SolScan , BaseScan , and Etherscan are your window into crypto networks. They let you look up any transaction, wallet address, or token on-chain. For example, SolScan is the explorer for the Solana network, Etherscan is the explorer for Ethereum, and BaseScan is the explorer for the Base L2 network. Using these tools helps you DYOR (Do Your Own Research) by verifying project claims on-chain. In this guide we’ll show how to: Trace wallet transactions (who sent/received t...

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