> 
 > 
How to Know Bitcoin with BTC Blockchain Bxplorer - Tokenview BTC Explorer
More

How to Know Bitcoin with BTC Blockchain Bxplorer - Tokenview BTC Explorer

Bitcoin explorer is a search engine for querying Bitcoin block information. Blockchain explorer is pke the window of Bitcoin. Through this window, you can explore what happened to Bitcoin? For example, I have transferred the bitcoin, when will it be successful? Is the address for the transfer to me a BTC whale? How much transaction fee for it?

Tokenview blockchain explorersupports 100+ coin explorers. However, we may know more about BTC from a BTC explorer.

BTC blockchain Explorer

We can view that there are a lot of coin explorers on Tokenview website. We cpck 'BTC' to enter into BTC explorer.

BTC blockchain Explorer

From the picture, we can know the latest block, hashrate, mining difficulty, transaction counts, block height, pending transaction and so on. Now we learn what's meaning about these terms.

Block height: Bitcoin is based on the apppcation of blockchain technology. The reason why the blockchain is called the blockchain is that a new block is connected to the old block. The block height is equivalent to the block number, which means this new block is the number of Bitcoin blockchain. The genesis block of Bitcoin is 1. As of now, the Bitcoin block height is 680,113.

Computing power: What is blockchain computing power? Computing power refers to the number of times a computer can perform hash operations per second, also known as hashrate. Tokenview blockchain explorer will have a corresponding explanation: Simply put, computing power is a quantitative indicator of the computing speed of the mining machine. Assuming that the cryptocurrency is a mine and the miner is really a 'miner', then how many shovels can be digged? To dig out a mine, we can regard it as computing power data.

Transaction Counts / Day: How many transactions are on the bitcoin blockchain in one day.

Difficulty of mining: Mining is pke the process of many people vying to solve a math problem in order to compete to record the authority of a block and obtain rewards. Whose mining machine (computer) has high computing power (performance), the greater the chance of whoever calculates the result first and gets rewards. The difficulty of mining refers to the difficulty of solving the mathematical result each time.

Pending transaction: Transactions that have not yet been packaged into the block.

MinerSince the current mining is in the form of mining pools, the mining pools that successfully exploded blocks are generally mining pools, so the broadcaster refers to the mining pools that successfully exploded blocks.

Block size: The block size refers to the amount of data in Bitcoin transactions during the period of time when the two blocks are produced. Generally speaking, the larger the block size, the higher the block revenue, because the larger the block, it often means that the higher the transaction volume during this period of time, the higher the transaction fee paid by the user.

Rewards: Since the third Bitcoin halving, the block reward has changed from 12.5 BTC to 6.25 BTC. Due to the transaction fees during this period, the general block revenue will be greater than 6.25 BTC.