How to use CardanoScan (2024)

In this guide, we’ll break down everything you need to know to get started using CardanoScan to analyze blockchain transactions. 

What is CardanoScan? 

CardanoScan is a blockchain explorer for the Cardano network, giving users a comprehensive view of transactions, wallet addresses, and Cardano-based tokens. 

You can use CardanoScan for the following purposes: 

• Check your wallet balance! 
• See a complete record of your transactions — including timestamps and fees! 
• Check whether your transaction was confirmed by the blockchain. 
• View other wallets and transactions.  
• Conduct on-chain analysis to better understand the Cardano ecosystem! 

How to look up wallet addresses on CardanoScan

1. Copy the Wallet Address: Get the relevant wallet address from your Cardano wallet.
2. Visit CardanoScan: Enter the wallet address into the search bar on the CardanoScan homepage, then click ‘Search’.

3. View Wallet Details: Now, you’ll be able to see all the information on the Cardano blockchain related to the wallet — such as the wallet’s balance, transaction history, and staking activities.

How to look up transactions on CardanoScan

Here’s how you can look up specific transactions on CardanoScan. 

1. Copy the transaction hash: Find the ‘hash’ — the unique identifier — of the transaction. Typically, you can find this information by looking at the transaction in your Cardano wallet. 
2. Use the Search Bar: Paste the transaction hash into the CardanoScan search bar.

3. View Details: You’ll see all of the publicly available details about the transaction — including wallet addresses involved in the transaction, timestamp, and fees.

How can I make money with CardanoScan?

CardanoScan allows you to access all publicly available Cardano data. The tool can be used to conduct on-chain analysis — or in other words, make better investment decisions by studying publicly available transaction data. 

• Transaction volume: See whether overall transaction volume on Cardano is increasing or decreasing. 
• Whale Activity Tracking: ‘Whales’ — or wallets that own a large amount of ADA — can often move the price of the market. CardanoScan can help you track whale wallet activity. 
• Market Sentiment: Understand how supply and demand on the Cardano blockchain is changing by looking at exchange wallets. You can see whether ADA is flowing in or out of exchanges. 

What Transaction Details Does CardanoScan Show?

Let’s walk through the terms you’ll see if you analyze a transaction on CardanoScan. 

• Transaction hash: Unique identifier of the transaction.
• Block: The block in which the transaction was recorded.
• Timestamp: When the transaction was processed.
• Fee: Relevant transaction fees.
• Total output: The total amount of crypto involved in the transaction. 
• Wallets: The wallet addresses involved in the transaction. 

What are Some CardanoScan Alternatives?

Let’s walk through a couple of other blockchain explorers built for Cardano. 

• Cardano Explorer: Cardano Explorer is a blockchain explorer released by Input Output Hong Kong (IOHK) — the team behind Cardano. Because it was released recently, Cardano Explorer is still in beta. 
• AdaStat.net: AdaStat is another user-friendly Cardano explorer that allows users to navigate through the top staking pools, Cardano-based tokens, and more!