Is etherscan a reliable tool for monitoring bitcoin transactions?

3 answers

• Nov 25, 2021 · 3 years ago
  Yes, etherscan is a reliable tool for monitoring bitcoin transactions. It provides real-time information on transaction details, including sender and recipient addresses, transaction amounts, and transaction confirmations. The platform is widely used and trusted by the cryptocurrency community for its accuracy and transparency. However, it's important to note that etherscan primarily focuses on Ethereum transactions, so its coverage of bitcoin transactions may not be as comprehensive.
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• Nov 25, 2021 · 3 years ago
  Etherscan is a popular choice among cryptocurrency enthusiasts for monitoring bitcoin transactions. It offers a user-friendly interface and provides detailed information about each transaction, such as transaction hash, block number, and gas fee. However, it's worth mentioning that etherscan relies on public blockchain data, which means that it may not always provide real-time updates. Additionally, while etherscan is generally reliable, it's always a good idea to cross-reference the information with other trusted sources to ensure accuracy.
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• Nov 25, 2021 · 3 years ago
  As an expert in the field, I can confirm that etherscan is indeed a reliable tool for monitoring bitcoin transactions. Its comprehensive database and advanced search features make it easy to track and analyze transactions. However, it's important to keep in mind that etherscan is an external service and not directly affiliated with the Bitcoin network. While it provides valuable information, it's always recommended to use multiple tools and sources to verify transaction details and ensure the highest level of accuracy and security.
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