Introduction to Ethereum (ETH)
Ethereum (ETH) is a decentralized blockchain platform featuring smart contract functionality. Its native cryptocurrency, Ether (ETH), facilitates transactions and powers decentralized applications (dApps). Unlike Bitcoin, Ethereum focuses on programmable contracts and tokenization.
Monitoring ETH-Based Token Data
1. Tracking Wallet Addresses via BscScan
To monitor transactions on wallet addresses:
Step-by-Step Process:
Register a Tokenview Developer Account
- Sign up at Tokenview’s API platform to access address tracking tools.
Configure Webhook URL
- Navigate to Address Track > Settings in the API dashboard.
- Set a Webhook URL to receive real-time notifications for transactions.
- Supported networks: BTC, ETH (including ERC-20 tokens), TRX (TRC-20 tokens).
Add/Remove Monitored Addresses
- Input addresses manually in the dashboard.
- Remove addresses anytime without affecting other tracked addresses.
Receive Transaction Alerts
- Notifications are sent to your Webhook URL when monitored addresses execute transactions.
- View logs in the API system for audit purposes.
👉 Explore advanced wallet monitoring tools
2. Maintaining Ethereum’s Blockchain
Ethereum relies on miner nodes to validate transactions and secure the network:
- Mining Process: Miners compete to solve cryptographic puzzles, adding new blocks to the chain.
- Validation: Each transaction undergoes checks (e.g., balance verification, smart contract compliance).
Additional Measures:
- Node Management: Increasing nodes enhances decentralization.
- Smart Contract Audits: Prevents vulnerabilities in dApps.
Essential Ethereum Tools
3. On-Chain Data Query Tool: Tokenview
A reliable alternative to Etherscan (inaccessible in some regions), offering:
Features:
- Real-time ETH/ERC-20 token tracking.
- Decoded input data for human-readable messages.
- Advanced charts and Metrics for data analysis.
Advantages:
- Fast synchronization with Ethereum nodes.
- Developed by a Chinese team, optimized for local access.
Practical ETH Tips
4. Checking ETH-to-Fiat Exchange Rates
Platforms like Huobi, CellETF, and Okex provide live ETH/RMB rates.
5. Understanding Ether (ETH)
- Utility: Used for gas fees, dApp interactions, and DeFi protocols.
- Acquisition: Buy exchanges or mine via platforms like Hasy Miner.
FAQ Section
Q1: How do I monitor an ERC-20 wallet?
A: Use Tokenview’s API, selecting "ETH" as the network to track ERC-20 tokens.
Q2: Why choose Tokenview over Etherscan?
A: Tokenview offers faster access in restricted regions and decodes on-chain messages.
Q3: Can I delete a monitored address later?
A: Yes, edit your list anytime via the API dashboard.
👉 Learn more about Ethereum analytics
Note: Always verify tools and platforms for compliance with local regulations.