🔍 Verifying Transactions in the Blockchain

The ability to check the status and details of transactions in the Ethereum blockchain is an important skill for every Innovestia user. This capability allows you to monitor fund movements, confirm successful operations, and solve problems if they arise. In this section, we'll look in detail at how to track your transactions in the blockchain using specialized tools.

📊 What Are Blockchain Explorers and Why Are They Needed

A blockchain explorer is a web service that allows you to view and analyze information recorded in the blockchain. It's a kind of search engine for the blockchain that provides a user interface for viewing:

• Transactions
• Addresses
• Blocks
• Smart contracts
• Tokens and their movements

Why Verify Transactions?

1. Confirm successful transfers — ensure your ETH or tokens have successfully reached the recipient
2. Monitor investments — verify successful fund transfers to the Innovestia
3. Track profit withdrawals — confirm receipt of your earnings
4. Diagnose problems — determine reasons if a transaction failed or is "stuck"
5. Audit activity — view the history of operations with your address
6. Ensure security — detect unauthorized transactions

💡 Important to know: All information in the Ethereum blockchain is public. Anyone who knows your wallet address can see all transactions associated with it, but cannot know who the address belongs to unless you disclose this information yourself.

🔎 Etherscan — The Primary Tool for Verifying Ethereum Transactions

Etherscan is the most popular and reliable blockchain explorer for the Ethereum network. It provides a complete set of tools for tracking and analyzing transactions.

Main Features of Etherscan:

• Search for transactions by hash (transaction ID)
• View wallet addresses and their balances
• Track ERC-20 token movements
• Check smart contracts and interactions with them
• Monitor fees (Gas Fees)
• Analyze network statistics

[PLACEHOLDER FOR SCREENSHOT: Etherscan main page with key interface elements]

📝 Step-by-Step Guide to Verifying Transactions

Step 1: Obtaining the Transaction Hash

A transaction hash (Transaction Hash or TxHash) is a unique identifier for a transaction in the blockchain. It can be obtained from:

• MetaMask wallet — in the transaction history
• Exchange or service — after completing a transfer
• Email notifications — many services send the transaction hash by email
• Innovestia interface — when investing or withdrawing funds

The transaction hash looks like a long string of characters starting with "0x", for example: 0x71c7656ec7ab88b098defb751b7401b5f6d8976f7c6c75caf6774b865166d108

[PLACEHOLDER FOR SCREENSHOT: Example of a transaction hash in MetaMask]

Step 2: Checking the Transaction by Hash

1. Go to the Etherscan website
2. Paste the transaction hash into the search bar at the top of the page
3. Click the search button or press Enter

You'll then see a page with detailed information about the transaction

Step 3: Analyzing Transaction Information

On the transaction page, you can see the following information:

Basic Details:

• Transaction Hash — the unique transaction identifier
• Status — transaction status (Success, Failed, Pending)
• Block — the block number in which the transaction was recorded
• Timestamp — date and time when the transaction was confirmed

Transaction Participants:

• From — sender's address
• To — recipient's address (smart contract address for interactions with Innovestia)
• Interacted With (To) — additional information about the smart contract (if applicable)

Financial Information:

• Value — amount of ETH sent in the transaction
• Transaction Fee — fee paid for the transaction
• Gas Price — price per unit of gas
• Gas Limit & Usage by Txn — gas limit and gas actually used

Additional Data:

• Input Data — data sent along with the transaction (for smart contract interactions)
• Tokens Transferred — information about token transfers (if applicable)

⚠️ Note: For interactions with the Innovestia, the "Input Data" section will contain encoded instructions for the smart contract. Etherscan can decode this data and show which contract function was called.

📋 Understanding Transaction Statuses

Basic Statuses:

1. Success

   • Transaction successfully processed and included in the blockchain
   • Marked with a green checkmark on Etherscan
   • Funds transferred or smart contract executed

2. Pending

   • Transaction sent to the network but not yet confirmed
   • May remain in this status from a few seconds to several hours
   • Reasons for long Pending status: low Gas Price or network congestion

3. Failed

   • Transaction was rejected
   • Marked with a red exclamation mark on Etherscan
   • Transaction fee is still charged, even if the transaction failed
   • Main reasons for failure: insufficient funds, error in smart contract, insufficient Gas Limit

[PLACEHOLDER FOR SCREENSHOT: Examples of different transaction statuses]

Detailed Statuses:

• Dropped & Replaced — transaction was replaced with a new one with the same nonce
• Out of Gas — transaction not executed due to insufficient Gas Limit
• Reverted — transaction canceled by the smart contract due to condition violations

👛 Checking an Address and Its Transactions

Besides checking individual transactions, it's often necessary to view the entire operation history for a specific address (such as your wallet or the Innovestia smart contract).

Step 1: Finding the Address

1. Copy your wallet address from MetaMask or the Innovestia interface
2. Paste the address into the Etherscan search bar and press Enter

Step 2: Analyzing Address Information

On the address page, you'll see:

• ETH Balance — current ETH balance at the address
• ETH Value — ETH value in USD at current rate
• Token — list and balances of ERC-20 tokens at the address
• Transactions — history of all address transactions

Step 3: Viewing Transaction History

On the "Transactions" tab, you can:

• See all incoming and outgoing transactions
• Filter transactions by type (ETH transfers, token transfers, contract interactions)
• Sort transactions by date, amount, and other parameters

Additional tabs allow viewing specific transaction types:

• ERC20 Token Txns — transactions with ERC-20 standard tokens
• Internal Txns — internal transactions (between smart contracts)
• Contract — smart contract details (if the address is a contract)

💡 Tip: For convenient tracking of your investments in the Innovestia, save the address in Etherscan bookmarks using the "Watch Address" function (registration required).

📲 Checking Interactions with the Innovestia

Interactions with the Innovestia are transactions in which you invest funds, withdraw profits, or perform other operations through the platform's smart contract. Checking such transactions has special features.

Verification Features:

1. Recipient Address (To) — will show the Innovestia smart contract address
2. Input Data — will contain encoded data about the called function and parameters
3. Decoded Input Data — Etherscan can decode the data and show the function name and parameters
4. Tokens Transferred — may show token movements (if the Innovestia uses tokens)

Typical Functions When Interacting with the Platform:

• invest / deposit — investing funds
• withdraw / withdrawProfit — withdrawing profits
• reinvest — reinvesting
• withdrawReferralRewards — withdrawing referral rewards

Checking the Innovestia Contract:

To check the Innovestia smart contract itself: 1. Find the contract address on the official website or in the documentation 2. Paste this address into the Etherscan search bar 3. On the contract page, you can:

• Check the contract code (if it's verified)
• See all transactions related to the contract
• Analyze balances and fund movements

🛠️ Diagnosing and Solving Transaction Problems

Problem 1: Transaction has been in "Pending" status for too long

Possible causes:

• Low gas price (Gas Price)
• High Ethereum network congestion
• Network node problems

Solutions: 1. Speed up the transaction — in MetaMask, select the transaction and click "Speed Up" to send the same transaction with a higher Gas Price 2. Cancel and resend — if the transaction is not urgent, you can cancel it through MetaMask (the "Cancel" option) and send a new one

Problem 2: Transaction completed with "Failed" status

Possible causes:

• Not enough ETH to pay the fee
• Insufficient Gas Limit for the operation
• Error in the smart contract
• Contract conditions not met (for example, trying to withdraw more funds than available)

How to diagnose: 1. On the transaction page in Etherscan, check the "Status:" section 2. Note the error message (for example, "Out of Gas", "Reverted") 3. If "Reverted" is indicated, check the decoded data to understand which function caused the error

Solutions: 1. Not enough ETH — replenish your wallet balance before trying again 2. Low Gas Limit — increase the Gas Limit for the next attempt (can be manually configured in MetaMask) 3. Condition error — check the operation conditions (for example, available balance for withdrawal) 4. Contract error — contact Innovestia support if the problem is related to the smart contract operation

Problem 3: Transaction shows success on Etherscan, but funds are not displayed

Possible causes:

• Interface update delay
• Network connection problems
• Incorrect network settings in MetaMask

Solutions: 1. Refresh the interface — refresh the page or restart the application 2. Check network settings — make sure the correct network is selected (Ethereum Mainnet) 3. Check balance on Etherscan — if the balance on Etherscan is correct, the problem is in the interface 4. Reset MetaMask cache — in MetaMask settings, find the "Reset Account" option (this won't delete your funds, only clear the transaction cache)

🧩 Additional Etherscan Features

Checking Tokens and NFTs

If you use ERC-20 tokens or NFTs (ERC-721 tokens) while working with the Innovestia, you can check their operations:

1. For ERC-20 tokens:

   • On the address page, go to the "ERC-20 Token Txns" tab
   • Here you can see all operations with ERC-20 standard tokens

2. For NFT tokens (if applicable):

   • On the address page, go to the "ERC-721 Token Txns" tab
   • Here you can see all operations with NFTs

Setting Up Notifications

Etherscan allows you to set up notifications for transactions on a specific address:

1. Register on Etherscan (top right corner, "Sign In" button)
2. On the address page, click "Watch" (appears after logging in)

3. Configure notification parameters:

   • Notifications for outgoing transactions
   • Notifications for incoming transactions
   • Notifications for tokens

4. Choose how to receive notifications (email or browser)

Advanced Analytics

Etherscan offers several advanced tools for in-depth analysis:

1. Etherscan Charts — network graphs and statistics
2. Ethereum Gas Tracker — real-time fee monitoring
3. Token Approvals — view permissions for your tokens to be used by smart contracts
4. Contract Verifier — verification of smart contract code

🌐 Alternative Blockchain Explorers

While Etherscan is the most popular and functional explorer for Ethereum, there are alternatives that may offer additional features or a different interface:

1. Blockchair — explorer with support for multiple blockchains
2. Etherchain — alternative explorer with unique analytical tools
3. EthVM — open explorer with a modern interface
4. Blockscout — full-featured explorer with open source code

💡 Tip: It makes sense to check the same transaction in different explorers if you encounter problems or conflicting information.

🔒 Security Tips When Verifying Transactions

Protection Against Phishing Sites

Scammers create fake versions of Etherscan and other explorers to steal data:

1. Check the URL — the official Etherscan address is: https://etherscan.io/
2. Use bookmarks — save the real site in your bookmarks
3. Check the SSL certificate — look for the lock in your browser's address bar
4. Don't connect your wallet — a legitimate explorer doesn't require wallet connection to view transactions

Privacy Protection

Although the blockchain is pseudonymous, certain measures will help protect your privacy:

1. Don't publish your address — don't place your wallet address in public access unnecessarily
2. Use multiple addresses — separate funds between different addresses for different purposes
3. Be careful with information — transaction details can reveal data about your financial assets

❓ Frequently Asked Questions

How many confirmations are needed to finalize a transaction?

In the Ethereum network, a transaction is considered confirmed after inclusion in a block, but it's recommended to wait for 12-30 confirmations (blocks) for large sums. On Etherscan, the number of confirmations is shown on the transaction page next to the block number.

Why does "Contract Creation" display instead of the recipient address?

This means that the transaction was directed not to an existing address, but created a new smart contract. In the context of the Innovestia, this could be part of the initialization process or the creation of an individual contract for the investor.

Can I see private information about the address owner?

No, the Ethereum blockchain preserves user anonymity. You can see all transactions associated with an address, but not information about the owner's identity. The exception is if the owner has linked their identity to the address or used services requiring verification.

How do I know if funds were transferred to the Innovestia?

1. Find the Innovestia smart contract address
2. On Etherscan, check outgoing transactions from your address to the contract address
3. Check the "Decoded Input Data" section to understand which function was called (for example, "invest" or "deposit")
4. If necessary, check internal transactions (Internal Txns), which can show fund movements within the smart contract

How long can a transaction remain in "Pending" status?

Theoretically — indefinitely, if the Gas Price is so low that miners never include the transaction in a block. Practically — from a few seconds to several hours or days, depending on network congestion and the set Gas Price. If a transaction has been in "Pending" status for more than 24 hours, it's recommended to consider speeding it up or canceling it.

How do I check the fee I paid for a transaction?

On the transaction page on Etherscan, the "Transaction Fee" section shows the total fee amount in ETH and USD. It also shows the Gas Price and actual Gas consumption, which allows you to understand how the fee was formed.

🏁 Conclusion

The ability to verify transactions in the blockchain is an important skill that gives you complete control over your funds and operations on the Innovestia. Regular transaction verification helps:

• Ensure successful execution of operations
• Quickly identify and solve problems
• Have complete transparency of all fund movements
• Protect your investments from fraud

Use blockchain explorers like Etherscan not only to solve problems but also for regular monitoring of your investments in the Innovestia. This will allow you to be confident in the security and efficiency of your financial operations.