How to Verify an Ethereum Transaction By Cointelegraph

by The Insights

An operation on the block chain is technically initiated by an external account owner (not a contract). For example, if user A sends 1 Ether (ETH) to user B, the action of debiting one account and crediting another changes the state of the blockchain.

The change takes place specifically on the Ethereum Virtual Machine (EVM). Ethereum transactions must be broadcast to the entire network, and any node can broadcast a request to execute a transaction on the EVM.

Step 2: Enter the transaction hash in the blockchain explorer search box

Step 4: Check whether the transaction was successful or not

Why should merchants check the status of a transaction?