Reading the chain: key words
Read the word, say the meaning out loud, then open the card.
Block explorer
A website that searches a blockchain's public records and shows transactions, addresses, blocks and tokens in readable form. It can't change the chain. Source
Transaction hash
A unique code for one transaction, used to look it up. Also called a transaction ID or txid. Source
Block confirmation
A count of how far a transaction is buried. Each new block on top adds one. More confirmations make a transaction safer to rely on. Source
Gas used
The exact units of gas a transaction used. An explorer multiplies it by the gas price to show the fee. Source
Effective gas price
The price actually paid per unit of gas: the base fee plus the tip. Source
Input data
Extra data sent with a transaction, most often the function call for a smart contract. Source
Method ID
The first 4 bytes of the input data. They pick which contract function to run. Also called the function selector. Source
Event log
A record a smart contract writes while it runs, for apps outside the chain to read. Explorers show logs on a Logs tab. Source
Transfer event
The log an ERC-20 token contract must write whenever tokens move. It holds from, to and value. Source
Internal transaction
ETH moved by a smart contract as part of a transaction someone else started. Source
Decimals
A token setting that says where the decimal point goes. Divide the raw number by 10 to the power of decimals to get the amount people see. Source
Public name tag
A name an explorer shows next to an address. It comes from the explorer, not from the chain. Source
Verified contract
A contract whose source code an explorer has checked compiles to the code on the chain. It does not mean the contract is safe. Source
Token approval
Permission you give an app to spend your tokens. Explorers can list approvals and help you revoke them. Source
UTXO
An unspent transaction output: an amount of bitcoin waiting to be spent by a later input. Source
Change output
An output that sends the leftover of a Bitcoin payment back to the sender. Source