BscScan is a block explorer for the BNB Smart Chain (BSC) network and what we do is gather as many details and information we can from the blockchain and relay them to the BSC users in simple and understandable forms. The details and information that we curate include, but not exhaustive to, transaction status, address' balance, transaction fee, latest block number, pending transaction pool, etc.
It is fair to say, as an example, that in the blockchain we are like a minute taker that records every single thing discussed or that happened in a meeting. Except here in the blockchain, we record and simultaneously broadcast everything that happened in it. Moreover, similar to the minute taker, we only record the incidents and events on the blockchain and we are not, in any way, authorized, capable, or tasked with handling or controlling any component of the blockchain. The blockchain is a self-sustaining network and it is a responsibility that we put on ourselves to contribute to its sustenance a platform that lets people understand and be a part of the technology without having to know the technical stuff.
So why are you sent to our site?
It has become a common practice whenever a transaction is carried out, senders will share with their receivers a link to a page that shows every detail pertaining to the transaction. Some of the details often shown are:
(This practice is to let the receivers know that the transaction has been carried out and they can check to see that it is carried out accordingly)
You could have been given a link similar to this: https://bscscan.com/tx/0xe29098e878fd37ef2c0b25bcd2149c67fc1c105941235c1319c2a2f6b6987fff
The page that follows the link (called the Transaction Details page) shows all the essential information of a transaction and is normally used as a receipt or proof of payment.
As an explorer for the BSC blockchain, we only collect and broadcast information that we managed to gather from the blockchain. We are not an equivalent to a bank that manages, transfers, or stores funds for users. All the funds in a transaction are sent directly from the sender’s address to the receiver’s address without any meddling or interference by a third party or any centralized authority.
To access the funds received from the transaction, you would need to access the receiving address via a wallet, as you would normally do to check your balance or perform a transaction. Kindly take note that we do not affect or control the transaction in any way.