# Understanding transaction hashes

A transaction hash, also known as a transaction ID, is a **unique string of characters** that is assigned to every transaction that occurs on the blockchain. This hash can be used to track and verify the status of a particular transaction. To view the details of a transaction, users can use a tool called a block explorer, such as [etherscan.io](https://etherscan.io/) or [bscscan.com](https://bscscan.com/).&#x20;

These tools allow users to enter the transaction hash and view information about the transaction, including the amount, the sender and recipient addresses, and the status of the transaction.&#x20;