Comment on page
Transaction status and generic info
Unraveling blockchain activities: Octav decodes, learns, and guides your transactions
Octav is here to help you make sense of your blockchain activities. The Octav platform works hard to decode and interpret your blockchain transactions to the best of its knowledge, which grows every day thanks to user edits (see learning mechanism). It then suggests its understanding to you, sometimes with exact precision and other times with the need for your validation.
Each transaction has a status that lets you know if you need to edit and/or validate it. The icon on the left of each transaction indicates its status. Refer to the legend below for their meanings.
Validated - Everything is good! Octav was able to properly interpret and categorize your transaction. No action is required.
Edited and validated - You have edited and validated the transaction to be reviewed. No further action is required.
To be reviewed - Octav is interpreting this transaction to the best of its knowledge but it needs your input. To get an accurate cost basis and P&L, edit and/or validate this suggestion from Octav’s brain.
Edited and to be reviewed - If after having edited your transaction you didn’t save it, you can quickly identify which one you already tried to update.
Now, here's the cool part: the ultimate goal is to have all your transactions validated, so you only see that beautiful green icon next to each one. That way, you can be sure that your portfolio is accurate and up-to-date.
With Octav's user-friendly interface, editing and validating transactions has never been easier. You'll be able to quickly and efficiently manage your portfolio, and you'll always have a clear idea of which transactions need your attention.
'Validated' and 'To be reviewed' transactions examples
Every single transaction in Octav's 'Transactions’ page comes with an execution timestamp, the network and protocol it has been used on, and the sending (from) and recipient (to) addresses. You can also find the quantity and value of the assets transferred in and out, along with the fees paid (from your address only) and the realized profit or loss.
Octav provides you with all the necessary details to keep track of your assets and stay informed about each of your transactions. If you need to dive deeper into a transaction, simply click on the external link icon and it will take you to the relevant blockchain explorer.