What do masterchain and shard blocks mean?
The masterchain holds global configuration and references shardchain states. Most user accounts live in the basechain, which can be divided into shards. A block is identified by its workchain, shard and sequence number together; a sequence number alone is not a network-wide block height.
The top strip shows basechain blocks. Open the search menu and choose Masterchain under SELECTED to view masterchain blocks. Choose a shard when several are active. Open a block to inspect its transactions; masterchain blocks also link their referenced shards.