Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,165 trillion. Bitcoin is up by over 2% after a rollercoaster of a week. Ethereum decreased by almost 1% over the past seven days. XRP gained more than 15% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols…
What is a Blockchain Explorer?
A blockchain explorer is a web application that allows users to browse and search for information on the blockchain. It works by connecting to a network of nodes that validate and store the blockchain data and allows users to view the blockchain’s contents in a user-friendly interface.
The blockchain explorer provides a range of information about the blockchain, including the ability to view and search for specific transactions, view the balance of addresses, and see the details of smart contracts. It also provides statistical information about the blockchain, such as the total number of transactions, the size of the blockchain, and the current block height.
Blockchain explorers are useful for anyone looking to learn more about the blockchain or track specific blockchain transactions. In addition, they can be used to verify the authenticity of transactions and explore the blockchain’s inner workings.
Popular Blockchain Explorers
Many popular blockchain explorers are available, each with unique features and interfaces. Here are a few examples:
- Blockstream Explorer: An open-source block explorer that allows users to view transactions on the Bitcoin and Liquid blockchains.
- Etherscan: A popular block explorer for the Ethereum blockchain that allows users to view and search for transactions and view and interact with smart contracts.
- Blockchair: A multi-blockchain explorer that supports Bitcoin, Ethereum, and several other popular blockchains. It allows users to view and search for transactions, as well as view statistics about the blockchain.
- Blockcypher: A block explorer that supports multiple blockchains, including Bitcoin, Ethereum, and Litecoin. It allows users to view and search for transactions and view and interact with smart contracts.
- Explorer for XRP Ledger: A block explorer for the XRP Ledger that allows users to view and search for transactions and the current status of the ledger.
These are just a few examples, and many other blockchain explorers are available for different blockchains.