Block Explorer
A block explorerA block explorer is a tool that allows users to view and track all transactions on a particular blockchain network. It enables users to see... is a tool that allows users to view and track all transactions on a particular blockchainThe blockchain is a digital ledger that records transactions in a secure and decentralized manner. Think of it like a shared spreadsheet that is constantly... network. It enables users to see the details of a specific blockA block is a collection of transactions that have been verified and added to the blockchain. Each block typically contains a cryptographic hash of the..., including the number of transactions, time-stamp, transaction IDs, and the total amount of cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... transferred in that block.
Block explorers can be used by anyone, including traders, investors, developers, and ordinary users who want to view the details of a transaction or track the movement of their cryptocurrency. They are especially useful for verifying transactions and checking the status of pending transactions.
Some popular block explorers include:
- Blockchain.com Explorer: This is one of the oldest and most popular block explorers, supporting multiple cryptocurrencies such as BitcoinBitcoin is like a digital treasure that you can use to buy things online. It's like having a secret code that only you know, and..., Bitcoin CashBitcoin Cash (BCH) is a fork of Bitcoin that was created in 2017 by a group of developers who wanted to increase the block size..., and EthereumEthereum is a type of cryptocurrency that is similar to Bitcoin, but with some important differences. One of the key differences is that Ethereum is....
- Etherscan: This is a block explorer specifically designed for the Ethereum network, providing users with details on smart contracts, tokens, and other Ethereum-related data.
- Blockchair: This is a block explorer that supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, among others.
- Bitaps: This is a Bitcoin and Bitcoin Cash block explorer that offers a range of additional features such as an API, a block notification service, and a transaction tracker.
Block explorers are an essential tool for users who want to track their cryptocurrency transactions or verify the details of a transaction before making any significant investments. They offer real-time information and ensure transparency, which is essential in the decentralized world of cryptocurrencies.