A blockchain explorer is a web-based tool that allows users to view, analyze and track various activities happening on a blockchain network.
It acts as a search engine for blockchain transactions and provides information on transactions, addresses, blocks, and smart contracts in a user-friendly manner.
Blockchains are decentralized networks where transactions are recorded in a series of interconnected blocks. The blockchain explorer allows users to explore the blockchain network and provides real-time updates on the status of transactions. With a blockchain explorer, users can view the transaction history of a particular address or public key, track the progress of a particular transaction, view the current state of a smart contract, and check the status of network nodes.
The blockchain explorer provides a high level of transparency and accountability for blockchain networks. It enables users to verify the integrity of transactions and ensure that no double-spending or fraudulent activities are taking place on the network. Additionally, blockchain explorers provide valuable insights for developers and researchers, who can use the data to analyze and improve the performance of the network.
