Introducing Blockchain Explorer
Location: (USA)
How Do Blockchain Explorers Work?
When you first hear about blockchain technology, it can seem like a very complicated concept. That's why software developers have created tools to help you visualize and understand what a blockchain explorer is and how it works.
Blockchain Explorer Overview: Explorers give you the ability to see all of the transactions on a blockchain in real time. You can scroll through the blocks and see every transaction that has ever taken place on that chain.
Viewing The Blockchain With An Explorer: By looking at blocks, you can get an idea of how many transactions are taking place on a chain at any given time. This tool can help you determine whether or not a platform is popular, and if so, who else may be using it.
Blockchain Explorer Features To Look For: A good explorer will also show you information about different wallets on the chain and how much cryptocurrency is stored in each one of them. This is an essential tool for seeing how much money any business or crypto exchange has available for trading in real time.
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