Learn With STEEM - All You Need To Know About The Blockchain Explorer
Cryptocurrencies and the innovation that comes with them are built on the blockchain. While most users, especially newcomers, may find the blockchain and its concept to be quite confusing, we can all agree on one fundamental fact: the blockchain is a distributed ledger storage system that maintains all crypto-related transactions.
The data saved on the blockchain cannot be changed, and you cannot even erase it; and, most significantly, it is public—anyone can view it. Blockchain explorers were founded on the principles of transparency, decentralization, and openness.
Blockchain Explorer
A blockchain explorer is a website or a tool that allows users of a blockchain to examine or find real-time actions within the blockchain. A blockchain explorer essentially keeps track of all transactions (which include both financial and non-financial activities) that occur on a blockchain. This is usually done via hashes, which are specific combinations of alphanumeric characters.
Blockchain explorers are the encyclopedia of the blockchain world. On a blockchain's explorer, you can find all of the information and transactions that have occurred on that blockchain since its birth/initial inception until now.
Almost every autonomous blockchain project has an explorer, and sub-projects use the explorer of the parent blockchain.
Some Popular Blockchain Explorers
Blockchain.com
Blockchain.com is a significant blockchain explorer that hosts the first ever cryptocurrency (Bitcoin) blockchain transaction details. Visit https://www.blockchain.com/explorer, you can search using the transaction hash or wallet address.
Etherscan.io
Etherscan.io is used by the second largest cryptocurrency by market cap (Ethereum), you can check the details of the recent transactions or activities using the transaction hash or the wallet address. Visit https://https://etherscan.io//
Tronscan.org
The Tronscan.org is used by Tron, one of the biggest project that offers decentralized apps and other DeFi services to it users, Tron native token TRX and other TRC-20 tokens transactions can be tracked using https://tronscan.org/. input the transaction hash or the wallet address to check the details or activities.
Steemblockexplorer
The explorer for the Steem blockchain can be found at https://steemblockexplorer.com/. It is the Steem blockchain's native blockchain explorer. It allows you to keep track of Steem blockchain activity including transfer, posts, comments, upvoting and so on.
What's the Use of an Explorer?
All crypto users will benefit from these blockchain explorers. The blockchain explorer has prove to be very helpful at many points, whether you're a crypto miner, a trader, a validator, a wintness, or a general crypto user. Block explorers can be used to monitor the status of a transaction during transaction, either sending or receiving. On the Blockchain explorer, you can see the total value of assets stored at a certain wallet address, as well as the total amount of crypto received, including the date and time, the total crypto transferred in and out, the senders addresses. Blockchain explorers are crucial in any cryptocurrency fraud investigation because of this capability.
In the crypto ecosystem, blockchain explorers are extremely important. One of the most typical ways I utilize them is to present a proof of transaction, which is very useful when dealing with crypto centralized platform (CEX). I use the blockchain explorers to provide details of the transaction if the support service asked for it..
Using Blockchain Explorer
The use of a blockchain explorer is simple. Simply plug in the transaction hash or wallet address you want to track (or, in the case of the Steem blockchain, your username, as your username is your wallet address on Steem), and the explorer will display all recent activities on that account. On the Steem blockchain explorer, here's an example.
Visit https://steemblockexplorer.com/, then input my username (@mato445) and search
All my recent activities on Steem blockchain will be displayed, including upvotes, posts, comments and many more. Furthermore, my wallet balance, both SP, STEEM and SBD will be displayed, including my current Reputation, my voting value and power.
Conclusion
The Blockchain Explorer is an essential tool in the crypto ecosystem the tool allows you to explore the blockchain's brilliance and openness. They are the blockchain's search engines. It provides unrivaled clarity in terms of available information and gives you detailed information about a blockchain address or a transaction hash ID. Use the explorer to your benefit at all times!
The steem block explorer u have found to be very helpful in many years
You have made good post on blockchain explorer. I look forward to reading your future contents
Thank you so much for visiting my content
Thank you for contributing to #LearnWithSteem theme (#learnwithsteem , #tutorial, and #lesson). This post has been upvoted by @tucsond using @steemcurator09 account. We encourage you to keep publishing quality and original content in the Steemit ecosystem to earn support for your content.
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Team #Sevengers
Thanks a lot for describing about my favourite blockchain.
I'm glad you've found my content useful
You have taken a very interesting lecture about Blockchain Explorer which demonstrates all the details of a Transaction which we accomplish in any Cryptocurrency such as TRX. Thank you very much for these detailed explanations.
Thank you alot for this. I think my most used here is the tronscan because as a Tron lover, I exchange alot of TRX and attimes my energy gets consumed and it starts taking from my TRX so I use the explorer to check just how much was taken
You've provided a good content that explains the blockchain explorers. Thank you for sharing