You may have probably heard of BlockSeer by now, but if you didn't, well, I think it' time for you to learn that it exists. Because it's a tool which can be prove very useful, especially if your crypto holdings are predominantly in Bitcoin.
BlockSeer is a visual tool for tracking and analyzing transactions on the Bitcoin blockchain. There is also an Ethereum version in beta, if you're interested. What makes BlockSeer so special is the fact that it adds a layer of visual representation on top of a regular blockchain explorer. Apart from that visual layer, you can do any of the following:
- label and cluster (group together) addresses
- explore addresses and cluster details (transaction history and size)
- create powerful graphs showing you the money flow
- save and share these graphs with other people
It's worth mentioning that when you label an address, that label becomes public and can be viewed by other people too (unless you choose an enterprise account, which, oddly enough, gives you... privacy). Of course, you can also access the labels set up for other people.
Imagine if somebody tracked some WannaCry bitcoin ransom address...
I played with BlockSeer for an hour or so, trying to understand from where my Bitcoin came and also to understand how some of the biggest addresses are spending their money. I expect that the top 25 addresses listed on the homepage are actually exchanges address.
Or, who knows, behind that address might be a real guy who just received $14.605.200 as a fee for a service.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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