Steemit Crypto Academy Season 4 Beginner Course - Task 4: Blockchain, Decentralization, Block Explorer by @jacksonmark1
Greetings! All the members and professors of this community, I’m delighted and blessed to write about my task for of the introductory courses which talks about The Blockchain, Decentralization and Block Explorer. This task I sent handled by our respectful steemit crypto academy professor @yousafhroonkhan, I’m giving answers on the No. 3 Question of this task-4 assignments.
What is a Block explorer?
What is it’s purpose and use?
Search for different cryptocurrency Block explorers and list them(At least 5 different crypto currencies).
Also explore the transaction of a crypto coin on Block explorer and explain with the help of screenshots.
The term Block Explorer is a collection of two different words (Block and Explorer). This two items play different roles in the same way.
source
- The block can be defined as the Built structure which informations and data’s are being stored.
- The term Explorer is the search Engine that helps the users to access a particular information about a certain transaction.
For this two reasons given above, we can give a simple definition of Block Explorer as a Online programmed tool that investors and traders of crypto currencies and miners all round the globe use to access block activities, Transactions Addresses, the volume of assets, the growth of the transaction including other vital data’s on Blockchain. In this case every single crypto currency has its particularly used Block explorer.
The Block Explorer gives the access to wallet balances of a particular coin, Number of transactions right from time, transaction time and date, assets gained and lots more.
The Purpose and Use of the Block Explorer are as follows.
- Miners use this tool to confirm the successful creation of a particular block and also to know Block activities that’s taking place.
- To know summary of a transaction, you can use the search bar of the Block Explorer by adding the transaction Hash. After providing the hash of the transaction, you’ll be able to access the senders and receivers addresses, time stamp, transaction status and the confirmations.
- Market performance, market capitalizations and circulating supply of a particular coin can be accessed using the Block explorer.
- The Block explorer gives in details the voting activities (voting percentage) or comments, the sender and receiver of vote, transaction number, time stamp etc. in a Blockchain
- Confirmation of time which a particular transaction was confirmed including the total confirmation is made easy to access in the Block Explorer.
- Users using crypto currencies can find each other by searching for their right username using the Block Explorer.
Search for different crypto currency Block Explorers And list them (At least 5 different cryptos)
The listed crypto currencies I’ll be talking about their different Block Exploring Tools.
Ethereum (ETH)
Steem
Tron (TRX)
Bitcoin (BTC)
Doge coin (DOGE)
I’ll be giving in’s details how to explore crypto coin using the particular coin Block Explorer tool. In this case I’m using the steemit Block Explorer tool to access my steemit address @jacksonmark1.
Firstly, you’ll chose for yourself a desired Block Explorer tool suitable for you to use, and I’ve mentioned several Block Explorer tool under the steem coin so you decide on the one to use. So now let’s rock the practice following the steps below 👇🏾
Step01
For a easy accessing of the steemit Block Explorer tool, you can ask through google to help list out the tools which you can use to access Block in the steemit world. I firstly made a google search and I was given different options which I decided to choose the first that was mentioned.
You can choose any tool to use.
Step02
Now when I clicked the first result option that was provided by google, I was taken to another new page. steemblockexplorer.com
In this tool, you can access the following vital informations on steemit Block which are as follows
- Top 20 witnesses on steemit
- Reward pools
- Latest Block
- Internal Market
- Steem price
- Price of steem Dollar
- Base feed price
- Blockchain properties
Step03
Insert the steemit address in the search icon up there in the exploration tool to check the details. In this case I’m gonna use my username on steemit platform to get this done. If Incase you have no steemit username you can as well use the address from the steemit Transactions you have (maybe the exchange address). Once the needed address is typed in the search box then all the details involved in the address will be displayed. Check out the screenshots below.
Step04
After adding the address and clicking on the search button, you'll be given all the account details I.e the latest transactions, balances, upvoting and downvoting power, Resource credits etc. All the latest upvotes on the transactions will also be listed. The transaction time, Hash tags are also shown on the right top part of the screen. Check out the screenshots given.
If you want to see the details then click on the hash tag of the transaction which is on the right side with the transaction time. You can easily recognize the hash tag with the help of the screenshot given below.
This Hash is the latest transaction Hash on my account
https://steemblockexplorer.com/tx/745071ae5613524d4718d87a0bfff5e8bc29de6c
Step05
To Explore the account transaction details on steemit, you’ll copy and paste the transaction Hash code .org the transaction address using the steemscan which is the same as other Block Explorer tools.
So far i have been able to know how to explore the different blocks on my own through this task and also gown this different Block works. Thanks to the professor @yousafharoonkhan for making this course asylum to understand.
Thanks for reading through my entry 👌
