Crypto Academy Season 3 Beginners Course-Homework Post For Task 2:Blockchain,Decentralization,Block explorer.

in SteemitCryptoAcademy3 years ago

20210624_105018_0000.png

QUESTION3]WHAT IS A BLOCK EXPLORER? AND WHAT IS ITS PURPOSE AND USE? SEARCH FOR DIFFERENT CRYPTOCURRENCY BLOCK EXPLORERS AND LIST THEM BELOW. ATLEAST FIVE DIFFERENT CRYPTO CURRENCIES. ALSO EXPLORE THE TRANSACTION OF A CRYPTO COIN ON BLOCK EXPLORER AND EXPLAIN WITH THE HELP OF SCREENSHOT.

Block explorer are websites that users can use to access block information, addresses, transactions both current and past in the blockchain network, with the block explorer transactions id of any transactions on the blockchain can be viewed or explored.
Block explorer makes the information accessible and available to all.

Block explorer provides updates such as latest block or transaction, block size, amount transferred or sent, date and time of transaction, market capitalization, total transaction and circulation of the token etc. Moreover, block explorer enables particular transactions or addresses to be tracked or monitored to enable users to know the current situation of their transaction also provides hash rate.

Most block explorers provide daily chart, weekly chart, monthly, yearly or all-time chart to enable users make or analyze information about the network.
With all these information available on block explorers’ users gain information of past and current growth or decline in the transaction of that particular cryptocurrency.
Block explorers provides the source and destination of funds.

Different cryptocurrency block explorers include
1]viewblock.io
2]enjinx.io
3]explorer.coti.io
4]hecoinfo.com
5]ftmscan.com
6]monatokenview.com
7}sc.tokenview.com

Explore the transaction of a crypto coin on block explorer and explain with the help of screenshot

First login coinmarketcap.com then select synthetix
Screenshot (29).png

click explorer select hecoinfo.com

Screenshot (30).png

Here we have the list of transactions the first column txn hash is the transaction id of the different transactions, the second column age is the time the transaction occurred, the next column is the senders address followed by the receiver’s address, the last column signifies the quantity that was transferred.

Screenshot (39).png

scroll down and click any of the transactions hash id to get details of that particular transaction

Screenshot (45).png

Over here we can see transaction hash which is the id to identify that particular block transaction also timestamp which is 4 minutes ago coupled with the addresses of both the sender and receiver of tokens transferred.

Screenshot (47).png

scrolling down here we can see the transaction fee
Screenshot (48).png

Conclusion
Thanks to professor @yousafharoonkhan for the lectures.

Sort:  

Hello @nikoyana,
Thank you for taking interest in the 2nd Task of the Beginners’ class. Your grades are as follows:

CriteriaCalculation
Presentation/Use of Markdowns1.5/2
Compliance with Topic1.5/2
Quality of Analysis1.5/2
Clarity of Language1.8/2
Originality2/2
Total8.3/10


Feedback and Suggestions
  • You write in simple and clear words. You clearly understand the topic.

  • On the question of different explorers, you were supposed to mention some cryptocurrencies and post the links of their explorers.



Thanks again as we anticipate your participation in the next class.

 3 years ago 

Thank you teacher

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.034
BTC 64038.60
ETH 3148.89
USDT 1.00
SBD 3.97