algo block explorer | BTCC Knowledge

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What is block explorer?

Block explorer is a website or a tool that allows one to browse through blocks, view wallet addresses, network hashrate, transaction data and other key information on the blockchain. Block Explorer is simply a search tool. Just like how you use web browsers to browse through the Internet; block explorers allows one to browse the blockchain.

What is a blockchain explorer?

Similar to web browsers that allow users to surf web pages, blockchain or block explorers enable users to navigate a blockchain. Sometimes referred to as the “Google of crypto and blockchain” in the crypto community, a block explorer lets users extract important data about crypto transactions such as addresses and fees.

How can a block explorer track Your cryptocurrency?

Use a block explorer to track where your crypto comes from Transaction history is probably one of the most exciting opportunities unlocked by block explorers. While traditional payment services only allow users to track their own transactions, a public blockchain enables users to track virtually any wallet.

Does bitcoin have a block explorer?

Block explorers exist for Bitcoin and some altcoins. To search for the transactions of a particular coin, users must use the block explorer specific to that cryptocurrency. To learn more about Bitcoin, read What Is Bitcoin?