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What is a cryptocurrency block explorer?

A cryptocurrency block explorer is an online blockchain browser that can show the details of all transactions that have ever happened on a blockchain network. There are block explorers for Bitcoin and also for individual altcoins. Some block explorers can be used on multiple different networks, while others are only for one specific blockchain.

What is the block explorer and how does it work?

If you’re new to Bitcoin, one of the first things you’ll likely encounter is the block explorer or blockchain explorer. Essentially, these are online tools that provide cryptocurrency users with information on the contents of individual transactions and blocks available on the blockchain.

What information can you see using blockchain explorer?

In addition to this; few other information that you can examine using blockchain explorer are as follows: Viewing largest transaction, Mempool status, double spend incidents, blockchain size, total transaction per day, orphaned blocks and market capitalizations.

What is the best Bitcoin block explorer?

On August 2014 Coinbase purchased Blockr.io (mainly for the talent of the developers). Blockexplorer.com – Perhaps not as well designed as the others but definitely the longest existing block explorer. The website supplies the basic information for all Bitcoin transactions and wallets.

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