Understanding Blockchain Visualization Tools.
A block explorer is a visualisation tool for searching a blockchain. They provide information on blocks, transactions, wallets, fees and more.
As blockchains are open and transparent public ledger systems, anyone can view real-time and historical data of a chain. It is a vital instrument for navigating the cryptocurrency ecosystem.
Block explorers are useful for finding data and technical details of a blockchain to create an idea of a network’s health. They help uncover current hash rate, transaction volumes, fees, block time, circulating supply and more.
Block explorers are chain-specific, so you won’t be able to check a Bitcoin transaction on an Ethereum explorer and vice versa.