How do you use a block explorer?
Cointelegraph
Published Dec 09, 2020 06:52AM ET
Updated Dec 09, 2020 08:40AM ET
A blockchain, in its essence, provides a digital record of transactions. At present, this most often pertains to transaction records for cryptocurrencies like Bitcoin (BTC). The database of records, called blocks, is often touted for its transparency and immutability. But what do these features really mean? If you want to analyze a blockchain transaction, you first need to know how to use a block explorer.
A block explorer is a crucial instrument in the toolbox of a cryptocurrency and blockchain user. Similar to web browsers that allow users to surf web pages, blockchain or block explorers enable users to navigate a blockchain.
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Written By: Cointelegraph
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