In order to accomplish any work in life must choose the right tools and of course we must know the purpose of each tool and function and mechanism to use them to achieve the maximum benefit from them and save time and effort together, and from this principle investors in Blockchain and digital currencies need a set of tools. Today we are going to talk about one of the most important and indispensable tools and perhaps many of us need to explain about them to understand them properly Block Block browsers.
This name is not as simple and clear as it carries a lot of explanation, so here is an article to shed light on the most important points that all crypto traders and those who mining cryptocurrencies should know about Blockchain browsers and why they should use them.
What are Blockchain browsers
BlockChain As we all know, it is an encryption technology that represents a growing series of blocks that contain a record of the data of each transport. This chain is stable, decentralized, secure and, most importantly, transparent and non-perishable.
Transparent means that this digital series is available to anyone. Anyone can check the balance of any public address and view the details of any transfer on Blockchain.
These browsers simply and in a nutshell are a search tool that works like different web browsers but with a difference that they are used to browse Blockchain.
Each digital currency linked to a series blockchain own blocks and browsed Block Qin need a special browser in this currency, either officially developer or developed by individual organizations and the most famous browsers Bitcoin and most reliable blockexplorer.com and blockchain.com and blockcypher.com and btc.com and can not use it to browse LightCoin K, for example, but exclusively for Blockcypher .
Information provided by Blockchain browsers
It is the valuable information that these browsers provide that users and crypto traders need to use.
- List of the latest carriers and blocks.
- Information on all outbound and inbound transfers from any address and its total balance.
- Addresses of senders and recipients The fact that a single protractor may contain multiple recipients and multiple senders is not necessarily at the same time.
- Additional statistics and charts to explore important relationships and indicators.
How Blockchain Browsers Work
All browsers, in general, are similar in terms of the services and information you provide and they work the same way, so dealing with one means you can handle all of them and we will take the example of the Bitcoin browser.
The last blocks and the last carriers
Once the user is mining and resolving the block, they will be added to the chain and all blockchain browsers will update their information directly in real-time. Included in the cluster is a miner.
Find blocks and view all their transits
The block field and vector field will be displayed on the main page of any blockchain browser, but the information displayed on this page will be brief and concise. For deeper and more accurate information about a particular block, you can access the link of this block or insert the block order directly into the search field.
When you browse the details of one particular block, you will see a full summary of everything related to this block containing the following information:
- Several transactions on the block.
- Estimated transport volume Estimated transaction volume.
- Transaction fees.
- Total coins that were traded.
- Block weight, size, version.
- Who mined the block.
- When the block was mined.
- Hash of the current block.
- Hash of previous block and hash of next block.
As for the rest of the information on the page, it relates specifically to the transports of this block and are the addresses of the sending and receiving currency (Bitcoin here in the example) and the ID of each transport.
The Carrier ID can be clicked to obtain other information about the Carrier exclusively, such as block size, number of block confirmation times, and some additional information.
If you are a Bitcoin developer, this information will be very valuable and you will start using it every day.
This information, such as hash rate, difficulty, expected difficulty, and other network information, can help you estimate mining income and bitcoin fees needed to complete a successful transaction.
Explore the origin of the blocks and view the rich list
If you want to use Blockchain browsers, you can browse a lot of things that might surprise you. For example, you can view the first block that was mined in 2009, the address of the portfolio that you have mined, the difficulty of block mining, etc.
If you ever wonder which Bitcoin address holds the highest number of cryptocurrencies, you can check the most common address through the number of outputs and the list of 100 richest Bitcoin addresses, but this information is not available on all blockchain browsers and can not be obtained For special currencies like Monero.
In addition to much other information, you can get through these browsers such as the largest transporter, Mempool status, blockchain size, total transfers per day, orphan blocks and many more.