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What will a Block Explorer look like in the future?

Block Explorer‘s Past and Present Life

Block Explorer is a tool for searching for information on blockchain networks based on a common centralization network. Like Internet browsers, Block Explorer have been developed in a way that embraces the Internet’s thinking, a small, fast-running, and fast-iterative approach.

Its function is developed from the most basic search for specific wallet address or transaction transfer information and it can also be used for more complex search queries such as the basic function of single-chain expansion, including provision of address, the number of transactions, height, statistical information, mining pool and other multi-dimensional statistical datasets. 

With the growing maturity of blockchain technology, people are more and more concerned about their data privacy while using browsers, so the decentralized browser has come into being. 

3-minute to fast learn Block Explorer

The Block Explorer, as an observation window and data interface, means that it must be loaded with large amounts of data, so how can users get data that is useful to us quickly? Let’s take the BTC.com browser as an example to explain how to use the Block Explorer effectively and quickly to get critical information.

First of all, users can see an aggregated search interface in the latest version of the home page interface, by inputting wallet address, transaction ID, block height, block hash in the search bar. Users can directly make a query, which saves them time to search in different browsers and helps them get the most critical information directly.

In the upper right corner of the homepage, users can also set the money units and language types displayed on the page. Compared with the other two browsers, they can only provide Chinese-English language switching options and BTC.com,so that users from different countries can search queries.

At the same time, users can see on the homepage the data pertaining to one of four coins including BTC, BCH, LTC and ETH, so that the user does not have to switch back and forth, all currency information is clear at a glance.

In the interface of each coin, users can get the effective information such as the whole network hashrate, the whole network difficulty, and the mining pool hashrate ranking. Here, users can focus on the whole network hashrate information, as it reflects the activity of the encryption currency mining. The larger the value, the faster the growth rate is – which shows that miners are optimistic about this encryption currency and its prospects will generally be better.

By clicking on the latest block on the homepage currency information, users can jump to the block list interface. Here, users can see the block height, the block volume, the block reward and other details, so that they can quickly understand the latest block, which mining pool does it come from and the current mining proceeds. Currently the explorer supports t eight languages.

In the interface of four currencies on the homepage, users can also click the currency name link into the corresponding browser interface.

In this interface, the number of unconfirmed transactions reflects the degree of congestion in the current BTC network, while another very critical figure is the current best fee, which relates to the cost of each user’s transfer. Combining these two data, users can see current unconfirmed quantity, which is very big. If someone is in a rush to transfer money, they can use the current best fee to fill out the miner’s fee and shorten the transaction time.

Comparison of major mainstream Block Explorers

As one of the old Block Explorer, BTC.com Block Explorer has reached the Top 3 in the world. As the largest block data query service provider in Chinese community, it can meet the demand of multi-dimensional data query & API custom service for different customer groups.

Unlike Tokenview browser and ANM browser that support multi-currency information query, BTC.com browser, as a match for the pool currency products, gives priority to mining pool and wallet support currency, so as to achieve more accurate and practical data.

In the display interface of homepage, which is the Huobi browser, users can find the quert function only and there is no data display. Tokenview shows market information, Dapps activity and trading information; ANM displays block information based on currency, and BTC.com displays BTC / BCH / ETH / LTC market information.

In the speed response aspect, when comparing by inputting the same block height at the same time, users can see that bitcoin, Blockchair and Huobi query speed in their respective support currencies are relatively fast, which can be said to be close to real-time. But Tokenview’s query is relatively slow.

Prospects for future Block Explorer trends

With the development of blockchain technology, the decentralized browser based on it has been used by more and more people.

For example, Brave browser, which is now the most popular, is a traditional browser that allows users to browse the web and perform all the regular internet content operations of other browsers. While, on the other hand, it has similar characteristic of the open source of other blockchain. Brave browser is an open-source project based on Github (the first open-source browser is a BTC.com browser). Secondly, Brave’s deep respect for users’ data privacy and ability to intercept ads effectively have greatly accelerated page load times. Most importantly, Brave creatively integrates Token BAT with blockchain technology to allow users to directly support their favorite content. 

Users can also be awarded through promoting by joining in blockchain-based digital advertising platform. In other words, Brave is not only a browser, but also can store digital assets.

At present, the decentralized browser is more like the promotion of the traditional Web browser + blockchain technology, with security and privacy increased, essentially a new ad-free pure Web browser based on blockchain technology. In the future, it is believed that the Block Explorer will also learn from the model of decentralized browser, achieving information fusion, technology fusion, application fusion, system integration, more transparent and faster and token income.

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