What is a blockchain explorer? A blockchain explorer is like a search engine that reveals information about the past and current state of a blockchain. In this guide, we’ll discuss how to harness the open and transparent nature of public blockchains.
Pizza Day transaction page
, you can scroll down to check the transaction details. These include the unique hash for the transaction, the confirmation status, the timestamp, the number of confirmations, the total input and output, the miner fees, and more. You can see there was a transaction fee of 0.99 BTC paid to the miner on top of the 10,000 BTC for the pizzas.Clicking the block height will give you details about the block in which this transaction was included.
However, this emphasis on full public transparency can lead to mapping the history of transactions and addresses known as chain analysis. This can unmask the pseudonymous nature of the addresses, especially for users that tend to use the same addresses multiple times . Other public blockchains strike a different balance between transparency and privacy.
Now that you have a rough understanding of how blockchain explorers work, have a play with them yourself. You might be surprised by what secrets you uncover!
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