What is Block explorer

Block explorers are online search tools that can be used to find specific pieces of blockchain data. Users can search for block contents, transaction addresses, the network hash rate of a blockchain, and so on. There are various block explorers available for Bitcoin and other altcoins. Users can leverage block explorers to observe blockchain activity in real-time. Miners, for example, can confirm that they have successfully mined a block. In addition, block explorers show how much a miner has earned, what addresses rewards have been sent to, and the number of confirmations associated with a block. Cryptocurrency traders use block explorers to check transaction statuses, track blockchain activity, and obtain market data.

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