August 30th, 2021 | Updated on March 4th, 2022
A block explorer is a tool that people use to view all cryptocurrency transactions online. Specifically, to view all current and past transactions on the blockchain.
It gives the user information on the blockchain’s hash rate. It also tells us the rate of transaction growth and provides other useful information.
In other words, a block explorer is an online blockchain browser which reveals the data of individual blocks and transactions. With the tool, we can monitor transaction histories and balances of addresses.