ZachXBT Calls for Overhaul of Block Explorers For Layer 1 Chains

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  1. Initial Critique by ZachXBT
  2. Evaluation of Block Explorers
  3. Further Critique and Suggestions

  4. Pseudonymous blockchain investigator ZachXBT has raised concerns about the quality of block explorers for numerous Layer 1 blockchain networks.

    Initial Critique by ZachXBT

    In a September 5 post on social media platform X, ZachXBT argued that most block explorers outside of Ethereum’s Etherscan are in urgent need of a comprehensive redesign to enhance their functionality. This critique was in response to a question by Arthur Cheong, founder of DeFiance Capital, about which blockchain networks have user-friendly block explorers and easily trackable on-chain transactions.

    Evaluation of Block Explorers

    The famous blockchain sleuth ranked various block explorers and rated the block explorers for Ethereum Virtual Machine (EVM)-compatible chains, such as those supported by OKLink, as well as Solana’s Solscan and Ripple’s Bithomp, as “okay” but not ideal. Blockchair, Mempool, and WalletExplorer were rated as “good block explorers,” the analyst noted that they were acceptable tools for tracking Bitcoin transactions. ZachXBT placed Cosmos, Bittensor, Hedera, Harmony, Algorand, Aptos, and Sui in the “bottom tier” for block explorers. They specifically criticized the ones for Aptos and Sui, describing them as “not great” for on-chain transaction tracking.

    Further Critique and Suggestions

    Meanwhile, ZachXBT had earlier criticized Sui’s block explorer, SuiVision, for its significant shortcomings in another X post on August 12. They highlighted the platform’s inability to filter spam transactions, tokens, amounts, or even date and time, calling it “complete garbage.” However, ZachXBT noted that with the proper updates or grants to the appropriate teams, there is still “potential” for improvement. When asked by the community if they had plans to develop a “multi-chain block explorer,” ZachXBT responded that, while appealing in theory, many chains aren’t profitable enough to justify the effort. However, they suggested pursuing a similar project, promising to share more details in a future update.

    In conclusion, ZachXBT is calling for significant improvements in block explorers for Layer 1 networks. They acknowledge the potential for changes but emphasize the need for investments and updates to realize these improvements.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Zcash's Impressive Market Performance and ETF Launch

chest

Zcash has experienced a remarkable price increase, gaining over 2,300% in the past year, aided by the launch of Grayscale's Zcash ETF.

user avatarLucas Weissmann

Zcash Surpasses $1,000 Mark, Achieving New All-Time High

chest

Zcash's price broke above $1,000 for the first time in nearly a decade, marking a significant milestone in its market performance.

user avatarRajesh Kumar

Trezor Implements New Security Measures After Data Breach

chest

Trezor is enhancing security measures, including anonymous delivery options, in response to a data breach affecting 67,000 customers.

user avatarFilippo Romano

Data Breach Affects 67,000 Trezor Customers

chest

A data breach at shipping provider ShipMonk has exposed personal information of 67,000 Trezor customers in the US.

user avatarEmily Carter

BAI Establishes Global Settlement Layer for AI Agents to Enhance Collaboration

chest

BAI is building a global settlement layer to enhance collaboration and efficiency among AI agents across various workflows.

user avatarTomas Novak

BAI Launches Free Access to Premium AI Models, Surpassing 133 Trillion Daily Tokens

chest

BAI has launched free access to its premium AI models, leading to a significant increase in platform activity and user adoption.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.