Block Explorer
By CoinGecko | Updated on Nov 03, 2020
Block explorer refers to application or websites which display information and status of transactions of a given public blockchain network. They usually do this by running their own nodes (they become part of the network), and then index information that may be relevant to the users. This opens up access to the data of a blockchain and allows regular users to look at progress of transactions or verify that a transaction has occurred without needing to run a node themselves.
Related Terms
Pre-sale
A typically exclusive token sale event preceding a public ICO
Algorithm
Algorithm is a set of rules to follow to solve a problem or conduct a task.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
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