🚨 ZachXBT Calls for Major Overhaul of Block Explorers on Layer-1 Chains 🚨
Crypto sleuth ZachXBT is raising concerns about the current state of block explorers on several Layer-1 (L1) blockchains, claiming that many of them are overdue for significant upgrades. In a recent post on X (formerly Twitter), ZachXBT responded to DeFiance Capital’s Arthur, breaking down the quality of block explorers beyond Ethereum and calling for a fresh look at on-chain transaction tracking on L1s.
📊 The Good
ZachXBT gave a nod to a few explorers like Blockchair, Mempool, and WalletExplorer for Bitcoin (BTC), rating them as "acceptable" for tracking transactions. These tools stand out as reliable for their purpose, unlike many others.
🚧 The Mediocre
For Ethereum-compatible chains, explorers like OKLink, Solana’s Solscan, and Ripple’s Bithomp were labeled as just “okay” but not perfect. ZachXBT noted Solscan’s recent improvements, but pointed out areas where Tron and Ripple explorers still lag behind, despite providing basic filters and service attributions.
💥 The Ugly
However, ZachXBT was much harsher on certain chains like Cosmos, Bittensor, Hedera, and Aptos. He singled out SuiVision, calling it “complete garbage” for lacking proper filtering features like removing spam transactions.
🔧 What’s Next?
When asked if he'd consider building a multi-chain explorer, ZachXBT acknowledged the idea but said that profitability concerns hold back development on many chains. He added that he would only consider creating private tools for compliance teams or law enforcement, stating that the current crypto community isn’t supportive enough to build user-centric products.
Key Takeaway:
ZachXBT is pushing for an overhaul in block explorers across non-Ethereum Layer-1 chains, pointing out inefficiencies in current tools while offering a glimpse into how improvements might take shape.
Don’t Miss Out! Stay tuned for updates on these improvements in the crypto world! 🚀
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