Blockchain Explorers Explained: How to Use Etherscan and Other Tools

Test Your Knowledge

1. What is the primary function of a blockchain explorer?

A) To create new cryptocurrencies

B) To allow users to access and verify blockchain data

C) To mine blockchain transactions

D) To offer investment advice

2. What is a key feature of Etherscan?

A) It allows users to track Ethereum transactions and explore smart contracts

B) It can only track Bitcoin transactions

C) It is only for viewing wallet balances

D) It provides blockchain mining services

3. How does a blockchain explorer contribute to Web3?

A) It centralizes the data for easier access

B) It enhances transparency and security by allowing independent verification of blockchain data

C) It limits user access to blockchain transactions

D) It eliminates the need for cryptocurrencies