Cryptocurrencies

Ankr Launches Appchain Block Explorer and Analytics Platform

Published by
Written By: Michael Abadha
Share
    Summary:
  • Ankr has launched Chainscanner, a block explorer and analytics platform for Appchains. Find out why it is a win for developers and users.

Ankr, the Web3 infrastructure provider, has launched Chainscanner, a comprehensive block explorer and analytics platform designed for AppChains. Developers and end-users alike can profit from the platform because of the simple interface it provides for dealing with AppChains deployed on sidechain ecosystems such as BNB, Polygon, and Avalanche.

Why Ankr’s Chainscanner is a game-changer

Chainscanner provides developers and users with easy access to transparent data and statistics on validators, active users, token information, token holders, and more. Also, I t enhances the user experience by providing access to tools that expedite data searches, token staking, governance proposal voting, development resource acquisition, validator application processing, and chain education.

Users of Chainscanner can also stake tokens in favour of AppChains and participate in AppChain governance. Developers can use Chainscanner to gain insights regarding the supply and demand for staking, as well as the performance of their chain in comparison to other chains on the market. Conversely, users can learn about the popularity of a Web3 app by collecting information about the number of staking transactions performed on a specific chain or token.

The poor transaction speed and high gas fees that are preventing widespread adoption of Web3 can be mitigated by allowing developers to build their own blockchains atop Sidechain frameworks. In addition, developers can now access on-chain data and transactions without creating block explorers, employing other blockchain infrastructure from scratch, or paying for costly solutions.

Ankr provides a comprehensive engineering solution called AppChains-as-a-Service, which helps Web3 developers quickly and easily create blockchains tailored specifically to their applications. Ankr thinks it’s crucial to simplify blockchain development, guarantee scalability, and allow for app-specific modification before releasing Web3 to the people.

Programming languages, consensus techniques, and development frameworks are all open options with AppChains. Without having to rely on complex smart contracts or asset bridges, they may fine-tune the safety of their decentralized applications.

This post was last modified on Oct 20, 2022, 16:00 BST 16:00

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha