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Blockstream, a leading provider of blockchain technologies, has launched a new block explorer that allows users to monitor real-time data for both the Bitcoin (BTC) blockchain and the Liquid Network sidechain.

According to the announcement, the platform provides data drawn from a Bitcoin Core full node and supports SegWit, bech32, and other modern Bitcoin features. As it stands, is designed primarily for the average user, but the company notes that as things progress, more features will be released specifically for developers.

The explorer also provides peg-in and peg-out monitoring for transactions between Bitcoin and the Liquid Network, which is the first-ever Bitcoin sidechain designed to provides fast, secure and confidential transactions for major financial institutions, exchanges and market makers.

“Our original driver for building the block explorer was for users on the Liquid sidechain to cross-check transactions. Also, Liquid functionaries themselves benefit from the explorer as a dashboard to monitor the network’s activity,” reads the announcement.

Since the launch, many notable influencers and organizations have come out in support of the new block explorer’s speed and functionality.

🚀  TRON (TRX) Passes Ethereum (ETH) in Daily Transactions
More: Blockstream Launches Liquid Network, the World’s First Bitcoin (BTC) Sidechain
Opinion: Blockstream: When Will the Level of Dishonesty and Manipulation End?

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.



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