Block Explorers enable users to monitor blockchain transactions, blocks, fee rates, address balances, and much more, for multiple public and private blockchains, all within one dashboard. Block Explorers are essentially the internet browsers of blockchain and a pivotal layer needed in order to successfully interface with a blockchain. A business may want to build a Block Explorer to see live fee rates, mempool activity, conduct bulk import/export of addresses, and share transaction statuses with customers.
The challenge with building a Block Explorer, however, is that blockchains are notoriously difficult to develop with. Blockchain data is messy, constantly reorganizing and updating, and does not play well with other data. Furthermore, the infrastructure required to gather this data in the first place is expensive and complex, turning away most who desire to build a Block Explorer. This usually resorts to utilizing somebody else's untailored, clunky software.
Building a Block Explorer from scratch (without Blockset) would require costly cloud infrastructure, dedicated Dev-ops personnel to maintain each blockchain node, specialized resources that are at the ground level of each open-source project, indexing tools for the blockchain nodes you are managing, custom services for aggregating and translating blockchain data, a custom API for formating and calling blockchain data into web client context, and many other technical/operational considerations.
Blockset takes care of all the expensive cloud infrastructure, complicated node management, custom services, specialized dev-ops, and more, so that dealing with blockchain data becomes simple and accessible. The Blockset API takes all the low-level blockchain data and gives it to you in an application ready format.
Block Explorers are one of the most important software layers needed in order to interface with a blockchain. Building a Block Explorer can be useful for many applications as they provide a visual interface to explore, track, and analyze blockchain data. If you wanted to develop a Block Explorer from scratch, it would take extensive custom hardware and software development, requiring you to hire specialized Senior Dev-ops personnel and maintain continuous infrastructure updates. With Blockset's API, these efforts are taken care of and getting the blockchain data for your a Block Explorer becomes as simple as making an HTTP request.
Contact us for any help and questions regarding Blockset implementation.