10 Questions
What is the main purpose of a block explorer?
To view blockchain activity
What is the technical term used to refer to tracking the status of a pending transaction?
Mempool status
What is the most accurate statement about block explorers?
They are used to view the balance of a wallet
What is the most accurate description of a block explorer?
A tool used to view the balance of a wallet
What is the purpose of block explorers?
To view blockchain activity
What is the technical term used to refer to tracking the status of a pending transaction?
Mempool status
What is the most accurate statement about block explorers?
They are used to view the balance of a wallet
What type of task can block explorers be used for?
Predicting cryptocurrency prices
What is the purpose of a block explorer?
To view blockchain activity
What is the technical term used to refer to tracking the status of a pending transaction?
Mempool status
Study Notes
- Block explorers allow users to view blockchain activity.
- Some block explorers are used for tracking the status of a pending transaction (technically referred to as exploring Mempool status since the transaction has not yet been recorded in a block and added to the chain) or to view the balance of a wallet.
- Other block explorers are used for more advanced tasks, such as predicting cryptocurrency prices.
Test your knowledge about block explorers, which are tools used to view blockchain activity, track pending transactions, view wallet balances, and perform advanced tasks like predicting cryptocurrency prices.
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