Search
Close this search box.

NEAR Blockchain Explorer and Its Role in Blockchain Technology

Publisher

September 14, 2024
Disclosure At Cryptowinrate.com, we believe in transparency and building trust with our audience. Some of the links on our website are affiliate links, which means we may earn a commission at no additional cost to you if you decide to make a purchase through these links. Please note that we only recommend products and services that we have used ourselves or that have been highly recommended by trusted sources.
Our goal is to provide informative and useful content to help you navigate the world of cryptocurrency. The compensation we receive from affiliate partnerships helps us maintain and improve our site, but does not influence our reviews or the information we present.
Near Blockchain Explorer Getblock

NEAR Protocol emerged in 2020 as a prominent player in the blockchain area, bringing in unique features and capabilities that set it apart from its counterparts.

Let’s conduct a brief investigation of the network using its blockchain explorer to uncover what valuable insights it can provide.

 

Introducing NEAR Blockchain

NEAR Protocol endeavors to rival other smart-contract-based protocols through its emphasis on scalability, developer-friendly environment, and user-centric approach.

Unlike some other networks bogged down by scalability issues and high transaction fees, it boasts a high-performance blockchain capable of processing thousands of operations per second at minimal costs.

Its design emphasizes simplicity and accessibility, making it an ideal platform for decentralized applications (dApps) and Web3 projects seeking to harness the power of blockchain technology.

NEAR blockchain explorer is an indispensable component of the ecosystem, serving as a powerful tool that grants insight into internal network activity.

 

Understanding Blockchain Explorers

Before delving into the specifics of NEAR exploration, it’s essential to grasp the concept of explorers in general.

Scanners, or explorers, are web-based tools or applications that allow users to look into decentralized networks directly. They provide a user-friendly interface for querying and visualizing on-chain data, making it easier for users to navigate and understand the underlying processes.

From an architectural perspective, these apps typically retrieve data from the blockchain nodes and APIs (Application Programming Interfaces) provided by infrastructure services.

Let’s delve into the functionality of explorers with a specific focus on NEAR Protocol using an exemplary tool.

 

GetBlock’s NEAR Explorer in Action

GetBlock’s NEAR blockchain explorer offers a multitude of features that highlight the most distinct features of the NEAR protocol.

Conveniently segmented into sections, it unveils essential data with varying levels of detail, catering to diverse informational needs.

 

Generalized view

The dashboard provides a snapshot of the network’s vitality, encompassing key statistics such as native token metrics, account activity, current block height, transaction throughput, and other stats crucial for assessing the chain’s health and performance.

 

Real-Time Updates

The platform offers real-time updates on the latest blocks and operations, allowing users to track the lifecycle of assets and smart contract interactions on the network. Traditionally, it provides detailed transaction information and associated smart contract calls.

 

Exploring Network Participants

NEAR blockchain explorer is a nice starting point in researching user accounts and the validator landscape.

The “Validators” section provides key statistics and gives an overview of the entities responsible for securing transactions on the network and their contributions to the NEAR Protocol’s security and decentralization.

It lists the top validators, their status, and their respective stakes in NEAR tokens.

 

Detailed Transaction Data

In addition to traditional transfer details like addresses, gas usage, and block inclusion, it offers a plethora of additional data for every transaction.

The execution plan, allowing users to understand the sequence of operations performed during operation execution, is one of the types of data provided.

Furthermore, the explorer shows detailed receipts with a breakdown of the following details:

  • event logs generated during the execution that provide further insights into the underlying processes and interactions within the network;
  • predecessor ID, indicating the previous state of the account before the transaction was executed;
  • types of action within the transaction, such as a function call or token transfer, gives users clarity on the purpose of each operation;
  • arguments passed to the action, encompassing details necessary for executing the transaction. It may include method names, parameters, and other relevant data;
  • the outcome of the transaction execution, including any returned values or encountered errors during processing.

In other words, NEAR blockchain explorer plays a crucial role in providing real-time data and insights, allowing users to monitor transactions and developers to retrieve valuable data.

 

In conclusion

Blockchain explorers in general act as the web portal between users and the network, ensuring transparency and reliability in the cryptocurrency ecosystems. As blockchain technology evolves, these tools will continue to be indispensable for providing users with confidence and trust in the decentralized landscape.

 

Our recommendation:

🏆 Best Exchanges in US

Zoomex logo icon

Zoomex

Best no-KYC crypto exchange

btcc logo crypto exchange

BTCC

Best derivatives exchange in US

BYDFI logo icon

BYDFi

200x leverage futures trading

Kraken exchange logo

Kraken

Oldest crypto exchange in US

Coinbase

Beginner-friendly newbie exchange

Binance US logo icon

Binance US

Limited US Binance Version

🏆 Best Exchanges in Germany

1. Bitget

Best crypto exchange overall in Germany

2. Bitpanda

Basic beginner crypto exchange in Germany

Bybit crypto exchange logo

3. Bybit

$30,000 sign up bonus!

4. OKX

World class derivatives trading!

5. eToro

TradFi + Crypto exchange in Germany

Zoomex logo icon

6. Zoomex

Best no-KYC crypto exchange in Germany

🏆 Best Exchanges in the UK

Bitget

Best overall crypto exchange in UK

MEXC Exchange Logo

MEXC.

Lowest fees, highest profits!

OKX

World class derivatives trading!

Binance

Largest crypto exchange in UK

Huobi

Great overall crypto exchange in UK

Zoomex logo icon

Zoomex

Best tier no-KYC exchange in UK

🏆 Best Exchanges in Canada

Bitget

Overall best crypto exchange in Canada

Phemex crypto exchange logo icon

Phemex

Top tier no-KYC exchange!

VirgoCX

Beginner exchange for newbies in Canada

BYDFi

Licensed United States exchange!

MEXC Exchange Logo

MEXC

Lowest fees, highest profits!

Kraken exchange logo

Kraken

Oldest crypto exchange in Canada

Related Articles

How to Add Kava to MetaMask

How to Add zkLink Nova to MetaMask

How to Add Pulsechain to MetaMask

How to Add Taiko to MetaMask

How to Add Astar zkEVM to MetaMask

Days
Hours
Minutes
Seconds
Days
Hours
Minutes
Seconds