Crypto sleuth ZachXBT discussed the poor quality of block explorers available for several layer-1 blockchains in a Sept. 5 X post.
Responding to Arthur, the founder of DeFiance Capital, ZachXBT categorized block explorers into tiers, highlighting the need to improve onchain transaction tracking on various L1s outside of Ethereum.
According to ZachXBT’s initial response, most explorers beyond the Ethereum ecosystem that he rates as “okay” require a “complete overhaul.”
Source: ZachXBT
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The good
ZachXBT acknowledged that Blockchair, Mempool and WalletExplorer for Bitcoin (BTC) were “acceptable,” rating them as “good block explorers” for transaction tracking.
When the community asked ZachXBT whether it would build a “multi-chain block explorer,” ZachXBT responded that it was “nice in theory,” but due to profitability, a lot of chains are “not worth building on.”
However, ZachXBT explained one such venture he would pursue in a further response.
“[The] only sort of analytics company I would ever consider building is private tools/data for compliance teams, LE, etc bc overall the crypto community is far too entitled to create products for in its current state.”
Related: Memecoin ‘mastermind’ Sahil likely made $3M from ‘Celeb meta’ — ZachXBT
The “okay”
ZachXBT rated the block explorers on Ethereum Virtual Machine (EVM)-compatible chains supported by OKLink, Solana’s Solscan and Ripple’s Bithomp as “okay” but not optimal.
Solscan received a slightly more favorable take, attributed to it at least being able to “filter for most information nowadays,” while Tron “could be better” despite allowing basic filters.
“Ripple has Bithomp which has good attribution for services/exchanges.”
Source: ZachXBT
Related: ZachXBT criticizes Irene Zhao’s new memecoin amid past failures
The ugly
ZachXBT reserved the “bottom tier” for Cosmos, Bittensor, Hedera, Harmony, Algorand, Aptos and Sui, particularly describing Aptos and Sui as “not great.”
Source: ZachXBT
In an Aug. 12 X post, ZachXBT discussed Sui’s “nonexistent” block explorer, SuiVision, for specific failings, including “no way” to filter out spam transactions or “tokens, amounts, date/time, etc.”
He described SuiVision as “complete garbage” but did suggest there is “potential” if someone makes the “right updates” or “gives grants” to the right teams.
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