So, what exactly is a “Zcash Block Explorer”? It’s a little simpler than it might seem at first.
Zcash Block Explorer is a visual representation of Zcash tokens being passed between the network’s various nodes. Using the Zcash Block Explorer means you can keep track of all Zcash cryptocurrency received and sent over time.
Graphical representations are crucial for exploring the transactions ledger of different cryptocurrency networks, such as Zcash and Bitcoin, without any of the potentially-confusing complexities inherent in the networks’ operations.
The Zcash Block Explorer helps users lacking intricate technical skills to understand what’s happening within the Zcash network clearly. It also provides additional beneficial features, such as encrypting transactions to reinforce security and privacy. This is obviously a major motivator for people to switch to cryptocurrencies instead of fiat payments.
Zcash is often referred to as the HTTPS form of Bitcoin (which is, surprisingly, HTTP only), which may provide extra peace of mind. Zcash’s mining algorithm is Equihash, which is lighter than the common SHA 256 alternative. Equihash is typically deployed on such hardware as AntMiner ASIC systems, allowing people with weaker mining tools to keep mining Zcash.