Academy Information Center Article

OKLink to realize Web3 goal by strengthening Multichain explorer strategy


Blockchain data and information service provider OKLink has strengthened its product development this year by releasing a series of upgrades to its product line, including several remarkable changes to its multi-blockchain explorers. These are viewed as critical steps that could help realize its parent entity OKG’s ambition of becoming a Web3 conglomerate.

A highlight of OKLink’s blockchain explorer pre- and post-Ethereum Merge

“We are confident of becoming a hub in the Web3 era as demand for blockchain data has increased substantially along with the constant development of the crypto world,” said Hermione, head of the multichain explorer product team at OKLink.

Hermione’s confidence is not groundless. Not long ago, she and her teammates witnessed a growth of four times in website traffic around the Ethereum Merge on Sept. 15. “We had prepared a countdown page for the Merge pretty early so that our users could always know when it would happen,” added Hermione. As the Merge drew near, the team’s efforts started to get noticed when more and more people began to post screenshots of the page here and there.

Another thing that Hermione felt delighted to talk about was that OKLink was the first to launch a reliable EthereumPoW (ETHW) explorer in the industry and is now the only official provider of blockchain explorer for ETHW, a forked blockchain of Ethereum after the Merge.

It was no accident that the market gave positive feedback on OKLink’s products. “We’ve made tangible progress in developing and honing the multichain explorer this year due to our adopted strategy,” explained Hermione. “When the opinions from our users value more in the decision-making process, we’re encouraged to strive to make blockchain data understandable and accessible for a wide and varied audience interested in blockchain and crypto.”

The multichain explorer developed by OKLink incorporates a multitude of different blockchains into one search engine. Users can filter blocks, transactions and content by various criteria over blockchains. It currently supports 18 public blockchains, all of which are of broad concern in the market: Solana, Polygon and Avalanche, to name a few. Moreover, at least eight more explorers for public blockchains, such as Optimism, Arbitrum, Fantom and Aptos, are waiting to roll out. 

Besides, the open APIs provided by OKLink’s multichain explorer have granted developers and researchers full access to the data contained on four blockchains. All blockchain explorers will support API access in the future. The API feature may aid numerous analytical queries, such as filtering, sorting and aggregating up-to-the-minute blockchain data. Businesses could also benefit from connectivity and query options that tailor and aggregate meaningful data in many ways to provide the best product for traders, custodians, exchanges and private investors at fast speeds and reliability. 

Furthermore, for the convenience of users from around the globe, OKLinks multichain explorer could switch between 12 languages. And also, blockchain data is mostly well visualized in charts or diagrams to match users’ needs for comparing trends across blockchains. 

The new normal: Multichain explorer as a vital entrance to the Web3 world

For any crypto market participant, whether a trader, a crypto wallet service provider or a crypto exchange, a blockchain explorer would be a must to understand what is happening on the blockchain in real-time.

There has been a broad consensus that search engines are now the critical Web2 infrastructure. And we are all getting used to finding data or information by “Googling” around. While in the era of Web3, most data would be stored on the blockchain, a ledger that contains all the transactions ever processed. Consequently, finding one particular data entry would be like looking for a needle in a haystack. The easier way to examine and explore on-chain data and information would be to use a blockchain explorer. This would also gradually become Web3 users’ new normal.

With the ongoing development of the blockchain industry and the introduction of new techniques (especially the interoperability between blockchains), a significant trend has formed where the multichain explorer is becoming more and more popular. 

Just like dining in an all-you-can-eat restaurant, one may access data and information from various blockchains at the same time through the help of a multi-blockchain explorer. Furthermore, the service provider may add additional functions and features to the explorer, such as in-depth research and analysis of the crypto market. 


Credit: @Cointelegraph

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