Web browsers are an integral part of life - without them, it would be impossible to navigate the Internet in an easy way. Even if you're not familiar with the word "browser," you've certainly used one: Google Chrome, Apple Safari, and Mozilla Firefox are just a few of the major browsers available today. But how do they work? Basically, when you visit a website, your browser sends a request to the server on which the website "resides". The server then sends back the content you see on your screen.

What is a crypto browser?

If you haven't heard of crypto browsers, it's probably because many people also refer to them as blockchain browsers. Both terms refer to web browsers that support Web3 technologies such as blockchain. More specifically, these browsers bridge the gap between today's Web 2.0 experience and the decentralized internet envisioned by Web 3.0 enthusiasts. By allowing users to access decentralized protocols through a familiar interface, crypto browsers provide a key gateway to the decentralized ecosystem, especially for beginners. Almost all crypto browsers integrate a crypto wallet with which you can buy, sell or store your cryptocurrency. While some of these crypto wallets are built into the browser (aka "browser native"), many run as extensions. What is blockchain? Openness and transparency are the core concepts of cryptocurrencies. In addition to providing information to the few who have the privilege of control, blockchain also provides an equal platform for users, which is one of the most commendable advantages of blockchain. But what exactly do these mean? Do you know how many bitcoins your neighbor has? How can you view and verify public data yourself? Have you ever had a payment missing, or had someone swear that they had made a payment and you didn't receive it? In the current financial system, this is a "word of mouth" situation or may require third-party intervention. Blockchain introduces the concept of public transparency, where information is readily available to all, making such issues a snap to solve. It provides useful information about the state of the network, including transaction and address history, making it easy to track and verify transactions with ease. This effectively helps transactions and contracts to be easily confirmed and verified.

How does a bitcoin browser work?

Like a search engine, the bitcoin browser displays information about the past and present of the bitcoin. This helps to track a specific payment process or view the balance and history of an address. Anyone with an Internet connection can use the browser to view all transactions on the public bitcoin blockchain. Each bitcoin will have a command line interface (CLI) to interact with the database and view the history of the network. However, browsers with CLI are not user-friendly to the public. This is why most bitcoin blockchains have browsers with a graphical user interface (GUI) to display information in a more user-friendly interface. Let us discuss the bitcoin browser: The homepage shows high-level data on the Bitcoin blockchain, including price, predicted hash rate, daily transaction volume, and total transaction volume. You can also see price trend charts and memory pool size. At the bottom, we are able to monitor the latest blocks and transactions. (1)Price: Aggregation of USD prices across multiple markets. In most cases, the price is determined by the quoting supplier rather than the spot price of a particular trading platform. (2)Predicted hash rate: Miners secure the bitcoin blockchain by performing the current predicted count rate. This can be seen as a metric for securing the bitcoin blockchain proof of work (PoW). (3)Transactions: The number of specific transactions confirmed in the past 24 hours. Transactions need to be loaded into validated blocks (blocks mined successfully by miners) in order to be confirmed. (4)Transaction value: Measure the total value of confirmed outputs (in bitcoins) on the bitcoin blockchain over the past 24 hours. Due to the way Bitcoin operates, this total value also includes the amount of output that is not spent and is returned to the "spending" wallet as a change. (5)Transaction value (Predict): Estimate the real transaction value (in bitcoins) transferred between exclusive wallets. Subtract the output returned to the "spending" wallet as change from the "transaction value" above. (6)Memory pool Size: The size of the memory pool is based on the total number of transactions (in bytes) waiting to be loaded into the block, represents the amount of transaction activity in the bitcoin blockchain, and can indicate the cost required for fast confirmation. (7)Latest Blocks: Display a list of confirmed blocks in order from newest to oldest, including details such as block height, timestamp, miner name (if known), and block size. Click "Block Height" to view the transaction information of the loaded block. Clicking on "Miner" will display the address information of the block miner. The miner's public address may be a known mining pool address.

Conclusion

The bitcoin Browser has the open and transparent features of the public blockchain and is highly useful. It provides useful information about the state of the network, including transaction and address history, to facilitate easy tracking and verification of transactions. However, the fully transparent nature also results in a mapping of the history of transactions and addresses, known as "chain analysis". This reveals the pseudonymous nature of addresses, especially for users who tend to use the same address multiple times (not recommended). Other public blockchains, such as Monero, have different trade-offs in terms of transparency and privacy.

The article is from https://yilu.us/knowledge/how-does-a-bitcoin-browser-work.

Web browsers are an integral part of life - without them, it would be impossible to navigate the Internet in an easy way. Even if you're not familiar with the word "browser," you've certainly used one: Google Chrome, Apple Safari, and Mozilla Firefox are just a few of the major browsers available today. But how do they work? Basically, when you visit a website, your browser sends a request to the server on which the website "resides". The server then sends back the content you see on your screen.

What is a crypto browser?

If you haven't heard of crypto browsers, it's probably because many people also refer to them as blockchain browsers. Both terms refer to web browsers that support Web3 technologies such as blockchain. More specifically, these browsers bridge the gap between today's Web 2.0 experience and the decentralized internet envisioned by Web 3.0 enthusiasts. By allowing users to access decentralized protocols through a familiar interface, crypto browsers provide a key gateway to the decentralized ecosystem, especially for beginners. Almost all crypto browsers integrate a crypto wallet with which you can buy, sell or store your cryptocurrency. While some of these crypto wallets are built into the browser (aka "browser native"), many run as extensions. What is blockchain? Openness and transparency are the core concepts of cryptocurrencies. In addition to providing information to the few who have the privilege of control, blockchain also provides an equal platform for users, which is one of the most commendable advantages of blockchain. But what exactly do these mean? Do you know how many bitcoins your neighbor has? How can you view and verify public data yourself? Have you ever had a payment missing, or had someone swear that they had made a payment and you didn't receive it? In the current financial system, this is a "word of mouth" situation or may require third-party intervention. Blockchain introduces the concept of public transparency, where information is readily available to all, making such issues a snap to solve. It provides useful information about the state of the network, including transaction and address history, making it easy to track and verify transactions with ease. This effectively helps transactions and contracts to be easily confirmed and verified.

How does a bitcoin browser work?

Like a search engine, the bitcoin browser displays information about the past and present of the bitcoin. This helps to track a specific payment process or view the balance and history of an address. Anyone with an Internet connection can use the browser to view all transactions on the public bitcoin blockchain. Each bitcoin will have a command line interface (CLI) to interact with the database and view the history of the network. However, browsers with CLI are not user-friendly to the public. This is why most bitcoin blockchains have browsers with a graphical user interface (GUI) to display information in a more user-friendly interface. Let us discuss the bitcoin browser: The homepage shows high-level data on the Bitcoin blockchain, including price, predicted hash rate, daily transaction volume, and total transaction volume. You can also see price trend charts and memory pool size. At the bottom, we are able to monitor the latest blocks and transactions. (1)Price: Aggregation of USD prices across multiple markets. In most cases, the price is determined by the quoting supplier rather than the spot price of a particular trading platform. (2)Predicted hash rate: Miners secure the bitcoin blockchain by performing the current predicted count rate. This can be seen as a metric for securing the bitcoin blockchain proof of work (PoW). (3)Transactions: The number of specific transactions confirmed in the past 24 hours. Transactions need to be loaded into validated blocks (blocks mined successfully by miners) in order to be confirmed. (4)Transaction value: Measure the total value of confirmed outputs (in bitcoins) on the bitcoin blockchain over the past 24 hours. Due to the way Bitcoin operates, this total value also includes the amount of output that is not spent and is returned to the "spending" wallet as a change. (5)Transaction value (Predict): Estimate the real transaction value (in bitcoins) transferred between exclusive wallets. Subtract the output returned to the "spending" wallet as change from the "transaction value" above. (6)Memory pool Size: The size of the memory pool is based on the total number of transactions (in bytes) waiting to be loaded into the block, represents the amount of transaction activity in the bitcoin blockchain, and can indicate the cost required for fast confirmation. (7)Latest Blocks: Display a list of confirmed blocks in order from newest to oldest, including details such as block height, timestamp, miner name (if known), and block size. Click "Block Height" to view the transaction information of the loaded block. Clicking on "Miner" will display the address information of the block miner. The miner's public address may be a known mining pool address.

Conclusion

The bitcoin Browser has the open and transparent features of the public blockchain and is highly useful. It provides useful information about the state of the network, including transaction and address history, to facilitate easy tracking and verification of transactions. However, the fully transparent nature also results in a mapping of the history of transactions and addresses, known as "chain analysis". This reveals the pseudonymous nature of addresses, especially for users who tend to use the same address multiple times (not recommended). Other public blockchains, such as Monero, have different trade-offs in terms of transparency and privacy.

The article is from https://yilu.us/knowledge/how-does-a-bitcoin-browser-work.