EMURGO’s “Seiza” was acquired from the Japanese word, “Constellation.” Blockchain explorers or Blockchain are much similar to virtual currency search engines which are used to look out for information about precise blockchain, which gives details about the past and pending transactions, Blocks and wallet address of transaction histories.
In a recent tweet, EMURGO recently unveiled their new blockchain explorer: ‘Seiza,’ an all-new official Cardano Blockchain Explorer,
EMURGO, the official commercial arm of Cardano (ADA), has today announced the upcoming release of a new blockchain explorer, which will allow users to monitor ADA transactions and check the balance of wallet addresses.
#Emurgo recently unveiled their new #blockchain explorer: 'Seiza', an all-new official #Cardano Blockchain Explorer, developed by the bright minds at Emurgo. #Seiza provides utility & transparency for #ADA holders. You can visit the website, right here! https://t.co/2LkZ4UBngs pic.twitter.com/KPAGNeOkxP
— Cardano Community (@Cardano) May 21, 2019
EMURGO says, even though other Cardano blockchain explorers exist, Seiza is loaded with added functionality and features which will elevate the overall user experience, by making it easier to trace and track the transactions and to find information on a specific block as well.
Proof of Stake
Cardano implements a resource-friendly PoS (Proof of Stake) agreement mechanism where an ADA holder can contribute to stake pools. The Use of proof of stake in a public blockchain is essential in securing the network to validate the transactions by ensuring the users who stake more ADA will have more chance of being selected for developing blocks where they will get rewarded later. Moreover, Seiza will permit ADA holders to have access to real-time data.
EMURGO CTO Nicolas Arqueros commented,
EMURGO is fully committed to providing valuable utility to the Cardano community. Seiza is an essential user-friendly tool that EMURGO was eager to develop to further the advancement of the Cardano ecosystem.
Since Cardano`s inception, more than 1 million transactions have been handled, over 1.2 million wallet addresses have been created, and 7.3 trillion ADA relocated.