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COINTURK NEWS > Avalanche (AVAX) > Avalanche’s Snowtrace Activities Are Being Terminated: What’s Next?
Avalanche (AVAX)

Avalanche’s Snowtrace Activities Are Being Terminated: What’s Next?

In Brief

  • Avalanche, one of the altcoin projects that attracted the attention of Turks, made headlines recently with an announcement. According to the announcement, Avalanche’s blockchain explorer Snowtrace will cease its activities on December 1st at 03:00. This development indicates that platform users need to download their private name tags and contract verification data before the browser […]
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Avalanche, one of the altcoin projects that attracted the attention of Turks, made headlines recently with an announcement. According to the announcement, Avalanche’s blockchain explorer Snowtrace will cease its activities on December 1st at 03:00. This development indicates that platform users need to download their private name tags and contract verification data before the browser is disabled.

Contents
Avalanche’s Snowtrace Activities Are Being TerminatedWhat’s Next for Avalanche?

Avalanche’s Snowtrace Activities Are Being Terminated

The announcement of Avalanche’s associated blockchain explorer, Snowtrace, discontinuing its operations at the end of November caused a stir in the community. Snowtrace, especially known as a C-Chain blockchain explorer developed and operated by the team behind the popular explorer Etherscan in the blockchain industry, stood out.

In the official statement from the Snowtrace platform, it was noted that “Snowtrace will cease its operations from 00:00 UTC on November 30th. Please download your private name tags and contract verifications before the disablement date.” This note caused concern among users who rely on Snowtrace for their blockchain-related activities.

The surprise decision to terminate Snowtrace’s activities raised questions and speculations in the community of the altcoin project. In particular, some users expressed concerns that it could lead to the abandonment of the platform by the Avalanche team. In response to these allegations, Phillip Liu Jr., the Chief Strategy and Operations Officer of Ava Labs, the company behind Avalanche, confirmed that a new solution would be implemented, signaling a more advanced solution. While Phillip Liu Jr.’s response alleviated the concerns of some users, others are expecting an official update or more clarity from the platform.

What’s Next for Avalanche?

As the December 1st deadline approaches rapidly, users who rely on Snowtrace for their blockchain needs need to take action quickly. Especially, users should download their private name tags and contract verification data to their own storage before the browser is disabled to prevent any disruptions or data loss.

Although the future of Avalanche’s blockchain explorer is currently uncertain, it seems that a new and improved solution that promises a better experience for users in the ecosystem is on the horizon. As the community eagerly awaits this transition, users should prepare for Snowtrace’s closure and protect their essential data accordingly.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 30 October, 2023 - 11:08 am 30 October, 2023 - 11:08 am
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