Inputs/outputs are now becoming easier to understand thanks to this explorer update
With multiple visualization features, the eUTxO.org Cardano Blockchain Explorer has added a new function that will allow users to view the inputs and outputs of any transaction in a convenient way. The feature makes each transaction more transparent and helps users better understand the eUTxO mechanism.
The blockchain explorer created by Peter Oravec is not something that most crypto enthusiasts and users got used to as it acts more like a blockchain visualizer, showing what transaction each block includes. With the new feature, you will be able to access the inputs/outputs of transactions with one click, and it does not matter if it is an NFT or a regular transfer.
Inputs and outputs are the backbone of the UTXO accounting model that Cardano uses and promotes. Within this model, transactions serve to unlock previous outputs and create new ones.
A transaction’s output includes an address and a value, sealed by the signature belonging to an address. After unlocking it, the output can be turned into input and consumed by a new transaction. After they produce new outputs, they get consumed by future transfers.
With the solution developed by Oravec, users will be able to see the exact outputs and inputs on the network, with easy access to all the necessary data to break down certain transactions.
With the help of solutions similar to Oravec, Cardano’s ecosystem is becoming more robust and developed. With more access to on-chain data, it will be easier to determine all the needs the network has for future developments.
