Cardano Explorer and ADA Handle Collaborate to Make Network Data Easier to Understand

Cardano Falls Below $1: Is a Rebound on the Horizon?

Cardano’s leading blockchain explorer, Cardano Explorer, has announced a partnership with ADA Handle to enable end users to comprehend data on the platform easily.

According to a recent announcement, ADA Handle aims to humanize the experience of navigating data on the Cardano blockchain for users.

“ADA Handle […] is very proud to extend the functionality of the Cexplorer protocol by making it even easier for the end user to parse through data on the Cardano blockchain by being able to utilize the Handle lookup standard,” the company noted. 

ADA Handle also shared the development on Twitter yesterday, saying: 

“As the Cardano blockchain continues to grow, so does the information and data underlying the network. We are working to bring the Handle Standard to @cexplorer_io to make it easier to parse through data.”

Read also: Cardano On-Chain Data Shows Network Expansion, With Distinct Minting Policies Exceeding 58K

To Address Blockchain Data Complexity, ADA Handle

One of the reasons why crypto adoption has not risen faster than its current rate is a lack of understanding of blockchain data.

Prospective investors frequently struggle to translate blockchain data. Because of this lack of understanding, the number of new investors entering the cryptocurrency space has remained low.

Through its partnership with Cardano Explorer, ADA Handle hopes to provide a solution to the problem. According to ADA Handle, the collaboration will help make the Cardano network more user-friendly than rival projects.

Related article: The Cardano Decentralized Application (dApp) Browser for iOS Has Been Released

Cardano Explorer is a leading data analytics platform that enables Cardano users to comprehend the network’s information. Transactions, Pools, Pool Operators, Epoch Rewards, Stakes, and other data are available on the Cardano Explorer platform.

While Cardano Explorer has been delivering digestible, complex information through its dashboard, ADA Handle has stated that the data analytics platform functionality will be expanded. ADA Handle is a naming solution powered by NFT for investors and developers that converts Cardano addresses into a human-readable format.

ADA Handle has customized a total of 132,185 addresses so far. Since its inception, ADA Handle has collaborated with leading Cardano projects such as Nami Wallet, SundaeSwap, World Mobile, and others.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

Share this :

Facebook
Twitter
LinkedIn
Telegram
WhatsApp