Sat, September 7

Avalanche’s Snowtrace Blockchain Browser Announces Closure

Avalanche's Snowtrace Blockchain Browser Announces Closure Blockchain News
  • Users now have very little time to save their private name tags and contract verification data.
  • The developers and operators of Etherscan created and launched Snowtrace.

Avalanche blockchain browser Snowtrace has announced that it would shut down permanently on November 30 at 00:00 UTC. Users now have very little time to save their private name tags and contract verification data before the portal is permanently shut down.

The announcement that Snowtrace, the Avalanche platform’s blockchain browser, will be shutting down at the end of November sent shockwaves across the crypto world. The developers and operators of Etherscan, an established name in the blockchain sector, have also created and launched Snowtrace, a C-Chain block explorer.

Snowtrace platform mentioned:

 “Snowtrace will be discontinued from 30th November UTC 00:00. Please download your private name tags and contract verification prior to the deactivation date.”

New Solution Hinted

Users that depend on Snowtrace for blockchain-related operations have expressed worry after seeing this notice, which has now gone viral. Notably, a number of customers have voiced their worry that the Avalanche team may be ceasing support for the platform, ultimately leading to its demise.

However, Phillip Liu Jr., Head of Strategy and Operations at Ava Labs, the firm behind Avalanche, seems to confirm the switch to a new solution in reaction to this discovery. In response, he acknowledged the change and hinted at a better option.

Some users’ worries have been allayed by Phillip Liu Jr.’s response, while others still look forward to an official update or more clarification from the platform.

According to the team’s last weekly update, things are really starting to heat up on Avalanche. A new Subnet went live this week, and there were also integrations for developer tools and tokenization infrastructure developments.

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A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.