Etherscan buys Solana block explorer Solscan
Solscan and Etherscan “share a vision of providing credibly neutral and equitable access to blockchain data,” the teams say
Mia Stendal/Shutterstock modified by Blockworks
The top two smart contract platforms by trading volume — Ethereum and Solana — will soon share a common infrastructure provider.
Etherscan, the leading blockchain explorer for Ethereum that was founded in 2015, announced its acquisition of Solscan in what’s described as a “collaborative merging.”
Solscan, founded in 2021, called the deal “a positive step forward for both platforms.”
According to a statement from Etherscan, the merged teams will continue to focus on providing “credibly neutral and equitable access to blockchain data.”
“The Solscan team has proven their expertise over the years by offering detailed insights and analytics,” Matthew Tan, CEO of Etherscan said. “Their expertise in making blockchain data accessible and user-friendly also aligns perfectly with our mission at Etherscan.”
Credible neutrality is a major focus within Ethereum circles, as the developer community endeavors to design protocols and mechanisms that are impartial and fair, minimizing arbitrary or biased interventions.
Blockchain explorers are vital tools in the cryptocurrency ecosystem. They allow users to search and analyze blockchains transactions, smart contracts and addresses. These platforms are crucial for transparency and accountability in the blockchain space, enabling both casual users and professionals to verify transactions and track the movement of digital assets.
The merged entity could address the growing need for cross-chain tracking and analysis tools. By pooling their resources and expertise, Etherscan and Solscan will be better equipped to innovate and expand their existing services.
Read more: Etherscan Advanced Filter Feature Helps On-chain Sleuths
Consolidation is often seen as a sign of a maturing industry, and can lead to more efficient and comprehensive services. Etherscan is considered the flagship block explorer for Ethereum, widely recognized and extensively used by the community due to its comprehensive feature set.
Get the news in your inbox. Explore Blockworks newsletters:
- Blockworks Daily: Unpacking crypto and the markets.
- Empire: Crypto news and analysis to start your day.
- Forward Guidance: The intersection of crypto, macro and policy.
- 0xResearch: Alpha directly in your inbox.
- Lightspeed: All things Solana.
- The Drop: Apps, games, memes and more.
- Supply Shock: Bitcoin, bitcoin, bitcoin.
