Cardano Explorer

A Cardano explorer is a tool that allows users to view and track information about the Cardano blockchain network. It provides real-time data on various aspects of the network, including transaction, block and pool data as well as network health. It serves as a valuable resource for anyone interested in understanding and monitoring the activities of the Cardano blockchain.

Epoch 516

A Cardano epoch is a specific time period within the Cardano blockchain. It's like a chapter in a book, representing a set of blocks that are produced and verified together. Each epoch has a fixed duration of five days and is used to determine the rewards for staking pools and to update the network's parameters. Think of it as a snapshot of the network's state at a particular point in time.

Recent Transactions

A Cardano transaction is essentially a transfer of value (ADA) from one address to another on the Cardano blockchain. It's like sending money from one bank account to another, but instead of using traditional financial institutions, you're using a decentralized network. When you initiate a Cardano transaction, it's recorded in a block, which is then added to the blockchain. This ensures the transaction is secure, transparent, and irreversible. Cardano transactions are also fee-based, with the fees helping to maintain the network's security and incentivize the operation of staking pools.

Recent Blocks

A Cardano block is a collection of transactions that are grouped together and verified as a unit. It's similar to a page in a ledger. Each block contains a hash, which is a unique cryptographic code that identifies the block and its contents. Once a block is created, it's added to the blockchain, which is a public, distributed database. This process is known as block production. The creation of new blocks is carried out by staking pools, which are groups of individuals who contribute their ADA to secure the network. Blocks play a crucial role in the Cardano network by recording transactions, ensuring security, and providing a historical record.

Pool Ranking

Pool ranking in Cardano refers to the order in which staking pools are listed based on their performance and contribution to the network. The ranking is typically determined by factors such as pledge (total amount of ADA staked in the pool), margin (the percentage of the pool's rewards that are reserved for the pool operators), and fee (the percentage of the pool's rewards that are distributed to delegators). Pools with higher rankings are generally considered to be more successful and attractive to delegators, as they often have a larger stake in the network and may offer better rewards. However, it's important to note that pool ranking can fluctuate over time, and other factors, such as the pool's reputation and the quality of its operators, can also be important considerations for delegators.