{"id":355108,"date":"2023-10-31T18:00:43","date_gmt":"2023-10-31T12:30:43","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=355108"},"modified":"2023-11-28T17:14:48","modified_gmt":"2023-11-28T11:44:48","slug":"avalanche-explorer-snowtrace-to-halt-operations","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/avalanche-explorer-snowtrace-to-halt-operations\/","title":{"rendered":"Avalanche explorer SnowTrace to halt operations"},"content":{"rendered":"<ul>\n<li><em>The team did not offer a detailed explanation for this move.<\/em><\/li>\n<li><em>Some suggest that the cost of using Etherscan&#8217;s EaaS toolkit could be a key factor.<\/em><\/li>\n<\/ul>\n<p>SnowTrace, a well-known blockchain explorer tool catering to the Avalanche ecosystem, has announced its decision to shut down its website by 30 November.<\/p>\n<p>The announcement made on 30 October explicitly stated that it was only the Etherscan-powered explorer service that will be discontinued.<\/p>\n<p>The team did not offer a detailed explanation for this move. However, some industry observers have pointed fingers at the service fees associated with Etherscan&#8217;s Explorer-as-a-Service (EaaS) toolkit.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce2 The instance of Snowtrace by <a href=\"https:\/\/twitter.com\/etherscan?ref_src=twsrc%5Etfw\">@etherscan<\/a> will be discontinued on 30th November (00:00 UTC)<\/p>\n<p>Thank you <a href=\"https:\/\/twitter.com\/avax?ref_src=twsrc%5Etfw\">@avax<\/a> and the community for the last 2 years of support and we wish you the best moving forward \ud83d\ude4f <a href=\"https:\/\/t.co\/WdBOzIWOz9\">pic.twitter.com\/WdBOzIWOz9<\/a><\/p>\n<p>&mdash; SnowScan.xyz (@SnowScanHQ) <a href=\"https:\/\/twitter.com\/SnowScanHQ\/status\/1718982848462696919?ref_src=twsrc%5Etfw\">October 30, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>Users of SnowTrace have been <a href=\"https:\/\/info.etherscan.com\/discontinuation-of-a-block-explorer\/\" target=\"_blank\" rel=\"noopener\">advised<\/a> to take immediate action by saving essential backup information before the impending shutdown.<\/p>\n<p>This includes private name tags and contact verification details. Some suggest that the cost of using Etherscan&#8217;s EaaS toolkit could be a key factor behind this decision.<\/p>\n<p>Mikko Ohtama, co-founder of Trading Strategy, raised concerns about the substantial annual subscription fees for EaaS. This fee can range from $1 million to $2 million.<\/p>\n<p>He emphasized the need for decentralization in smart contract verification. Ohtama also expressed doubts that regulators and others would accept a scenario where critical verification processes are conducted by a private company based in Malaysia.<\/p>\n<h4><strong>SnowTrace to move forward to &#8220;improved services&#8221;<\/strong><\/h4>\n<p>Additionally, Phillip Liu Jr., the head of strategy and operations at Ava Labs, a prominent blockchain platform and technology provider, commented on the situation.<\/p>\n<p>Liu clarified that the protocol behind SnowTrace is not ceasing its operations. Instead, it is pivoting toward something that offers improved services.<\/p>\n<p>An update from Avalanche&#8217;s official X account announced that the Avascan explorer team would take over from the Etherscan-based block explorer.<\/p>\n<p>The Avascan team will introduce a new version of the block explorer, featuring a comparable interface and extending support to all C-Chains and Subnets. A live demo of &#8220;Snowtrace.dev&#8221; is already accessible for testing.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The current version of Snowtrace by Etherscan is being sunset and replaced by a new version run by <a href=\"https:\/\/twitter.com\/AvascanExplorer?ref_src=twsrc%5Etfw\">@AvascanExplorer<\/a>. <\/p>\n<p>Users will continue to enjoy a similar interface, URLs and APIs they&#39;re currently using, now supporting the C-Chain and all Subnets. A demo is already available\u2026<\/p>\n<p>&mdash; Avalanche\ud83d\udd3a (@avax) <a href=\"https:\/\/twitter.com\/avax\/status\/1719005686196322525?ref_src=twsrc%5Etfw\">October 30, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Explore why SnowTrace is closing down its Etherscan-powered service and the impact of rising costs in the blockchain space.<\/p>\n","protected":false},"author":70,"featured_media":355113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[44,66,3,4,20],"tags":[],"class_list":["post-355108","post","type-post","status-publish","format-standard","has-post-thumbnail","category-global-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - 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