EMURGO — the Japan-based commercial and venture arm of Cardano — announced on Thursday the upcoming release of Seiza, a new Cardano blockchain explorer.
The name, Seiza, is derived from the Japanese word for “constellation”. The new explorer is expected to launch before the end of May 2019.
As with any blockchain explorer, users will be able to check wallet balances and monitor ADA transactions through its interface. Indeed, Cardano already has a blockchain explorer of its own, but EMURGO explained at the IOHK Summit in Miami that Seiza will include more features than any blockchain explorer before it.
Charles Hoskinson, IOHK CEO and founder of Cardano, described how he is “excited to see that EMURGO has developed such a useful and innovative product for the Cardano community.” He continued:
“The ability to have transparency is a vital function for the Cardano blockchain protocol and Seiza delivers this in an amazing way for users.”
Cardano is a smart contract platform that employs a Proof of Stake (PoS) consensus algorithm known as ‘Ouroboros’. With the next major update to the chain —Shelley— ADA holders will be able to participate in staking pools, helping to secure the network and earning rewards. Seiza will allegedly allow users to access real-time data of these staking pools.
Since the launch of Cardano’s mainnet to the public in October 2018, over 1 million wallet addresses have been created, over 2 million blocks validated and more than 7 trillion ADA has been transacted.