Avalanche (AVAX) Blockchain Explorer Snowtrace to Cease Operations!

• The cryptocurrency community was taken by surprise when it was announced that Snowtrace, a blockchain explorer associated with the Avalanche platform, will cease its services at the end of November.
• The official statement posted on the Snowtrace platform reads, ‘Snowtrace will be decommissioned effective November 30th. Please download your custom name tags and contract verifications before the decommission date.’
• With the November 30th deadline quickly approaching, users who rely on Snowtrace for their blockchain-related needs need to act swiftly.

Snowtrace, the Avalanche blockchain browser, announced in its latest statement that it has decided to terminate its operations on November 30.

Avalanche Blockchain Shuts Down

The Avalanche project gained prominence on October 30th, with its price increasing by over 2% at the time of writing. Meanwhile, in a recent announcement concerning Snowtrace, the blockchain explorer for Avalanche, it was revealed that the platform will cease its operations on November 30th. This news left users with limited time to download their names and contract verification data before the decommissioning date.

The cryptocurrency community was taken by surprise when it was announced that Snowtrace, a blockchain explorer associated with the Avalanche platform, will cease its services at the end of November. Notably, Snowtrace is a C-Chain explorer developed and operated by the Etherscan team, a well-known name in the blockchain industry.

Furthermore, the official statement posted on the Snowtrace platform reads, ‘Snowtrace will be decommissioned effective November 30th. Please download your custom name tags and contract verifications before the decommission date.’ This message circulated widely and raised concerns among users who rely on Snowtrace for their activities.

Snowtrace’s sudden shutdown decision has sparked questions and speculations in the crypto community. In particular, many users expressed concerns that the platform’s closure could result from a lack of support from the Avalanche team.

However, in response to this development, Phillip Liu Jr., Chief Strategy and Operations Officer of Ava Labs, the company behind Avalanche, provided a response that suggests a transition to a new solution has been confirmed. In his response to the update, he acknowledged the accuracy of the update and hinted at an improved solution. While Phillip Liu Jr.’s response alleviated concerns for some users, others are awaiting an official update or further clarity from the platform.

What Happens Now?

As the November 30th deadline approaches, users who rely on Snowtrace for their blockchain-related needs must act quickly. In particular, users should download their custom name tags and contract verification data before the decommissioning date to prevent any disruptions or data loss.

While the future of Avalanche’s blockchain explorer remains uncertain, it appears that a new and improved solution promising a better experience for users in the Avalanche ecosystem is on the horizon. The crypto community eagerly anticipates this transition and encourages users to prepare for Snowtrace’s closure and protect their important data.