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AVAX blockchain explorer to close down as Etherscan charges draw controversy

30 Oct 2023
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Snowtrace.io, a well-liked blockchain explorer device for Avalanche (AVAX), will shut down its web site, powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit, on November 30. The Snowtrace workforce clarified that solely its explorer powered by Etherscan will probably be shut down.

In keeping with the October 30 announcement, Snowtrace customers are required to avoid wasting their backup data, equivalent to personal title tags and get in touch with verification particulars, earlier than the stated date. Whereas the workforce didn’t explicitly state the rationale for shutting down the explorer, some have pointed to Etherscan’s service charges for its EaaS toolkit. Mikko Ohtama, co-founder of tradingprotocol, claims that an annual subscription to EaaS can value between $1-$2 million per 12 months. Ohtama wrote: 

“EtherScan is an excellent product, however sensible contract verification is one thing that must be decentralised. Regulators and different usually are not going to be kosher with, how do you test this? The supply code is hosted by a personal firm in Malaysia”

Phillip Liu Jr., head of technique and operations at Ava Labs, additionally commented that the protocol is “transferring onto one thing higher” and is “completely not” stop operations. For a payment, Etherscan’s EaaS service gives blockchains with a block explorer and software programming interface (API) answer. A block explorer could also be discontinued as a consequence of non-renewal of an EaaS service settlement, inadequate bandwith, or restricted site visitors. In such cases, customers are advisable to avoid wasting their information, equivalent to personal title tags, transaction notes, contract verification particulars, and so forth., prior to shutting down. 

Journal: Ethereum restaking: Blockchain innovation or dangerous house of cards?