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MyEtherWallet launches EthVM, an open-source blockchain explorer

MyEtherWallet launches EthVM, an open-source blockchain explorer

The developers of the Ethereum wallet MyEtherWallet have launched their own open-source blockchain explorer EthVM.

MyEtherWallet expects that EthVM’s open-source code and straightforward architecture will attract new users. In the developers’ view, the solution will be more transparent and user-friendly than its counterparts Etherscan and Ethplorer.

“When you’re up late at night and you’re scared because the wallet interface shows you an unexpected balance, the blockchain explorer will tell you what’s really going on,” the company noted.

The open-source solution has been in development by MyEtherWallet since last year. They presented the beta version of EthVM on August 25, 2020.

Earlier, MyEtherWallet added a “Fiat Exit” service to the wallet. The service is available to holders of bank accounts with an IBAN.

As reported, users of the Blockchair blockchain platform gained the ability to assess the privacy level of Bitcoin transactions. To this end, developers added the “Privacy-o-meter” metric—the key to tracing the transaction chain on the blockchain.

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