MyEtherWallet Unveils New Open Source Ethereum Blockchain Explorer

Through a tweet through the official MEW Twitter account, popular Ethereum (ETH) wallet provider MyEtherWallet (MEW) has divulged the launch of the alpha version of Ethereum blockchain explorer EthVM, which also boasts to be open source.

The prevailing version of EthVM reflects data from the Ropsten network, which is basically an Ethereum testnet. Following the deployment on Ethereum’s main network (mainnet), EthVM will compete with Etherscan, which is the number on Ethereum block explorer presently.

While tweeting about the launch of EthVM, MEW has requested users to present their opinion about the new tool. MEW said

“Keep in mind that it’s still in Alpha – please report any issues and suggestions, and help us improve the platform!”

It can be remembered that the users of MEW and Electrum wallets have always been a target of hackers. In the past, users have lost considerable amount of Ether to phishing attacks. An analysis of the Ethereum chain reveals that more than 80% of the floating supply of Ethereum is held in 7,572 addresses. Notably, in the past, the price of Ethereum (ETH) has declined by an average of 19%, within 30 days from the implementation of each of the five hard forks.