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LOCAL BIT COINS

by Tariq Brown automaticmoney
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Recommended Features
  • Follow the Bitcoin price to the moon on Bitcoinity.com
  • Explore your transactions on Tradeblock.com Blockchain Explorer
  • Follow up Bitcoin adpotion with Coin Dance
  • Find the perfect fee using bitcoinfees.21.com
  • Watch the queue grow at Bitcoinqueue
Learn more about LOCAL BIT COINS»

Review on LOCAL BIT COINS

There are hundreds if not thousands of different tools made to visualize, analyze and track activity around the Bitcoin network. It can quickly get overwhelming to figure out what are good, reliable, sources of information and which aren't. It's also very easy to forget cool tools that you've found and used before if you never bookmarked them.

At LocalBitcoins we use several tools daily to help us reply to support requests and to just keep us informed with what is going on with the Bitcoin network. I've gathered together in this blogpost our current five most used tools.

The first thing to do when you wake up and the last thing to do when you go to bed is to check the price. Bitcoinity is the favorite for many at LocalBitcoins due to its simple design and the metrics it shows.

Quickly spot the trend over the last period, check the status of the orderbook and see how much the price has moved. Switch easily between different exchange-currency pairs and wonder why the price in CNY is higher again.

As a bonus it also displays a constantly updating price in the menu bar of your browser, making it easy to keep an eye on the price while writing that report.


2. Explore your transactions on Tradeblock.com Blockchain Explorer

Every Bitcoiner has their own favorite block explorer, at LocalBitcoins our current favorite is Tradeblock.com. We like it because it picks up newly sent transactions quickly, it doesn't forget unconfirmed transactions and it has a clear and simple user interface. You follow chains of transactions by clicking on inputs and outputs and get nice warnings when a transaction is built on unconfirmed inputs.

It's easy to find the fee level of each transaction as well as other statistics you care about such as the size and the transaction ID. We really dig how they grey out the last four digits of Bitcoin amounts.

Plus the live view of the network is one of the most funky we've seen,

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About Tariq Brown Advanced     automaticmoney

85 connections, 2 recommendations, 362 honor points.
Joined APSense since, January 18th, 2014, From Baltimore, United States.

Created on May 8th 2017 09:18. Viewed 1,658 times.

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