Snowtrace.io to Cease Operations: What Users Need to Know

Snowtrace.io Shutdown Announcement

Snowtrace.io, a widely used blockchain explorer for the Avalanche (AVAX) network, is set to discontinue its operations on November 30. This decision involves shutting down the website powered by Etherscan's Explorer-as-a-Service (EaaS) toolkit. The closure will affect only the explorer version utilizing Etherscan's technology.

Important Steps for Users

As the shutdown date approaches, Snowtrace.io users are urged to secure their data. This includes backing up vital information such as private name tags and contract verification details. Ensuring this data is saved before the deadline is crucial to avoid potential loss of information.

Possible Reasons Behind the Closure

Although the specific reasons for the shutdown remain unclarified by the Snowtrace team, there is speculation regarding the costs associated with Etherscan's services. It's suggested that the high fees of Etherscan's EaaS toolkit, estimated to range from $1 to $2 million annually, could be a contributing factor. This financial burden may have influenced the decision to cease the service.

Implications for Avalanche Users

The discontinuation of Snowtrace.io represents a significant change for Avalanche users who rely on this tool for blockchain exploration and data verification. Users may need to explore alternative solutions to continue accessing similar functionalities.

Preparing for Transition

As the shutdown date nears, it's essential for users to stay informed and consider other blockchain explorers or services that can cater to their needs. Preparing for this transition will ensure uninterrupted access to blockchain data and services.

This summary provides a comprehensive overview of the upcoming changes at Snowtrace.io, helping users understand the situation and prepare accordingly.