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The Avalanche project was in the spotlight on Monday, October 30, while its price surged over 2% during writing. Meanwhile, in a recent announcement, Avalanche blockchain browser Snowtrace revealed that it will cease its operations at 00:00 UTC on November 30. This news has left users of the platform with a tight deadline to download their private name tags and contract verification data before the deactivation date.
Avalanche’s Snowtrace To Cease Operations
The cryptocurrency community received a jolt when it was announced that Snowtrace, the blockchain browser associated with the Avalanche platform, would discontinue its services at the end of November. Notably, Snowtrace is a C-Chain block explorer that has been developed and operated by the team behind Etherscan, a well-known name in the blockchain industry.
Meanwhile, the official notice, posted on the Snowtrace platform, reads, “Snowtrace will be discontinued from 30th November UTC 00:00. Please download your private name tags and contract verification prior to the deactivation date.” This message has been widely circulated and has sparked concerns among users who rely on Snowtrace for their blockchain-related activities.
The sudden decision to deactivate Snowtrace has raised questions and speculation within the crypto community. Notably, several users have expressed their concerns that the Avalanche team may be discontinuing its support for the platform, leading to its closure.
However, In response to this development, Phillip Liu Jr., Head of Strategy and Operations at Ava Labs, the company behind Avalanche, seemed to confirm the transition to a new solution. Replying to the update, he agreed to the update, while signaling towards an enhanced solution.
The reply from Phillip Liu Jr. has eased the concerns of some users, while others eagerly await an official update or more clarity from the platform.
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What’s Next?
With the November 30 deadline fast approaching, users who have relied on Snowtrace for their blockchain-related needs should act promptly. Notably, users must download their private name tags and contract verification data before the deactivation date to avoid any disruptions or data loss.
Although the future of Avalanche’s blockchain browser remains uncertain, it appears that a new and improved solution may be on the horizon, promising a better experience for users navigating the Avalanche ecosystem. Meanwhile, as the crypto community eagerly anticipates this transition, users are encouraged to prepare for the closure of Snowtrace and safeguard their essential data accordingly.
The Avalanche price soared 2.63% to trade at $11.20 following the news, while its volume over the last 24 hours surged 12.12% to $164.63 million. Notably, the crypto’s price surged over 9% in the last seven days.
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