- Block.One launches EOSIO Explorer for developers and development teams
- EOSIO Explorer to offer a user-friendly graphical interface for inspecting and interact with EOSIO-based applications and networks in the development
- Galaxy Digital Holdings Ltd. sells its tendered shares in Block.one for $71.2 million
In a Medium publication on May 21, 2019, Block.One, an open-source software publisher announced the launch of EOSIO Explorer, a web-based visual user interface which can be used by developers to inspect and interact with EOSIO-based applications and networks in development. On the other hand, Galaxy Digital Holdings Ltd. announced that it has sold its tendered shares in Block.One for $71.2 million.
EOSIO Explorer Aimed at Offering Developers a User-friendly Interface
Per the post, Block.One has launched an EOSIO Explorer in a bid to offer a user-friendly graphical interface for developers to inspect and interact with EOSIO-based applications and networks in development.
EOSIO explorer was developed using the previous releases from Block.One, and it also seeks to reduce EOSIO app development time and provide developers more accessibility to EOSIO smart contract development.
Prior to this time, developers had to rely on command-line based toolchain to explore blocks in their development nodes. The toolchain is less user-friendly and poses difficulty for developers who prefer a graphical user interface.
EOSIO Explorer’s Inspecting and Interacting Features
Accordingly, EOSIO explorer which aims to eliminate this setback and improve developers experience has two major features.
The first is an inspecting feature which enables developers to verify the transmitted data between an application and the blockchain, while also verify the functionality of a smart contract.
It, therefore, offers the capability to view connected blockchain information, transaction and action details, as well as smart contract accounts.
The second functionality is an interacting feature which allows for user testing and verifying accounts that are interacting with a developer’s application. Accordingly, developers can edit, create, and import development accounts which have public and private keys.
Galaxy Digital Announces Update to Its Partnership’s Material Investment Position
On May 21, 2019, Galaxy Digital Holdings Ltd., a digital assets merchant bank which accepted a tender offer in ordinary shares of Block.one announced an update to its Partnership’s material investment position.
Galaxy Digital received $71.2 million for the tendered shares on May 20, 2019, and the company stated that after selling its shares in Block.One, it made a 123% return on realized investment.
The digital assets merchant bank further outlined that after the transaction, the remaining shares in Block.one “will no longer maintain a material investment position.”
Michael Novogratz, CEO, and Founder of Galaxy Digital said:
“The acceptance of Block.one’s tender offer reflected a decision to rebalance the portfolio to maintain an appropriate level of diversification after the position increased due to its substantial outperformance relative to the remainder of the portfolio.”
It can be recalled that Galaxy Digital Holdings had revealed its financials on April 26, 2019, which shows that the company had lost $97 million in the fourth quarter of 2018 and $272.7 million for the entire year.