Monitoring Transactions In Rayls Sovereign

Overview

Monitoring onchain transactions in the Sovereign ledger is what gives an institution transparency, security and operational visibility over its own activity. This guide explains how to monitor those transactions using a block explorer, with an emphasis on open-source solutions for flexibility and customisation.

What is a Block Explorer?

A block explorer is a web-based tool that lets you search, view, and track blockchain transactions. It provides insight into transaction statuses, block information, and account balances, so that users can monitor the ledger's activity in real time.

In the Rayls ecosystem, Rayls recommends open-source block explorer projects for transaction monitoring. Open-source solutions can be customised, which makes it easier to tailor the monitoring tools to specific needs.

Blockscout is the recommended block explorer for the Sovereign ledger. Blockscout is an open-source tool that supports EVM-compatible blockchains and provides a straightforward interface for tracking transactions and blocks.

  • Customisation: Blockscout can be adapted to the specific requirements of your Sovereign ledger, giving flexibility in how you monitor onchain activity.

Setting up Blockscout

For more information and setup instructions, refer to the following links.

You can deploy in several ways, so refer to the Blockscout documentation for detailed information. To deploy the Blockscout stack using the Helm chart, follow the baseline instructions available at the Blockscout Stack Github documentation.

Here are some Blockscout FAQs:

More documentation:


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