TL;DR

• Block explorers are a mess of complicated data...but they tell a lot of stories...for example:

• If you know where to look/how to translate it all, you can find out: what tokens/NFTs big investors are buying/selling.

• Having the option to get that information via AI, without first having to learn how to read a block explorer is a big deal (think 'Google Search,' but for blockchains).

• That concept now exists for the Bitcoin network.

• Blocktrace just released its early beta version of 'Robby The Robot' - an AI chatbot that takes written prompts, and returns simple answers.

Full Story

Ok, so, full disclosure:

Sometimes in this newsletter (and on Twitter), we'll theorize about Web3 tools/products/services that we want to see created, in the hopes that our writing might reach folks smarter than us (who will then build them).

And if you're thinking: "that sounds like it has a very low probability of working."

You're absolutely right.

It's a terrible method (and even if these things were brought into existence, they probably wouldn't be the result of a single newsletter article).

That said, as of today, something we've wanted to see get made is now becoming a reality:

An AI bot that translates 'blockchain explorers' (this is an example of a blockchain explorer).

Here's the idea:

Block explorers are a mess of complicated data...

But they tell a lot of stories...for example:

If you know where to look/how to translate it all, you can find out:

What tokens/NFTs big investors are buying/selling.

Or

Who's saying one thing publicly ('I'm buying this token'), then doing the opposite.

Having the option to get that information without first having to learn how to read a block explorer is a big deal.

(Think 'Google Search,' but for blockchains).

That concept now exists for the Bitcoin network.

Blocktrace just released its early beta version of 'Robby The Robot' - an AI chatbot that takes written prompts, and returns simple answers.

The prompts being put on display here are still a little complex compared to the examples we laid out above...

But hey, it's a start!