When blockchain and AI merge – Browse the Ethereum blockchain in search of information, etherscan already allowed it. For all budding or simply curious Sherlock Holmes, Etherscan was the perfect way to track blockchain transactions, token contract addresses, and ultimately all network activity. Because interacting with a blockchain leaves traces that it is up to us to interpret correctly. However, Etherscan is launching a new tool loaded with artificial intelligence to simplify our task. Explanations.
Etherscan unveils Code Reader, an AI-powered tool
Everyone who interacts with the ethereum blockchain have probably needed to take a look at Etherscan at some point. Whether during manipulation in the Challenge (Decentralized Finance), via the NFT (Non Fungible Token) or even with his Metamask wallet, to add a token for example. Etherscan is a very practical and multifunctional tool which also finds its counterpart for each blockchain: PolygonScan, BscScan, Avascan, lenomdetablockchainScan…
As a true blockchain explorer, this tool is a mine of useful informations for all code line wanderers and deal makers. Etherscan is multifunctional, it allows:
Everything is transparent on the blockchain: the amount in tokens exchanged, the time of the exchange, the platform used… The only unknown: the identity of the person hiding behind the wallet address generating all this activity.
- To retrieve the contract address of a token and all its associated information (price, quantity, addresses holding this token, etc.)
- To manage his access authorizations to his wallet, when we have interacted with many DeFi protocols For example
- Interact with smart contracts
And it is on this last point that Etherscan innovates. Indeed, the team unveiled this June 19 a small revolution: Code Reader. Until now, to understand the content and functions of a smart contract, a computer program that runs by itself on the blockchain, it was still necessary to have some notions of code. Now, no need for advanced knowledge. Thanks to AI, Etherscan and its Code Reader tool, which is aptly named by the way, explains everything to you.
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Turning code into words: when understanding the blockchain becomes simple
It is now enough to indicate to Code Reader the address of a smart contract. The tool will then use the power of OpenAI to retrieve the associated source code and explain it to you in great detail.
“Code Reader is a tool that uses the potential of AI to provide users with the ability to find and interpret the source code associated with a specific smart contract address. By selecting the address of the contract, users can access and interact with its source code. »
The first step is to provide a valid OpenAI API key, in order to authorize Code Reader to use your session. The Code Reader tutorial warns the user that for all of this to work, the user will need sufficient access to OpenAI functionality. The API key is not recorded or stored in any way by Code Reader.
Then simply indicate the address of the smart contract that you want to explore. Code Reader will fetch the associated code on its own. Finally, you just have to bombard Code Reader with questions about this source code. He will then use ChatGPT to respond to you.
Transform obscure lines of code into simple words that everyone can understand. A bright idea made possible by AI that brings the nebulous blockchain world even closer to its audience. Etherscan, via Code Reader, facilitates access to a world hitherto reserved for a minority of experts. It is still necessary to have the curiosity to dig, but from now on, all the tools are at your fingertips.
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