Snowtrace.io, a popular blockchain explorer tool for Avalanche (AVAX), will shut down its website, powered by Etherscan's Explorer-as-a-Service (EaaS) toolkit, on November 30. The Snowtrace team clarified that only its explorer powered by Etherscan will be shut down.
According to the October 30 announcement, Snowtrace users are required to save their backup information, such as private name tags and contact verification details, before the said date. While the team did not explicitly state the reason for shutting down the explorer, some have pointed to Etherscan's service fees for its EaaS toolkit. Mikko Ohtama, co-founder of tradingprotocol, claims that an annual subscription to EaaS can cost between $1-$2 million per year. Ohtama wrote: