SilkViser:A Visual Explorer of Blockchain-based Cryptocurrency Transaction Data

TL;DR

SilkViser is a visualization tool designed to improve understanding of blockchain transaction data for both novice and experienced users through innovative visualizations and interactive features.

Contribution

The paper introduces SilkViser, a novel visualization tool with unique designs and interactions tailored for better comprehension of cryptocurrency transactions.

Findings

SilkViser effectively aids novice users in understanding transaction mechanisms.

The tool attracts potential users to participate in cryptocurrency transactions.

User study shows high usability and effectiveness of SilkViser.

Abstract

Many blockchain-based cryptocurrencies provide users with online blockchain explorers for viewing online transaction data. However, traditional blockchain explorers mostly present transaction information in textual and tabular forms. Such forms make understanding cryptocurrency transaction mechanisms difficult for novice users (NUsers). They are also insufficiently informative for experienced users (EUsers) to recognize advanced transaction information. This study introduces a new online cryptocurrency transaction data viewing tool called SilkViser. Guided by detailed scenario and requirement analyses, we create a series of appreciating visualization designs, such as paper ledger-inspired block and blockchain visualizations and ancient copper coin-inspired transaction visualizations, to help users understand cryptocurrency transaction mechanisms and recognize advanced transaction information. We also provide a set of lightweight interactions to facilitate easy and free data exploration. Moreover, a controlled user study is conducted to quantitatively evaluate the usability and effectiveness of SilkViser. Results indicate that SilkViser can satisfy the requirements of NUsers and EUsers. Our visualization designs can compensate for the inexperience of NUsers in data viewing and attract potential users to participate in cryptocurrency transactions.