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  1. Jun 2022
    1. Note that if you use this contract to send coins to an address, you will not see anything when you look at that address on a blockchain explorer, because the fact that you sent coins and the changed balances are only stored in the data storage of this particular coin contract. By the use of events it is relatively easy to create a “blockchain explorer” that tracks transactions and balances of your new coin.

      So this means that blockchain doesn't have to be transparent by default...