ATLANTA, GA, April 18, 2023 (GLOBE NEWSWIRE) — Blockscape, a new blockchain platform purpose-built for decentralized finance (DeFi) applications, is quickly making a name for itself. By focusing exclusively on DeFi, Blockscape offers a more secure, error-free network and certain intelligent features for financial services.
The platform is designed for use in general decentralized value exchanges consisting of a cryptographically signed, irrevocable list of transaction records shared by all participants in the network. I’m here. A digital asset can be any object with explicit or implicit value, making it a versatile and valuable platform for all kinds of financial transactions.
Blockscape’s native currency is BLC, used for payments within the network. BLC transfers can be faster and cheaper in terms of transaction fees, making it a more efficient option for users. Additionally, token holders can stake Blockscape to become a validator, and the minimum stake requirement he has is set at 1.5 million BLC. Validators vote for protocol changes on staked BLC, giving them a greater say in network upgrades and governance changes.
Blockscape Network ($BLC20) uses a variant of Delegated Proof of Stake (dPoS) to achieve consensus, guaranteeing faster block confirmation times and lower transaction fees. Consensus is achieved by a large number of pending validators responsible for the most important kind of governance within Blockscape. A validator can expect to issue blocks equal to her share of the total share, and can increase her share by withdrawing her BLC coins from the delegator. Validators who violate consensus rules can expect their sharing to be frozen, providing strong incentives for validators to behave in a desired manner.
Delegators are free to choose any validator and participate by staking any amount of BLC. The easiest way to delegate BLC to validators is through the Blockscape Staking platform. The platform is also designed to be widely compatible with the Ethereum Virtual Machine (EVM), so any smart contract or decentralized application (dApp) that can be used on Ethereum or any other EVM compatible chain can also be used on Blockscape. increase.
Additionally, Blockscape offers a token generator that allows developers to create powerful tokens on various blockchain networks in a simple, fast, and inexpensive way. The token generator is designed to be secure, with two-factor security options available along with a secure cryptographic engine within the app to keep your data safe.
Blockscape’s tokenomics are impressive, with a total supply of 300 million BLC, of which 270 million are in circulation. PCS liquidity is also set at 270 million, which is in line with the circulating supply. The Team Token quota is set at 30 million BLC, with a 10% tax on all trades. Tax is allocated 75% to development and 25% to marketing to ensure the platform is continuously evolving and growing.
The emergence of Blockscape as a leading DeFi platform is exciting news for the blockchain community. With a focus on decentralization and security, it offers a promising new option for users looking for a more efficient and effective way to conduct financial transactions. It will be interesting to see what new features it brings as the platform continues to evolve and grow.
Audit and KYC: https://www.cognitos.io/blockscape-audit
CONTACT: David Loyn davidloy at @blockscape.net