Blockscape appears as the next generation blockchain platform for decentralized finance
ATLANTA,GA, April 18, 2023 (GLOBE NEWSWIRE) — Blockscape, the new blockchain platform exclusively dedicated to decentralized finance, or DeFi applications, is quickly making a name for itself. By focusing exclusively on DeFi, Blockscape provides a more secure and fail-safe network, as well as specific intelligent functions for financial services.
The platform is designed to be used for distributed value exchange in general, consisting of a list of cryptographically signed and irrevocable transaction records shared by all participants in a network. Digital assets can be any object with explicit or implicit value, making it a versatile and valuable platform for all types of financial transactions.
Blockscape’s native currency is BLC, and it is used for payments within the network. BLC transfers are potentially faster and cheaper in terms of transaction fees, making it a more efficient option for users. In addition, token holders can stake Blockscape to become a validator, with the minimum stake requirement set at 1.5 million BLC. Validators vote on protocol changes with the BLC, which gives them greater influence in network upgrades and governance changes.
Blockscape Network ($BLC20) uses a variant of Delegated Proof of Stake (dPoS) to achieve consensus, which guarantees fast block times and low transaction fees. Consensus is achieved by a large number of hanging validators, who are responsible for the most important type of governance within Blockscape. Validators can expect to publish blocks equal to their share of the total shares, and can increase their share by withdrawing BLC coins from delegators. Validators who violate consensus rules can expect their shares to be frozen, providing a strong incentive for validators to behave in a desirable manner.
Delegators are free to choose any validator and stake any amount of BLC with them to participate. The easiest way to delegate BLC to validators is through the Blockscape Staking platform. The platform is also designed to be broadly compatible with the Ethereum Virtual Machine (EVM), so any smart contract or decentralized application (dApp) that can be used on Ethereum or other EVM-compatible chains will also work when used on Blockscape.
In addition, Blockscape offers a token generator that allows developers to create powerful tokens in various blockchain networks in an easy, fast and cheap way. The token generator is designed to be secure, with two-factor security options available along with a secure in-app encryption engine to keep data safe.
Blockscape’s tokenomics is impressive, with a total supply of 300 million BLC, of which 270 million are in circulation. Liquidity at PCS is also set at 270 million, which corresponds to the circulation supply. The team token allocation is set at 30 million BLC and there is a 10% tax on all buy and sell transactions. The tax is allocated 75% to development and 25% to marketing, which ensures that the platform continuously develops and grows.
Blockscape’s emergence as a leading DeFi platform is exciting news for the blockchain community. With its 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. As the platform continues to evolve and grow, it will be interesting to see what new features and capabilities it brings to the table.
Website: https://www.blockscape.net/
Telegram: https://t.me/BlockscapePortal
Twitter: https://twitter.com/Blockscapenet
Medium: https://medium.com/@Blockscapenet
Linkedn: https://www.linkedin.com/company/blockscapenetwork
Audit and KYC: https://www.cognitos.io/blockscape-audit
CONTACT: David Loyn davidloy at @blockscape.net
