Blocknet
| Last updated | 1 year ago |
| Price per BLOCK in USD | $ 0.031765442953187 |
| Price per BLOCK in Bitcoin | 0 |
| Volume over the last 24 hours | $ 2,476 |
| Market cap in USD | $ 0 |
| Change in % over the last hour | -32.49072804 |
| Change in % over the last 24 hours | -64.05875208 |
| Change in % over the last 7 days | -64.33808611 |
| Block chain updated | 12 hours ago |
| Block height | 4039501 |
| Difficulty | 2178.615981617 |
| Current supply | 11578398.865311 |
BLOCK specifications
| Name | Blocknet |
| Symbol | BLOCK |
| Minable | No |
| Algorithm | N/A |
| Prooftype | N/A |
| Block explorer | BLOCK block explorer |
| Bitcointalk | BLOCK bitcointalk |
| Homepage | BLOCK homepage |
Coin description
Blocknet is a decentralized interoperability protocol designed to enable communication between different blockchains. It operates on a proof-of-stake (PoS) consensus mechanism, allowing token holders to stake their BLOCK tokens to validate transactions and secure the network. Blocknet emphasizes cross-chain functionality and decentralized exchange capabilities.
Blocknet Cross-Chain Solutions
Blocknet's XBridge technology enables trustless atomic swaps between blockchains, fostering collaboration and innovation across ecosystems. For example, developers can build decentralized applications that interact with multiple blockchains simultaneously. This flexibility positions Blocknet as a leader in blockchain interoperability.
One of Blocknet's strengths lies in its focus on modularity. By providing developer-friendly tools and resources, it lowers the barrier to entry for creating cross-chain solutions. Keywords like Blocknet interoperability and XBridge technology are closely tied to this project.