BlockStamp is a blockchain built in to digital management applications. The new cryptocurrency is designed to store user data on the blockchain. The virtual currency is based on Bitcoin peer-to-peer technology, which means that it operates with no influence from any central authority. The intention was to create a fresh, fast, and effective blockchain to serve as the core of an online gambling platform.
In the future, the cryptocurrency will be used to cover time stamping dedicated for banking purposes, DNS, and many more. Blockstamp games are a creation of a group of individuals, cryptocurrency enthusiasts who discovered that the current models of cryptocurrency casinos do not match the standards of this age. The BlockStamp Foundation now runs the project.
BST Blockchain Blockchain Explorer And Crypto Games Features
The aim behind BST was to create a completely new platform that would host players and provide a gambling base with zero percent edges and minimal fees. Besides, the platform would remain transparent of all the transactions taking place in the casino. Therefore, the developers decided to create a new currency that uses blockchain for fairness purposes. To this end, blockchain levels all issues with absolute fairness and transparency. In addition to fast and efficient transactions, the platform enables a 1 million-jackpot award for possible winners.
The following are some of the features of the project:
BST Blockchain: the platform operates on the near-tamperproof Bitcoin blockchain
Difficulty adjustment algorithm: the rate of block creation is adjusted by DAA algorithm, which is similar to Bitcoin Cash (BCH)
BST Finite Supply: the number of BST in existence will not exceed slightly less than 105 million
2-year reward halving schedule: the number of BST created per block is set to decrease geometrically, with a 50% reduction after every 1,050,000 blocks.
Decreased block time up to 1 minute: short transaction time means faster payment. Quicker confirmations provide more security
Increased transaction size up to 1MB: One transaction can accommodate whole documents and signatures. Bigger transactions mean more data stored
✅ Website: https://blockstamp.info/
✅ Telegram: https://t.me/Blockstamp
✅ Twitter: https://twitter.com/blockstamp_info
✅ Facebook: https://www.facebook.com/blockstamp.info
✅ LinkedIn: https://www.linkedin.com/company/blockstamp/
✅ Medium: https://medium.com/blockstamp
✅ Reddit: https://www.reddit.com/user/blockstamp
✅ GitHub: https://github.com/BlockStamp