What is BlockStamp?
BlockStamp is a blockchain integrated into digital management applications. The new cryptocurrency is designed to store user data on the blockchain. Virtual currency is based on Bitcoin's peer-to-peer technology, which means it operates without any influence from any central authority. The intention was to create a fresh, fast and effective blockchain to serve as the core of an online gaming platform.
In the future, cryptocurrency will be used to cover the dedicated timestamp for banking purposes, DNS and many others. Blockstamp games are the creation of a group of crypto-currents who have discovered that current cryptocurrency casino models do not meet the standards of this age. The BlockStamp Foundation now manages the project.
Functionality of BST Blockchain Blockchain Explorer and Crypto Games
The goal of BST was to create a completely new platform that could accommodate players and provide a base of play with zero percent margins and minimum commissions. Furthermore, the platform would remain transparent to all 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 problems with absolute fairness and transparency. In addition to fast and efficient transactions, the platform offers a 1 million jackpot prize for possible winners.
The following are some of the features of the project:
- BST Blockchain: the platform operates on the bitcoin blockchain almost anti-tampering
- Difficulty setting algorithm: the block creation speed is regulated by the DAA algorithm, which is similar to Bitcoin Cash (BCH)
- BST Finite Supply: the number of existing BST will not exceed slightly less than 105 million
- 2-year reward half-program: the number of BSTs created per block is set to decrease geometrically, with a reduction of 50% after every 1,050,000 blocks.
- Reduction of blocking time up to 1 minute: short transaction time means faster payment. Faster confirmations offer more security
- Increase transaction size up to 1 MB: a transaction can host entire documents and signatures. Larger transactions mean more data stored
BlockStamp applications
Fast Value Transfer:
One-minute blocking times ensure that BST, the native currency of BlockStamp, flows between users' portfolios quickly and efficiently.
Radical hazard:
BlockStamp powers a new generation online gaming platform with a fair game, no house edge and a huge jackpot on every bet.
timestamping:
Due to the sensitive nature of certain transactions, they require a reliable and secure system for storing data. BlockStamp blockchain is designed for this exact purpose; can provide time-stamping of tamper-proof documents with block sizes of 1 MB for archiving.
DNS resistant to Meddle:
The platform encompasses a peer-to-peer clearnet domain name, which ensures that freedom of speech remains free even when online surveillance and censorship attempts increase.
BlockStamp BST Investment
The BlockStamp currency is considered a lucrative investment option due to the following facts: The gaming market should generate up to $ 81.71 billion by 2022. This figure excludes the gaming market. # 39; illegal hazard, which is estimated at between 80 and 380 billion dollars. As the market is growing, it is likely that the value of BST will increase. Furthermore, the price and the stability of cryptocurrencies are higher than those of tokens. BST is a digital currency already extracted and used. Being a bitcoin fork, its price should be stable with good value.
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