What is BLOCKCHAIN MAPSCAN?
- MapScan was established in 2023.
- MapScan uses the MAP token to pay gas fees and is utilized on the MapScan blockchain for placing bets and purchasing MapScan NFTs.
- MapScan was created to minimize transaction costs and improve speed. For example, Ethereum, a layer 1 blockchain, is one of the most popular blockchains known for its security and high decentralization, but its popularity has led to extended transaction times and increased gas fees.
- MapScan is designed as a scalability solution to address some of the limitations of Ethereum, Stellar, Tezos, EOS, Binance Smart Chain, Cardano, Solana, Polygon, among others. Additionally, as an open platform, MapScan offers a range of solutions for developers when using them.
The technology and core features of Mapscan
- Basis for Layer 2 Scaling: MapScan employs a Layer 2 (L2) architecture to address scalability issues in Ethereum, Stellar, Tezos, EOS, Binance Smart Chain, Cardano, Solana, Polygon. Layer 2 enables off-chain transactions, reducing the load on the main network.
- MapScan PoS Chain: MapScan utilizes a Proof of Stake (PoS) consensus model on the MapScan PoS Chain. This enhances security and reduces energy consumption compared to Proof of Work (PoW).
- Cross-Chain Compatibility: MapScan is designed to support various blockchains. It has the ability to interact with multiple different blockchains, especially Ethereum, Stellar, Tezos, EOS, Binance Smart Chain, Cardano, Solana, Polygon, to share data and assets between chains.
- MapScan SDK: MapScan's Software Development Kit (SDK) helps developers easily and quickly build decentralized applications (dApps) on the MapScan platform.
- MapScan Bridge: This is a crucial component of MapScan, allowing users to transfer assets between the Ethereum, Stellar, Tezos, EOS, Binance Smart Chain, Cardano, Solana, Polygon networks and MapScan, and vice versa. This helps reduce the complexity and time involved in the transaction process between networks.
- Scalability and Speed: MapScan contributes to improving scalability and speed, enabling the processing of thousands of transactions per second and reducing latency compared to current blockchains such as Ethereum, Stellar, Tezos, EOS, Binance Smart Chain, Cardano, Solana, Polygon.
- MapScan PoS Chain for DeFi and NFT Application Development: The MapScan network is widely used in the development of decentralized finance (DeFi) and non-fungible token (NFT) applications due to its scalability and availability features.
- Security and Safety: MapScan focuses on ensuring the safety and security of the system to protect the assets and data of users.
What can you use MapScan for?
- Transaction Monitoring: Allows you to look up and track information about transactions on the MapScan network. You can view details about a specific transaction, including information about the sender and recipient, transaction amount, related smart contract code, and various other details.
- Account Verification: You can input an account address or a smart contract account to verify the balance and transaction history of that account on the MapScan network.
- Explore Smart Contracts: Provides a list of smart contracts on the MapScan network. You can learn about the structure of these contracts and view information about all transactions and events related to that contract.
- Track Tokens and Wallets: You can look up information about specific tokens on the MapScan network, including price charts, inventory quantities, and transactions related to that token. Additionally, you can also check information about cryptocurrency wallets.
- Research Projects and Applications: MapScan provides information about decentralized projects and applications (dApps) operating on the MapScan network. This helps you learn about the development and investment opportunities within the MapScan ecosystem.
- Track Blockchain Events and Information: You can search for information about events and news related to the MapScan network, helping you stay updated on important events within the community.
Powered by MapScan TeamMapScan is a Block Explorer and Analytics Platform for MapScan Team, a decentralized smart contracts platform.
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