BlockStar

1. Summary

Ranks

Liquidity

-

Developer

-

Social

35

Momentum (beta)

0

Stack Rank™

-

Price

$0.10 0.0%

Market Cap

$0.00 (#12678)

Supply

/

Tags

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Price
52W High price	$0.10
52W High date	29th May 2023 (2 years ago)
All Time High (ATH) Date	3rd Apr 2025 (2 months ago)
All Time Low (ATL) Date	3rd Apr 2025 (2 months ago)

Supply & Trading Volume
Trading Volume (24h)	$33.00

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Description

BlockStar is a decentralized user-centric ecosystem that includes social media, content creation and sharing, and cryptocurrency transactions. This ecosystem aims to protect data privacy and allows content creators to profit from their work. The BST Token, which is ERC-20 compliant, is used to power the ecosystem and blockchain, and is used for tra...

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BlockStar is a decentralized user-centric ecosystem that includes social media, content creation and sharing, and cryptocurrency transactions. This ecosystem aims to protect data privacy and allows content creators to profit from their work. The BST Token, which is ERC-20 compliant, is used to power the ecosystem and blockchain, and is used for transaction fees, advertisements, user rewards, and network security.

The BlockStar blockchain is a third-generation model secured by two settlement layers. The first layer uses a Proof of Stake method to process individual transactions, which are confirmed by validators. The second layer uses a Proof of Work mechanism to verify block sets that the first layer had previously confirmed. This produces a highly secure, fast, and scalable system. The second layer also facilitates seamless communication and interactions with other blockchains, making it suitable for developing more sophisticated applications or state channels.

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