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  1. Bitcompare
  3. 0xScans (SCAN)
0xScans logo

0xScans

SCAN • Cryptocurrency

Price
$0.01
↑ 0.00%
Market Capitalisation
N/A
24-hour Trading Volume
44.5
Supply
N/A
SCAN
$
1 SCAN =$0.01
Updated 9 December 2024
Disclaimer: This page may contain affiliate links. Bitcompare may receive compensation if you visit any links. Please refer to our Advertising disclosure.

Best 0xScans (SCAN) Prices

PlatformCoinCost
MEXC Global0xScans (SCAN)0.01

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Price of 0xScans (SCAN) Today

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0xScans Buying Guide

How to purchase 0xScans
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Supported Exchanges

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MEXC Global

About 0xScans (SCAN)

0xScans (SCAN) operates on a decentralised network architecture that facilitates secure and transparent transactions, although specific details regarding its consensus mechanism and hashing algorithm remain unspecified. The technology underpinning 0xScans allows for the potential modification of the token contract by the creator, which includes capabilities such as disabling sales, altering fees, and minting or transferring tokens. This flexibility necessitates caution among users, as highlighted in the public notice from GoPlus, which emphasises the importance of staying informed about the operational dynamics of the token.
0xScans (SCAN) serves various use cases primarily within the realm of decentralised finance (DeFi) and token trading, where its flexible contract features can be leveraged for innovative financial solutions. For instance, the ability of the contract creator to modify parameters such as transaction fees can facilitate dynamic fee structures that adapt to market conditions, potentially enhancing liquidity and trading efficiency. Additionally, the token's capacity for minting and transferring tokens allows for the creation of unique financial products, such as reward tokens or loyalty programs, which can incentivise user engagement and participation within decentralised applications. These functionalities highlight the potential of 0xScans to contribute to the evolving landscape of blockchain-based financial services.
The tokenomics of 0xScans (SCAN) are influenced by its flexible contract capabilities, which allow the creator to implement various supply mechanisms and distribution models. While specific details regarding the total supply and distribution of SCAN tokens are not provided, the ability to mint tokens suggests a controlled inflation model that can be adjusted based on market demand and project needs. This adaptability can help maintain a balance between supply and demand, potentially stabilising the token's value over time. Furthermore, the option to modify transaction fees and disable sales can impact market dynamics by influencing trading behaviour and liquidity, thereby affecting overall market sentiment and user engagement within the ecosystem.
The security features of 0xScans (SCAN) are primarily governed by its smart contract architecture, which facilitates the implementation of various security protocols to protect transactions and user assets. Although specific details regarding the validation process and consensus mechanism are not disclosed, the inherent nature of blockchain technology ensures that transactions are recorded on a distributed ledger, providing transparency and immutability. Additionally, the ability for the contract creator to modify parameters, such as disabling sales or changing fees, introduces a layer of risk that necessitates user vigilance. This dynamic underscores the importance of conducting thorough due diligence and remaining informed about the operational aspects of the token, as any changes made by the creator can directly impact the security and functionality of the network.
The development roadmap for 0xScans (SCAN) outlines a series of strategic milestones aimed at enhancing the token's functionality and user engagement within the decentralised finance ecosystem. While specific milestones and timelines are not provided, the roadmap is expected to include phases such as the initial deployment of the token contract, the implementation of advanced features like dynamic fee structures, and ongoing updates to improve security and user experience. Additionally, future milestones may focus on community engagement initiatives and partnerships to expand the token's utility and adoption. As the project progresses, it will be crucial for stakeholders to stay informed about these developments to fully leverage the potential of 0xScans.