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

0xScans

SCAN • Cryptocurrency

coins.hub.hero.metrics.price
€0.01
↑ 0.00%
coins.hub.hero.metrics.market_cap
N/A
coins.hub.hero.metrics.volume
44,5
coins.hub.hero.metrics.supply
N/A
SCAN
€
1 SCAN =€0.01
Updated 9 December 2024
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Best 0xScans (SCAN) Tasas

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MEXC Global0xScans (SCAN)0,01 APY

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0xScans Purchasing Guide

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About 0xScans (SCAN)

0xScans (SCAN) operates on a decentralized architecture that emphasizes security and flexibility, allowing the contract creator to implement significant changes to the token contract, such as disabling sales, modifying fees, and minting or transferring tokens. While specific details regarding the consensus mechanism and hashing algorithm are not disclosed, the emphasis on the ability to alter contract parameters suggests a focus on adaptability within its operational framework. Users should exercise caution due to the potential for these modifications, as highlighted in the public notice from GoPlus, which underscores the importance of understanding the underlying technology and governance structure of 0xScans.
0xScans (SCAN) primarily functions as a utility token within decentralized finance (DeFi) ecosystems, allowing users to participate in various financial activities such as trading, staking, and liquidity provision. Its flexible contract features enable innovative applications, including facilitating token swaps and supporting automated market-making strategies. For example, users can utilize SCAN in liquidity pools to earn rewards while engaging in the broader DeFi landscape. Furthermore, the contract creator's ability to modify parameters can facilitate the development of unique financial products tailored to market demands, enhancing user engagement and fostering a dynamic trading environment.
The tokenomics of 0xScans (SCAN) is characterized by a flexible supply mechanism that allows the contract creator to adjust key parameters, including total supply and distribution model, which can significantly influence market dynamics. Although specific details regarding the initial supply and distribution are not provided, the ability to mint and transfer tokens suggests a dynamic approach to managing liquidity and incentivizing user participation. This adaptability can lead to variations in token availability, impacting market sentiment and trading behavior. The potential for changing fees and disabling sales further emphasizes the importance of understanding the underlying tokenomics, as these factors can directly affect the value and utility of SCAN within the broader cryptocurrency market.
0xScans (SCAN) incorporates security features that rely on the inherent characteristics of its smart contract architecture, allowing the contract creator to implement changes that can enhance or modify security protocols. While specific details regarding the validation process and consensus mechanism are not disclosed, the ability to disable sales and alter fees suggests a governance model that prioritizes oversight and adaptability. This flexibility can be crucial in responding to potential vulnerabilities or market threats, as the contract creator can make timely adjustments to protect user assets and maintain network integrity. However, users are advised to exercise caution, as these capabilities also introduce risks associated with centralized control over the token's operational parameters.
Currently, specific details regarding the development roadmap and major milestones achieved by 0xScans (SCAN) are not publicly available, which limits the ability to outline a comprehensive timeline of its progress. However, the project's emphasis on a flexible token contract indicates a focus on evolving its functionalities to meet market demands and user needs. The ability for the contract creator to modify critical parameters suggests ongoing development efforts aimed at enhancing user engagement and security. Users interested in the project's advancements should remain vigilant for updates and announcements that may provide insights into future milestones and the overall trajectory of 0xScans.