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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) Prices in India

PlatformCoinCost
MEXC Global0xScans (SCAN)0.01

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Price of 0xScans (SCAN) in India Today

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0xScans Buying Guide in India

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About 0xScans (SCAN)

0xScans (SCAN) operates on a decentralized network architecture designed to facilitate secure and efficient transactions; however, specific details regarding its consensus mechanism and core technology are currently unavailable. The lack of information on block time, hashing algorithm, and genesis date suggests that further technical specifications may be necessary to fully understand its operational framework. It is important to note that, according to GoPlus, the contract creator retains the ability to modify the token contract, which includes actions such as disabling sales, altering fees, and minting or transferring tokens. This underscores the need for users to exercise caution and stay informed about any developments regarding the token's technical aspects.
0xScans (SCAN) primarily serves as a utility token within decentralized finance (DeFi) ecosystems, enabling users to engage in various transactions and interactions within blockchain networks. Its potential applications include facilitating peer-to-peer transactions, providing liquidity in decentralized exchanges, and participating in governance decisions within decentralized applications (dApps). For instance, users may utilize SCAN tokens to access exclusive features or services within a DeFi platform, such as staking rewards or reduced transaction fees. Additionally, the token's inherent flexibility allows for integration into various smart contracts, enhancing its utility across multiple blockchain-based projects. However, users should remain vigilant regarding the token's contract capabilities, as the creator can modify critical parameters, which may impact its use cases.
The tokenomics of 0xScans (SCAN) are characterized by a distribution model that emphasizes flexibility and adaptability, although specific details regarding total supply and allocation mechanisms are not provided. The contract creator retains the ability to make significant changes to the token's parameters, such as minting new tokens, altering transaction fees, and disabling sales, which can directly influence market dynamics and user confidence. This capacity for modification introduces a level of uncertainty regarding the long-term supply and demand equilibrium of SCAN tokens. Consequently, market participants should remain informed about any updates or changes to the token's structure, as these factors can significantly impact its valuation and utility within the broader cryptocurrency ecosystem.
The security features of 0xScans (SCAN) are not explicitly detailed, leaving certain aspects of its validation process and overall network integrity unclear. However, it is crucial to note that the token's contract allows the creator to implement changes that could affect security measures, such as disabling sales or modifying transaction fees. This level of control raises potential concerns regarding the token's resilience against malicious activities or vulnerabilities. Users are encouraged to exercise caution and conduct thorough research, as the ability of the contract creator to alter fundamental aspects of the token could impact the security and trustworthiness of transactions conducted within the network. Therefore, staying informed about any developments related to the token's security features is essential for maintaining secure interactions with SCAN.
Currently, there is no publicly available information regarding the development roadmap or specific milestones achieved by 0xScans (SCAN). The lack of details about planned upgrades, feature releases, or community initiatives limits the ability to assess the project's progress and future direction. As such, stakeholders and potential users should remain vigilant and seek updates from credible sources to stay informed about any advancements or changes that may arise in the project's development trajectory. This vigilance is particularly important given the token creator's ability to modify contract parameters, which could influence the project's evolution and overall success.