Blockton Coin Review : Is It Good Or Bad Coin Read Our Article

About Blockton Coin

Blockton Coin relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality. The BLOCKTON Chain also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability.

BTON Exchange remains a liquid venue of the exchange of assets on both chains. Because BTON is EVM-compatible, it launched with support for the rich universe of Ethereum tools and DApps. In theory, this makes it easy for developers to port their projects over from Ethereum. For users, it means that applications like MetaMask can be easily configured to work with TC. Seriously – it’s just a matter of tweaking a couple of settings. Check out Use MetaMask for BLOCKTON Chain to get started.

Blockton Coin Point Table

BTON (and Other Coins) MainNet Switch

Pio Gold Coin (BTON) was an ERC20 token on the Ethereum network. After the launch of BLOCKTON Chain, Pio Gold Coin (BTON) is being converted into native BTON tokens on the main network via the exchange platform at blocktonscan.com, a pragmatic and efficient way to perform the initial token swap.

BLOCKTON Chain is ready for other projects to migrate their tokens to take advantage of performant transactions with more liquidity options and native marketplace features. More information about how projects can set themselves up for this (via blocktonscan.com or partners) will come soon.

Build on Blockton

Start building on Blockton using Solidity and the tools you’re already familiar with: Remix, Truffle, and MetaMask. Blockton supports the EVM and you can deploy your dApps just like on Ethereum.
Access to the documentation and connect with your developer community.

EVM compatible

Blockton is fully compatible with Ethereum. Deploy your dApps at a fraction of a cost and experiment with Blockton high performance.

Oracles integrations

They integrated industry-leaders oracle providers Chainlink and Band Protocol for your maximum flexibility to access price feeds.

Open source

Blockton code is completely open source. Anyone can read it, check on the progress, comment on it, and help build the ecosystem.

Robust APIs

Use The Graph’s subgraphs and bton’s robust Web3JS APIs to build wallets, explorers, or data analysis tools.

Stake on Blockton

Earn rewards by staking your BTON to help secure the network. Choose your staking preference, start earning with a few clicks, and use your staked funds as collateral on DeFi.

Why Choose Blockton Coin?

Light client security

Validators set changes take place at the (epoch+N/2) blocks. (N is the size of validatorset before epoch block). Considering the security of light client, they delay N/2 block to let validatorSet change take place. Every epoch block, validator will query the validatorset from contract and fill it in the extra_data field of block header. Full node will verify it against the validatorset in contract. A light client will use it as the validatorSet for next epoch blocks, however, it can not verify it against contract, it has to believe the signer of the epoch block.

If the signer of the epoch block write a wrong extra_data, the light client may just go to a wrong chain. If delay N/2 block to let validator Set change take place, the wrong epoch block won’t get another N/2 subsequent blocks that signed by other validators, so that the light client is free of such attack.

System transaction

The consensus engine may invoke system contracts, such transactions are called system transactions. System transactions is signed by the validator who is producing the block. For the witness node, will generate the system transactions (without signature) according to its intrinsic logic and compare them with the system transactions in the block before applying them.

Enforce backoff

In Clique consensus protocol, out-of-turn validators have to wait a randomized amount of time before sealing the block. It is implemented in the client-side node software and works with the assumption that validators would run the canonical version. However, given that validators would be economically incentivized to seal blocks as soon as possible, it would be possible that the validators would run a modified version of the node software to ignore such a delay. To prevent validator rushing to seal a block, every out-turn validator will get a specified time slot to seal the block. Any block with an earlier blocking time produced by an out-turn validator will be discarded by other witness node.

Security and Finality

Given there are more than 1/2*N+1 validators are honest, PoA based networks usually work securely and properly. However, there are still cases where certain amount Byzantine validators may still manage to attack the network, e.g. through the “Clone Attack”. To secure as much as BC, BTON users are encouraged to wait until receiving blocks sealed by more than 2/3*N+1 different validators. In that way, the BTON can be trusted at a similar security level to BC and can tolerate less than 1/3*N Byzantine validators.

Potential Issue

If the transaction that updates the validator is sent to the BTON right on the epoch period, then it is possible for the in-turn validator to censor the transaction and not change the set of validators for that epoch. While a transaction cannot be forever censored without the help of other n/2 validators, by this it can extend the time of the current validator set and gain some rewards.

In general, the probability of this scheme can increase by colluding with other validators. It is relatively benign issue that a block may be approximately 5 secs and one epoch being 240 blocks, i.e. 20 mins so the validators could only be extended for another 20 mins.

Where Can You Buy Blockton Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On VinDAX, As It Has The Highest BTON/USDT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include BTON/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Blockton Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support Blockton Coin. Here Is Example Of Wallet Which Blockton Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of Blockton Coin