BLAST is a PoW blockchain offering fast transactions, low fees, and a secure environment through SHA256 hashing. It is designed to support applications like the cryptoBLAST video game, facilitating SegWit transactions for efficient data management. The network enables merged mining with Bitcoin for enhanced security and is part of the broader Blocknet ecosystem, supporting dApps and atomic swaps. Developed by a team of gaming and blockchain veterans, BLAST aims to merge the worlds of cryptocurrency and online gaming, providing a platform for innovative blockchain applications.
BLAST is a Proof of Work (PoW) blockchain designed with a focus on supporting software applications, notably the cryptoBLAST video game. It employs a supply-constricting economic model to ensure scarcity, offers low transaction fees, and boasts transaction speeds that are significantly faster than Bitcoin. BLAST uses the SHA256 hashing algorithm for security, facilitating borderless transactions on a decentralized, distributed ledger. It supports Segregated Witness (SegWit) transactions, enhancing data tracking capabilities and network efficiency.
BLAST's primary application is in the gaming sector, specifically for the cryptoBLAST video game, a team-based multiplayer shooter with a strong cryptocurrency theme. The game aims to increase blockchain awareness within the gaming community. BLAST's network supports merged mining with Bitcoin and other SHA256 coins, improving security through shared hashing power. The blockchain also integrates with the Blocknet Protocol, enabling decentralized applications (dApps) and atomic swaps across blockchains, thus broadening its use case to include cross-blockchain interactions and services. Masternode hosting services like Pecunia offer dedicated support for BLAST, indicating its utility in providing passive income opportunities and enhancing network functionality.
The official BLAST ticker is “BLAST” and trades under that name on all the exchanges where it has been listed. The designation “CRYPTOBLAST” is for CryptoCompare.com only.