Overview of Canto Blockchain.

in hive-150122 •  2 years ago 

Canto is a permissionless general-purpose blockchain running the Ethereum Virtual Machine (EVM). It was built to deliver on the promise of DeFi – that through a post-traditional financial movement, new systems will be made accessible, transparent, decentralized, and free.

Image: COVER ART/ILLUSTRATION VIA CRYPTOSLATE

Canto Blockchain is powered by its own token called CTO, which is used to facilitate transactions and is also used as a reward for miners.

It is based on the Bitcoin protocol, which means it supports the same features as Bitcoin. This includes lightning-fast transactions, low fees, and anonymity. It's Blockchain also offers additional features. These features include faster block times, reduced transaction fees, and support for more types of data.

The main feature of Canto Blockchain is its privacy and security. All transactions made on the blockchain are encrypted and secure. Furthermore, Canto Blockchain is resistant to attacks such as double-spending and 51% attack. This confirm that all transactions are safe and secure.

An unique feature of Canto Blockchain is its smart contracts. Smart contracts allow users to create contracts that are enforced and executed automatically. This means that once the conditions of the smart contract are met, the agreement will be enforced automatically.

Canto Blockchain also offers a decentralized marketplace. This marketplace allows users to buy, sell, and trade goods and services with other users. This provides users with a safe and secure way to transact online.

It is a secure and reliable blockchain platform. It offers users the ability to make fast and secure transactions, and it also provides support for smart contracts and decentralized marketplaces. This makes Canto Blockchain an ideal platform for businesses and individuals to use.



This is your beloved @nusuranur.


8FF7198D-D313-4FC3-ADE4-05C262C64B9E.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
image.png
please click it!
image.png
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)

The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.

Thanks for supporting @se-witness with your witness vote. Heres a free vote!