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BlackFort Exchange Network Stock

BlackFort Exchange Network

BXN

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BlackFort Exchange Network Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateBXN/USDT0252.571,262.89423,212.50.02cex2287/9/2025, 6:23 AM
MEXCBXN/USDT01,129.68598.56359,150.240.01cex2327/9/2025, 6:18 AM
Biconomy.comBXN/USDT0463.52153.16145,368.570.03cex1527/9/2025, 6:15 AM
LBankBXN/USDT0167.78378.26115,397.930.01cex787/9/2025, 6:21 AM
BitMartBXN/USDT0253.1179.06113,748.940.01cex1057/9/2025, 6:21 AM
HibtBXN/USDT0325.93903.2211,403.090cex1564/8/2025, 6:35 AM
BitfinexBXN/USD0006,773.990cex12/25/2025, 2:56 AM
BitfinexBXN/USDT0002,726.980cex12/25/2025, 2:56 AM
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BlackFort Exchange Network FAQ

### Principles of BlackFort BXN *BlackFort BXN* operates on a foundation of rigorously defined principles aimed at ensuring transparency, security, and efficiency within the cryptocurrency ecosystem. This network prioritizes the integrity of transactions and upholds a decentralized framework to benefit all users equally. By leveraging cutting-edge technology and robust security measures, BlackFort BXN aims to foster trust and reliability. For more detailed information and analysis, visit Eulerpool.

In the development of the BXN blockchain, several guiding principles were prioritized to foster a flexible and expansive network of EVM Core Smartchains, creating a symbiotic relationship with existing blockchains rather than seeking to replace them completely. Below are the core principles of BXN: Standalone, Independent, and Unique Blockchain: BXN is technically a standalone blockchain, distinct from a layer-2 solution, although it operates using existing Ethereum (ETH) addresses. Many of BXN's fundamental technical and business functions are self-contained, allowing it to serve a complementary role to other blockchains, alongside promoting interoperability and supporting future cross-chain transfers. EVM Compatibility: Ethereum, as the first practical and widely adopted Smart Contract platform, has a mature ecosystem. BXN strategically chooses to align with the Ethereum mainnet to leverage existing applications and community support. Consequently, most decentralized applications (dApps), ecosystem components, and tools are compatible with BXN, requiring little to no modification. Furthermore, BXN nodes demand minimal and low-cost hardware requirements and expertise to operate. Staking Involves Consensus and Governance: Staking-based consensus provides an environmentally friendly solution and enhances flexibility in community governance. This consensus model is expected to facilitate improved network performance and lower operating costs compared to proof-of-work blockchains, resulting in faster block creation times and increased transaction capacity than traditionally achieved with proof-of-work systems.

What is the Blocktime and Halving Period?

A block comprises a set of entries into the blockchain that require verification and validation. Once this collection of transaction and interaction records is processed—along with the release or generation of block rewards using the transaction fees paid by the blockchain user—distribution occurs automatically, and the formation of the next block begins. This cycle takes place every 5 seconds. Approximating the yearly halving period: Given the set interval for block creation and validation, it takes approximately 6,000,000 blocks to equate to one year in real time. Block reward halving occurs at every 6,000,000th block. For instance, the fifth year commences at block number 30,000,000, calculated as follows: 6,000,000 * 5 = 30,000,000.

What is BXN Proof of Staked Authority?

The BlackFort Exchange Network has introduced an innovative staking method known as Proof-of-Staked-Authority (PoSA). This method is crafted to offer a genuinely decentralized and straightforward staking experience. PoSA operates as a consensus mechanism, enabling users to stake their tokens and earn rewards through transaction validation on the network. The staking process is user-friendly and can be accomplished via validator nodes, delegation, or a do-it-yourself (DIY) approach. By engaging in staking through PoSA, users actively take part in the validation process, thereby enhancing the network's overall security and efficiency. This mechanism also removes the requirement for energy-intensive procedures and costly hardware, making staking accessible to everyone. In summary, PoSA stands as a dependable and effective staking method, promoting increased decentralization and accessibility on the BXN blockchain platform. Find more information on Eulerpool.

The BlackFort Wallet Application is a digital tool designed for managing and securely storing cryptocurrencies within the BlackFort Exchange Network ecosystem. This application provides users with a comprehensive platform to execute transactions, monitor their digital assets, and engage efficiently with the extensive features of the BlackFort Exchange Network. Detailed information and insights about this cryptocurrency can now be accessed through Eulerpool.

BlackFort Wallet is a client-side, multi-currency wallet application designed for both iPhone and Android devices. This application is documented in the BlackFort Wallet Yellowpaper, which can be accessed here: [Blackfort Wallet Yellowpaper](https://blackfort.exchange/wp-content/uploads/Blackfort-Yellowpaper.pdf).

What Additional Utilities are Available for BXN Holders?

BXN is utilized as a Utility Token across BlackFort products in the following ways: **BlackFort Wallet:** BXN holders will: - Receive a reduction in exchange and swap fees. - Have the opportunity to be whitelisted for upcoming projects on the BXN Blockchain, including in-house developments and vetted external projects. - Be eligible to receive airdrops. **B2B Services (BlackFort Payment Solution Service):** BXN can be used to: - Lower onboarding fees. - Decrease operational fees. - Reduce transaction fees. **BlackFort EMI Services:** BXN serves to: - Lower onboarding fees. - Decrease operational fees. - Reduce transaction fees.

What is the BlackFort Exchange Network VOTE Token?

VOTE Token * Utilized for governance votes to determine the allocation of network resources. * Utilized for governance votes to decide on proposed functionalities. This token signifies a measure of authority in a DAO voting process. It was distributed to early supporters of the BXN token economy.

Investors interested in BlackFort Exchange Network are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.