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Is mask coin a public chain?

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Release: 2024-04-29 13:49:42
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No, Mask coin is not a public chain. It is an ERC-20 token based on the Ethereum blockchain that rewards interaction and participation on the Mask Network.

Is mask coin a public chain?

Is Mask Coin a public chain?

Mask Coin is not a public chain.

Detailed Description

A public chain is a basic blockchain that allows developers to build their own decentralized applications (dApps) on it. The public chain has the following characteristics:

  • Publicity: Anyone can join the network and participate in the consensus process.
  • Decentralization: The network does not have a single central point of control.
  • Programmability: It allows developers to build their own applications in it.

Mask Coin is an ERC-20 token based on the Ethereum blockchain that is used to reward interaction and participation on the Mask Network. Mask Network is a decentralized communication network that allows users to access decentralized applications on major social media platforms.

Mask coin is not a public chain because it does not have the publicity, decentralization and programmability characteristics of the public chain. Instead, it is a token on the Ethereum blockchain used to incentivize activity in the Mask Network ecosystem.

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