MAP Protocol
(MAP)$ 0.013
0.061 % (24H)MAP Protocol Data
Price Range (24H)
Lowest
$ 0.013
Highest
$ 0.013
ATH
$ 0.25
Price Change (24h)
0.061 %
Price Change (7d)
0 %
Market Cap
$ 131,819,000
24h Volume
$ 0
Circulating Supply
0
Max Supply
-1
MAP Protocol Overview
MAP Protocol, a Bitcoin layer-2 and peer-to-peer omnichain network, specializes in cross-chain interoperability. It enables interoperability of blockchain assets, storage, and computing, spanning both EVM and non-EVM chains. Utilizing a decentralized approach, it relies on code and light clients for cross-chain communication, not single entities. MAP, the native cryptocurrency, is used for network fees and incentivizing block producers. The protocol aims to ensure secure, decentralized blockchain communication and transactions. Cross-chain requests are managed by off-chain roles and verified by light clients. Its integration with the Bitcoin network enhances security, recording data and the Proof of Stake consensus of the MAP Relay Chain in Bitcoin blocks. Co-founded by James Cheng, the team includes experts in blockchain research, smart contract development, and foundational blockchain engineering.