What Is Atomic Match OpenSea

Atomic Match is a feature of the OpenSea marketplace that allows for the simultaneous execution of multiple trades between different buyers and sellers. It is designed to reduce the risk of failed trades and ensure that all trades are executed fairly and efficiently. What Is Atomic Match OpenSea: read more!

With Atomic Match, OpenSea creates a single, unified transaction that includes all of the trades being made at the same time. This means that each buyer and seller involved in the trade will receive their tokens or payment simultaneously, rather than having to wait for each transaction to be processed individually.

This feature is particularly useful for high-volume trades or trades involving rare or expensive items, where even a small delay or error in execution could have significant consequences. By using Atomic Match, buyers and sellers can be confident that their trades will be executed quickly, accurately, and securely.

What Is Atomic Match OpenSea

How OpenSea algorithm works

OpenSea uses a combination of algorithms and smart contracts to power its marketplace. Here’s an overview of how the OpenSea algorithm works:

  • Listings: Sellers create listings for their NFTs on the OpenSea platform, setting a price, description, and other relevant details.
  • Search and Discovery: Buyers can search for specific NFTs or browse through listings using filters like price, category, and creator. OpenSea’s search algorithm uses machine learning and natural language processing (NLP) to help buyers find the NFTs they’re looking for.
  • Trading: When a buyer finds an NFT they want to purchase, they can make an offer or buy it at the listed price. OpenSea’s trading algorithm matches buyers and sellers based on price and other criteria, and then executes the transaction using a smart contract on the Ethereum blockchain.
  • Settlement: Once the transaction is complete, the buyer receives the NFT and the seller receives payment in the form of cryptocurrency (usually Ethereum). OpenSea’s settlement algorithm ensures that all transactions are executed accurately and securely.
  • Reputation and Trust: OpenSea’s algorithm also incorporates reputation and trust metrics to help buyers and sellers make informed decisions. For example, buyers can see a seller’s past transactions and ratings, and sellers can see a buyer’s payment history and reputation.

Overall, OpenSea’s algorithm is designed to provide a seamless and transparent experience for buyers and sellers, while ensuring that transactions are executed fairly and securely on the blockchain.

what is atomic match opensea
What Is Atomic Match OpenSea

What is Etherscan Blockchain Explorer?

Etherscan is a blockchain explorer and analytics platform that provides real-time data and insights into the Ethereum blockchain. It allows users to view, search, and analyze transactions, addresses, and smart contracts on the Ethereum network.

Etherscan provides a wide range of features, including:

  1. Block and transaction data: Etherscan allows users to view real-time data on the latest Ethereum blocks and transactions. Users can also search for specific blocks or transactions and view detailed information on them.
  1. Address tracking: Users can track the activity of Ethereum addresses, including their balance, transaction history, and smart contract interactions.
  1. Smart contract verification: Etherscan provides a tool for developers to verify the source code of their smart contracts to ensure they match the deployed code on the blockchain.
  1. Token tracking: Etherscan allows users to track the performance of ERC-20 tokens, including their price, supply, and transaction history.
  1. API access: Etherscan provides an API that developers can use to build applications and services that interact with the Ethereum blockchain.

Etherscan is widely used by developers, traders, and enthusiasts in the Ethereum ecosystem to monitor network activity, verify smart contracts, and track token performance.

What Is Atomic Match OpenSea

What is BscScan?

BscScan is a blockchain explorer for the Binance Smart Chain (BSC), which is a high-performance blockchain that is compatible with the Ethereum Virtual Machine (EVM). BscScan allows users to explore and analyze transactions, smart contracts, and other activities on the Binance Smart Chain.

Some of the key features of BscScan include:

  1. Transaction Tracking: BscScan provides real-time tracking of all transactions on the Binance Smart Chain. Users can search for specific transactions by transaction hash, address, or block number.
  1. Contract Verification: BscScan allows developers to verify the source code and bytecode of smart contracts deployed on the Binance Smart Chain.
  1. Token Tracking: BscScan provides a comprehensive list of all tokensand their associated transactions on the Binance Smart Chain.
  1. Network Metrics: BscScan provides real-time metrics on the health and performance of the Binance Smart Chain, including block times, network hash rate, and gas prices.
  1. Address Tracking: BscScan allows users to track the activity of specific addresses on the Binance Smart Chain, including wallet addresses and smart contract addresses.

Overall, BscScan provides a valuable tool for developers, traders, and investors who want to explore and analyze activity on the Binance Smart Chain.

what is atomic match opensea
What Is Atomic Match OpenSea

What is TRONSCAN?

TRONSCAN is a blockchain explorer for the TRON network, which is a decentralized platform for building decentralized applications (dApps) and conducting transactions. TRONSCAN allows users to explore and analyze transactions, smart contracts, and other activities on the TRON network.

Some of the key features of TRONSCAN include:

  1. Transaction Tracking: TRONSCAN provides real-time tracking of all transactions on the TRON network. Users can search for specific transactions by transaction hash, address, or block number.
  1. Contract Verification: TRONSCAN allows developers to verify the source code and bytecode of smart contracts deployed on the TRON network.
  1. Token Tracking: TRONSCAN provides a comprehensive list of all tokens and their associated transactions on the TRON network.
  1. Network Metrics: TRONSCAN provides real-time metrics on the health and performance of the TRON network, including block times, network hash rate, and gas prices.
  1. Address Tracking: TRONSCAN allows users to track the activity of specific addresses on the TRON network, including wallet addresses and smart contract addresses.

Overall, TRONSCAN provides a valuable tool for developers, traders, and investors who want to explore and analyze activity on the TRON network. It allows users to gain insights into the performance and usage of the network, as well as to track specific transactions and addresses.

How do I withdraw from TronScan?

To withdraw TRX (Tron) or other TRC20 tokens from TronScan, you will need to follow these steps:

  1. Go to the TronScan website (https://tronscan.org/) and log in to your wallet.
  1. Click on the “Send” tab at the top of the page.
  1. In the “To Address” field, enter the address you want to send the TRX or TRC20 tokens to.
  1. In the “Amount” field, enter the amount of TRX or TRC20 tokens you want to withdraw.
  1. Select the appropriate token from the drop-down menu if you’re withdrawing TRC20 tokens other than TRX.
  1. Click on the “Advanced” button to adjust the transaction fee if necessary.
  1. Click on the “Send” button to initiate the withdrawal.
  1. Review the transaction details and click on the “Confirm” button to complete the withdrawal.

Once the withdrawal is confirmed, the TRX or TRC20 tokens will be sent to the destination address. It’s important to ensure that you enter the correct destination address and amount before initiating the withdrawal, as transactions on the blockchain are irreversible. Also, note that there may be network fees associated with the withdrawal, which will be deducted from your wallet balance.

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