CoinStats and FIO Protocol Partner for Free Web3 Handles
CoinStats has just integrated its 100th blockchain into its portfolio tracker, now supporting over 300 wallets and exchanges. Today, CoinStats announces a strategic partnership with FIO Protocol, enabling users to claim a universal Web3 handle on the @coinstats domain at no cost. This update streamlines on-chain address management and enriches your portfolio-tracking experience.
What Is FIO Protocol?
FIO Protocol is a decentralized service layer that abstracts complex wallet addresses into human-readable handles (e.g., alice@coinstats). Each handle is minted as an NFT on the FIO blockchain, granting full ownership and transfer rights. Key technical specifications include:
- Token Economics: The FIO Token (FIO) powers the network, with typical handle registration costing 0.75 FIO and renewal priced at 0.5 FIO.
- Consensus: Delegated Proof-of-Stake (DPoS) secures the network via 21 active block producers and up to 50 standby nodes.
- Interoperability: Compliant with the FIO Standards (FIP-002, FIP-214) for decentralized application support across Ethereum, Binance Smart Chain, and more.
New Integration Features on CoinStats
- FIO Token Balances: Real-time FIO token holdings displayed alongside your BTC, ETH and other assets.
- FIO Handle Lookup: Enter any FIO handle to retrieve consolidated balances for mapped addresses across multiple chains.
- Free Handle Registration & Management: Claim and renew your handle via FIO Protocol without gas or subscription fees.
- Cross-Chain Notifications: Receive push and email alerts for incoming transfers to any address linked to your FIO handle.
Technical Architecture Deep Dive
Under the hood, FIO Protocol employs a hybrid on-chain/off-chain architecture for efficient lookup and low-latency responses. When you resolve a handle, a query is broadcast to the FIO API Gateway, which then fetches a signed mapping record from the blockchain’s state database. This design minimizes gas costs and accelerates lookups.
Consensus and Security
FIO’s DPoS mechanism cycles block producers every 21 blocks, ensuring decentralization. A recent audit by CertiK rated the protocol’s smart contracts as highly secure, with multi-signature support for enterprise use cases.
Expert Opinion
“The FIO integration is a game-changer for end users. Abstracting wallet addresses into handles reduces friction and the risk of manual entry errors,” says crypto analyst Dr. Lena Martinez of YieldRadar Research.
Impact on User Experience and Adoption
Since opening free handle registrations, FIO has onboarded over 1.7 million users, with a 200% surge in daily lookups. CoinStats expects this feature to drive up to 25% more active portfolio sessions as users simplify transactions across chains.
How to Claim Your Free Web3 Handle
1. Follow this link to FIO Protocol.
2. Search for your desired handle under the @coinstats domain.
3. Click “Get It” and confirm via your connected wallet.
Conclusion
By integrating FIO Protocol, CoinStats reinforces its position as a leading portfolio tracker focused on usability and security. This partnership brings seamless, cross-chain identity management to over 1 million active users, illustrating the future of human-friendly blockchain interactions.