LareBlocks & LareScan Explained in Under 3 Minutes: The Layer 1 Backbone for Web3 Payments

Most crypto payment processors are glorified middleware.

They sit on top of existing blockchains. Process transactions through someone else's network. Charge you for the privilege.

LareBlocks is different.

It's a Layer 1 blockchain. Built from scratch. Designed specifically for merchant payments.

LareScan is its native block explorer. Real-time visibility into every transaction. Every block. Every smart contract.

Think of it as the backbone powering Larecoin's entire payment ecosystem.

Let's break down why this matters for your business.

Why Layer 1 Actually Matters

Here's the reality most payment processors won't tell you.

NOWPayments? Middleware. CoinPayments? Same story. They process your transactions on Ethereum, Bitcoin, or other chains. Then charge you premium fees for the service.

Every transaction goes through multiple layers:

• Their processing system

• The underlying blockchain

• Network validators they don't control

• Gas fees they can't predict

LareBlocks eliminates all middlemen.

Zero reliance on external blockchains. Zero dependency on third-party networks. Zero surprise fees from Ethereum gas spikes.

The network IS the settlement layer.

How LareBlocks Actually Works

Byzantine Fault Tolerant consensus across globally distributed validators.

Translation: No single entity controls transaction validation. No centralized chokepoints. No backdoor access.

The validator network spans 30+ countries. Proof-of-stake consensus with automatic rotation. Geographic distribution prevents regional outages from killing your payments.

Here's what happens when a customer pays:

1. Transaction broadcasts to validator network

2. Consensus achieved across distributed nodes

3. Block confirmed and added to chain

4. NFT receipt minted automatically

5. Payment settles in your wallet

Average time? Under 3 seconds.

Fixed cost? Sub-$0.01 per transaction.

Compare that to credit card processing at 2.9% + $0.30. Or traditional crypto processors charging 0.5-1% plus network fees.

On a $10,000 monthly volume, you're saving $200-300 minimum. Scale that annually. The math speaks for itself.

LareScan: Your Transparency Dashboard

Every blockchain needs a block explorer. LareScan delivers real-time visibility without login walls or API restrictions.

Core capabilities:

Transaction Lookup – Search by hash, wallet address, or block number. Find any payment in seconds.

Block Details – View validator signatures, timestamps, included transactions. Audit the entire validation process.

Smart Contract Verification – Inspect distribution logic, wallet architecture, automated tax allocations. Everything's visible.

Network Statistics – Monitor total transactions, active addresses, network throughput. Real-time health metrics.

NFT Receipt Tracking – Follow digital receipts from minting to ownership transfers. Perfect for accounting reconciliation.

The transparency solves a massive pain point for merchants.

Your accountant can verify purchases independently. No more "trust me" conversations with payment processors. No more opaque fee structures buried in monthly statements.

Every transaction generates an immutable record. Permanently stored. Publicly verifiable. Zero manipulation possible.

Dispute resolution becomes straightforward. Customer claims they never received a refund? Pull up the transaction hash. Show the blockchain timestamp. Case closed.

Speed That Matches Reality

3-second block times aren't theoretical.

They're operational. Right now. Across thousands of daily transactions.

That's faster than most credit card terminals. Comparable to contactless tap-to-pay. Light years ahead of traditional blockchain confirmation times.

Bitcoin? 10+ minutes per block. Ethereum? 12-15 seconds minimum, often longer during congestion.

LareBlocks maintains consistent 3-second performance regardless of network load.

Why does this matter for merchants?

Customer standing at checkout. Waiting. Every second feels like an eternity. Traditional crypto payments? Painful. Check the mempool. Wait for confirmation. Hope gas fees don't spike.

LareBlocks? Tap. Confirm. Done.

The experience matches customer expectations. No weird delays. No technical explanations needed. Just instant settlement.

Enterprise Infrastructure Built In

Most blockchains treat enterprise features as afterthoughts.

LareBlocks builds them into protocol level.

Master/Sub-Wallet Architecture:

Multi-location businesses need centralized treasury control with location-specific addresses. LareBlocks delivers this natively.

Set up master wallet for corporate treasury. Create sub-wallets for each store location. Route payments automatically. Maintain complete oversight.

Real-time reconciliation across all sub-wallets. Export transactions in CSV, JSON, or connect via API. Your accounting software integrates directly.

Push-to-Card Services:

Convert crypto to fiat instantly. No waiting for ACH transfers. No three-day settlement windows.

Crypto hits your wallet. Push to debit card. Spend immediately.

This eliminates the "crypto is too volatile" objection. Accept payment in LARE. Convert to LUSD stablecoin. Push to card as dollars. All within seconds.

LUSD Stablecoin:

Pegged to US dollar. Runs natively on LareBlocks. Eliminates price volatility concerns.

Customer pays in LARE. Your system auto-converts to LUSD. Price locked at $1.00. Zero exchange rate risk.

Traditional processors force you to convert to fiat immediately (with fees). Or hold volatile crypto (with risk). LUSD gives you stable value without conversion fees.

The Competitive Reality

NOWPayments charges 0.5% for crypto processing. Sounds reasonable until you calculate actual costs.

They're processing on external chains. When Ethereum gas spikes, your costs spike. When network congestion hits, your confirmations slow.

You're paying them to use someone else's infrastructure.

CoinPayments? Similar model. 0.5% base rate plus network fees. Plus withdrawal fees. Plus conversion fees if you want fiat.

The fee stack grows quickly.

LareBlocks maintains fixed sub-$0.01 per transaction.

Period. No surprise gas fees. No network congestion surcharges. No hidden conversion costs.

A $100 purchase on traditional processors costs $0.50-1.00 in fees. On LareBlocks? Less than $0.01.

That's 50-100x cheaper. Not a typo.

Scale this across thousands of transactions monthly. The savings become material.

Technical Specifications

For the developers and technical decision-makers:

Consensus: Byzantine Fault Tolerant (BFT) with proof-of-stake validation

Block Time: 3 seconds average

Transaction Finality: Single block confirmation

Smart Contracts: Full support with EVM compatibility

NFT Standard: ERC-721 compatible receipts

Native Tokens: LARE (utility) and LUSD (stablecoin)

Bridge Infrastructure: Cross-chain compatibility for major networks

API Access: RESTful endpoints for merchant integration

Data Export: CSV, JSON, XML formats supported

Everything's open source. Validator code is publicly auditable. Network parameters are transparent.

No proprietary black boxes. No "trust our algorithm" handwaving.

The Social Impact Component

Remember that 1.5% transaction tax mentioned in other Larecoin materials?

It's hardcoded into LareBlocks smart contracts. Verifiable on LareScan. Automatically distributed to global hunger relief programs.

Every payment you process contributes to feeding people worldwide. Not as marketing fluff. As immutable blockchain code.

Your customers see the impact. Track donations on LareScan. Verify distribution addresses. Watch the cumulative effect.

It's transparency meets social responsibility. Built into protocol level.

Why This Matters Right Now

February 2026. Web3 payments are shifting from speculation to infrastructure.

Merchants need reliability. Customers expect speed. Accountants demand transparency.

LareBlocks delivers all three. Plus fee savings that impact your bottom line immediately.

Layer 1 independence means future-proof infrastructure. No dependency on Ethereum's roadmap. No waiting for Bitcoin's Lightning Network. No praying gas fees stabilize.

The network exists. It's operational. It's processing real transactions right now.

Check LareScan yourself. Watch blocks confirm in real-time. See the validator network in action. Verify the 3-second block times.

Then run the math on your current payment processing costs.

Calculate the fees you're paying NOWPayments, CoinPayments, or traditional credit card processors.

Compare them to sub-$0.01 fixed costs.

The decision becomes obvious.

Ready to explore LareBlocks?

Visit larecoin.com for technical documentation, validator node requirements, and merchant integration guides.

Your Layer 1 backbone for Web3 payments is live. Built different. Operating now.