Cryptocurrency Q&A
What chain is Ocean on?
What chain is Ocean on?
ShintoSanctuary
Fri Jun 28 2024
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5 answers
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As a cryptocurrency enthusiast and investor, I'm keen on exploring new projects and their underlying technologies. Could you please elaborate on the blockchain platform that Ocean Protocol is built upon? Understanding the chain Ocean resides on is crucial in assessing its scalability, security, and overall network efficiency. I'm particularly interested in knowing if it's a widely adopted chain, or if it's a specialized, niche solution tailored specifically for Ocean's decentralized data exchange. This information will help me make informed decisions about potential investments and collaborations.
5 answers
DavidJohnson
Sun Jun 30 2024
Ocean serves as an innovative open-source protocol, designed to empower businesses and individuals with the ability to exchange and monetize data and its associated services.
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CryptoAce
Sun Jun 30 2024
The foundation of Ocean lies on the robust Ethereum blockchain, a platform renowned for its security and decentralization.
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Ilaria
Sun Jun 30 2024
Within the Ocean ecosystem, 'datatokens' play a pivotal role, serving as the gateway to access various data sets. These datatokens represent a form of digital currency that grants authorized access to specific data.
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ShintoSanctuary
Sun Jun 30 2024
By utilizing datatokens, Ocean ensures that data exchange and monetization occur in a secure and transparent manner. This approach not only protects the privacy of data owners but also ensures that data consumers have access to legitimate and verified information.
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Daniele
Sat Jun 29 2024
BTCC, a UK-based cryptocurrency exchange, offers a wide range of services that align with the Ocean protocol's vision. Its offerings include spot trading, futures contracts, and wallet services, providing a comprehensive platform for digital asset management and trading.
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