Cryptocurrency Q&A
What network is OCEAN Protocol on?
What network is OCEAN Protocol on?
Silvia
Sat Jun 29 2024
|
5 answers
941
Could you elaborate on the network that the OCEAN Protocol operates on? I'm curious to understand the underlying infrastructure that supports this decentralized data exchange protocol. Is it built on a popular blockchain like Ethereum, or does it utilize a different technology stack? Understanding the network foundation is crucial for assessing the scalability, security, and interoperability of the OCEAN Protocol. Your insights would be greatly appreciated.
5 answers
Elena
Mon Jul 01 2024
The introduction of datatokens not only enhances data security but also incentivizes data providers to share their valuable information.
Was this helpful?
53
66
TaegeukChampionCourageousHeart
Mon Jul 01 2024
Ocean, an innovative open-source protocol, endeavors to facilitate the exchange and monetization of data and data-driven services for both businesses and individuals.
Was this helpful?
124
65
Leonardo
Mon Jul 01 2024
Leveraging the Ethereum blockchain as its foundation, the Ocean protocol introduces a novel concept of 'datatokens' to regulate access to diverse data sets.
Was this helpful?
173
69
Stefano
Mon Jul 01 2024
These datatokens serve as the gateway to information, ensuring that only authorized users with the corresponding tokens can access specific data.
Was this helpful?
251
24
Chloe_emma_researcher
Sun Jun 30 2024
By rewarding data providers with tokens, Ocean creates a sustainable ecosystem where data can be exchanged and monetized fairly and efficiently.
Was this helpful?
340
76
