Cryptocurrency Q&A
What Blockchain is Ocean Protocol on?
What Blockchain is Ocean Protocol on?
amelia_miller_designer
Fri Jun 28 2024
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5 answers
816
Could you elaborate on the underlying blockchain technology that Ocean Protocol utilizes? I'm curious to know if it's built on a popular blockchain like Ethereum or if it's leveraging a lesser-known platform. Understanding the infrastructure is crucial for assessing the potential and risks of the Ocean Protocol. Furthermore, it could indicate its scalability and interoperability with other blockchain networks. Could you provide some insights into the choice of blockchain and its advantages for Ocean Protocol?
5 answers
CryptoAlchemy
Sun Jun 30 2024
Data providers have the ability to offer access to their data on Ocean's data marketplace.
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Tommaso
Sun Jun 30 2024
Interested parties can purchase this access, enabling them to utilize the datasets for various purposes.
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CryptoKing
Sun Jun 30 2024
The integration of blockchain technology ensures enhanced security for both data providers and consumers.
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KatanaSwordsmanship
Sun Jun 30 2024
On the Ocean Protocol, datasets and their associated services are transformed into ERC-20 assets.
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Carlo
Sun Jun 30 2024
These assets are then recorded and managed on the Ethereum blockchain, providing a decentralized and transparent platform for data transactions.
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