Cryptocurrency Q&A
What network is OCEAN Protocol on?
What network is OCEAN Protocol on?
Silvia
Sat Jun 29 2024
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5
answers
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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.
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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.
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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.
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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.
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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.
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