-
Cryptocurrencies
-
Exchanges
-
Media
All languages
Cryptocurrencies
Exchanges
Media
DOS Network is a decentralized oracle service network that supports multiple chains. It provides solutions for Layer-2 networks that solve blockchain data acquisition and complex computing problems. The oracle service network provides real-world reliable data input and verifiable computing power for multiple chains. The DOS token is a utility token based on the Ethereum ERC20 standard, which can be used to motivate various participants in the system and ensure the growth and development of the ecosystem.
In addition to the widely discussed public chain performance issues, there are currently two major issues that hinder the implementation of smart contracts and large-scale commercial decentralized applications:
Blockchain is a closed deterministic system, which means that when the same smart contract code is executed, all verification nodes must reach an unanimous result, otherwise the consensus will be destroyed. This is an inherent and inherent limitation of blockchain consensus mechanisms. Therefore, the smart contract does not allow network I/O communication with the outside world, and the input of the smart contract can only come from the state and transaction data on the chain.
The resources allocated to smart contracts on the chain are very limited, such as the storage on the chain is very expensive, and the execution of smart contracts is limited (such as the block fuel limit of Ethereum, the CPU time limit of EOS, etc.). All of these hinder the birth of complex smart contract applications.
The mission and value of the DOS network is to solve the two problems mentioned above. As an infrastructure, it provides real-world data and more off-chain computing power for smart contracts and decentralized applications, and provides blockchain The landing of the chain and the large-scale application pave the way.
Decentralization of the network
Avoid single point of failure problems, no need to trust third-party independent institutions.
Strong security
The verifiable random number engine and encrypted signature technology ensure the reliability of service network results.
Real-time verifiable results
The data results are obtained in real time, and the correctness of the data can be verified on the chain through cryptography.
High scalability and low cost
Reliable data acquisition or complex calculations are completed off-chain by multiple nodes, with high performance but reduced on-chain overhead.
Perfect multi-chain compatibility
Lightweight on-chain interface, cryptographic consensus is completed off-chain, and can serve all mainstream public chains.
Forward Reward Mechanism
Honest nodes in the service network that complete data acquisition or computing tasks will be rewarded.
Decentralized insurance automatic compensation
Timely and reliable acquisition of insured out-of-chain events through DOS Network, blockchain-based decentralized insurance can realize such as flight Automatic compensation for delay insurance and other insurance types.
Stable coins and encrypted derivatives
Stable coins and encrypted derivatives need to frequently obtain real-time price data outside the chain. DOS Network can obtain reliable data in multiple scenarios in real time and efficiently.
Encrypted asset lending platform
DOS Network can provide real-time and reliable information on currency prices and social media of borrowers, providing strong support for dynamically determining lending rates.
Cross-chain decentralized exchange
A lightweight DOS Network interface that can be deployed on multiple chains, making it possible for decentralized exchanges to realize cross-chain atomic transactions.
Decentralized casinos and games
Decentralized casinos and games on the chain often require safe and reliable randomness injection. The DOS Network random number engine provides unpredictable and verifiable randomness number generated.
Blockchain Computing Market
Commercial computing such as machine learning training models and 3D rendering needs to complete a variety of complex computing tasks. The off-chain computing market provides verifiable and unlimited off-chain Calculate ability.
*The above content is organized by YouToCoin official. If reprinted, please indicate the source.