The live DotOracle price today is $0,089210 USD with a 24-hour trading volume of $102 940 USD. We update our DTO to USD price in real-time. DotOracle is down 28,72% in the last 24 hours. The current CoinMarketCap ranking is #4266, with a live market cap of not available. The circulating supply is not available and a max. supply of 100 000 000 DTO coins.
If you would like to know where to buy DotOracle, the top cryptocurrency exchanges for trading in DotOracle stock are currently MEXC, Hoo, SushiSwap, and DODO (Ethereum). You can find others listed on our crypto exchanges page.
DotOracle proposes a decentralized network that allows to connect the real world to the Polkadot ecosystem by providing a decentralized oracle service to transfer information from the real world to Polkadot in real time. Moreover, DotOracle also aims to create a liquidity network layer that transfers digital assets back-and-forth between Polkadot and other smart contract platforms, especially Ethereum.
Decentralized oracle network DotOracle network is a chain-less decentralized network. To achieve fast confirmation of the network, we propose to use the following techniques.
Fast, Secure, decentralized network
Practical Byzantine Fault Tolerance (PBFT) distributed consensus protocol
Optimization with the Elliptic Curve (EC) Multisignature scheme
Transperancy, MoonBeam Polkadot integration
DotOracle is the link between the real data source for Moonbeam and the smart contracts of blockchain-based DeFi protocols, especially Ethereum. The goal is to blur the line between off-chain data sources and on-chain information by integrating a decentralized oracle with the Moonbeam parachain. It also allows the platform to provide smart contracts with an uninterrupted and reliable source of data.
Features of DotOracle Oracle Network:
-Fast, secure and decentralized: automatic real-time data acquisition makes DotOracle extremely fast without sacrificing security. In addition, the end-to-end decentralized network of oracles makes it truly decentralized.
- Efficient Consensus Protocol: The platform uses the Practical Byzantine Fault Tolerance distributed consensus protocol and implements strict penalties for inappropriate behavior, thereby protecting the network.
- Elliptic Curve Cryptography: DotOracle includes an Elliptic Curve (EC) multi-signature scheme to reduce latency and increase oracle encryption and decryption speed. -
-Transparency: Thanks to the integration with the Moonbeam parachain powered by Polkadot, DotOracle is highly transparent.
DotOracle is also a blockchain bridge between Ethereum and Polkadot
DotOracle's price is currently $0.089210 and the 24 hour trading volume is $102,940. the cost is calculated based on the current exchange rate of US dollars. DotOracle is down 28.72% in the last 24 hours. The current CoinMarketCap rating is #4266 and the current market cap is not available. There is no circulation feed and max. supply of 100,000,000 DTO coins.
You can currently buy DotOracle from the leading cryptocurrency exchanges for trading DotOracle shares - MEXC, Hoo, SushiSwap and DODO (Ethereum).
DotOracle offers a decentralized network that allows you to connect the real world to the Polkadot ecosystem by providing a decentralized oracle service to transfer information from the real world to Polkadot in real time. In addition, DotOracle is also looking to create a network liquidity layer that transfers digital assets back and forth between Polkadot and other smart contract platforms, especially Ethereum.
Decentralized Oracle Network The DotOracle Network is a decentralized network without a chain. To achieve fast network verification, we suggest using the following techniques:
-fast, secure, decentralized network;
-distributed consensus protocol practical byzantine;
- fault tolerance (PBFT);
- optimization using the Elliptic Curve (EC) multi-signature scheme;
-transparency, MoonBeam Polkadot integration;
DotOracle intends to connect the Polkadot ecosystem with the world outside of DOT and provide Moonbeam-based dApps with real-time data. In addition, the network aims to address Ethereum’s scalability and gas fee issues while addressing Polkadot’s liquidity issues.
However, DotOracle is still in its infancy and only time will tell if its dream of becoming a real-time decentralized oracle and cross-chain liquidity network for the Polkadot ecosystem becomes a reality.
Documentaries, videos and podcasts
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- Blockchain oracleA technology for allowing blockchains or smart contract to interact with external data.