Crypto Almanac - Part 42 Beginners Guide

Words
77
Reading
1 min
Listen
Play
4y

Source. Crypto info.com

What is Band Protocol?
Band Protocol is offering a decentralized data oracle for use by blockchains that cannot access trusted real-world information available outside their networks. Band Protocol allows Smart Contracts access to reliable data without any central points of failure.

image.png

Band Protocol wants to be the go-to data infrastructure layer for Web 3.0 applications by making data readily available to be queried on-chain, using delegated proof of stake ("dPoS") to ensure data integrity.

Crypto Almanac - Part 42 Beginners Guide | Ecency