Odin Protocol (ODIN)

Odin Protocol (ODIN)

Price
$0.108316 (-13.42 %)
฿0.00000302 (-11.02 %)
Market cap
$1 391 313
฿38.76
Volume (24h)
$1 075
฿0.03
Supply
84 400 000 (Max)
12 844 960 (Available)

Events are managed by official representatives

ODIN is a decentralized system designed to build a data oracle network based on an open protocol for interaction between participants and a sustainable economy. In addition to organizing the data oracle network, ODIN involves building a decentralized peer-to-peer data sharing and trading ecosystem for delivering real-world data to onchain for various use cases such as DeFi, betting, forecasting apps, or NFT.

What is an ODIN Node?
Forked from Band Protocol's BandChain project, with a toolset customized to work with the ODIN project. A node participates in the decentralized network by keeping a copy of the ledger (transaction log) and audits the ledger to ensure all transactions obey the rules of the protocol. Additionally, any node can ask to become a validator. A validator is elected by votes from network users. The validator's role is to form, propose, verify, and confirm blocks in the chain. Validators perform a similar role to auditors, but with authority.

Learn more about running ODIN node: https://app.gitbook.com/@geodb/s/odin-protocol/before-getting-started
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