Oases Chain price is $0.00007858
As of the latest available data, Oases Chain (OAS) is trading at a price of $ 0.00007858. Over the past 24 hours, the price has increased, reflecting a change of +0.00%. Prices can fluctuate quite a bit in the cryptocurrency market, so for the most current price updates, you should check a cryptocurrency tracking website or financial news source.
Oases Chain (OAS) is a blockchain platform that aims to create an ecosystem that supports non-fungible tokens (NFTs), decentralized finance (DeFi), and various other blockchain applications. It seeks to provide users with a robust infrastructure that underpins secure, decentralized transactions and the development of new digital assets.
The founders of Oases Chain have not been made clear in the information provided. Typically, the development of a cryptocurrency is spearheaded by a team of technologists, entrepreneurs, and sometimes even researchers with a vision to innovate in the blockchain space. For more detailed information about the team behind Oases Chain, one would ideally visit their official website or seek out interviews and press releases related to Oases Chain's inception.
Oases Chain operates via blockchain technology, which is a decentralized database system that records transactions across many computers so that the records cannot be altered retroactively. In the case of Oases Chain, the blockchain specializes in creating and managing NFTs and facilitating DeFi services. This involves smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller directly written into code. These smart contracts automate processes and ensure that transactions occur without the need for a central authority, making them trustless and efficient.
Oases Chain's unique selling point is its focus on the NFT space while also supporting DeFi operations. This combination could potentially appeal to a wide audience, including digital artists, collectors, and investors looking for diverse opportunities within the blockchain ecosystem. Oases Chain claims to offer a user-friendly experience that simplifies engagement with digital assets and decentralized applications (dApps).
Like many blockchain platforms, Oases Chain is likely to be secured through a consensus mechanism that maintains the integrity of the network by ensuring that all transactions are verified and agreed upon by network participants. Details on the specific type of consensus mechanism used by Oases Chain, such as Proof of Work (PoW), Proof of Stake (PoS), or another variant, would typically be available on their official website or technical documentation.
The circulating supply of Oases Chain (OAS) is . It is also important to note the total supply, which is 20.0B. These figures are essential for understanding the scarcity and potential inflation of the token. Monitoring the circulating and total supply provides insight into the market dynamics of Oases Chain.
Oases Chain (OAS) can be purchased on several cryptocurrency exchanges. Prospective buyers can look to platforms currently listing OAS, which are . Keep in mind that the availability of Oases Chain on cryptocurrency exchanges can change over time, so it would be wise to check the updated list of exchanges where OAS is traded.
Keeping your Oases Chain (OAS) safe involves securing your private keys and using reliable wallets. It is recommended to use hardware wallets for the best security, as they store your private keys offline. You should also be vigilant about online threats by using strong, unique passwords for your wallet and exchange accounts, enabling two-factor authentication, and being wary of phishing attacks. Regular backups of your wallet can also ensure that you don't lose access to your OAS tokens in case of device failure.
For information on how Oases Chain’s technology is upgraded, one would need to explore their official channels or developer documentation. Blockchain projects often upgrade through various methods such as forks, where the protocol undergoes significant changes, or through improvement proposals that are discussed and implemented by the community and developers. These upgrades can improve scalability, security, and functionality, and are vital for the long-term sustainability of the platform.
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