OriginTrail has introduced the launch of DKG model 8.0.1 on its mainnet, introducing the activation of Paranets. This replace permits customers to have better management over their information and put it to use to assist decentralized intelligence.
TRAC Information
OriginTrail, a decentralized protocol, facilitates environment friendly information sharing throughout numerous entities inside a multi-chain ecosystem.
Developed by Hint Labs, the underlying protocol of OriginTrail was launched in 2018 on Ethereum as the first-ever “Decentralized Data Graph”. This blockchain-based protocol has been pivotal in selling multi-chain interoperability amongst members in the data-sharing ecosystem, permitting customers to retailer and entry shared and discoverable information throughout the community.
At present, OriginTrail is interoperable with Ethereum, Polygon, and Gnosis Chain. OriginTrail’s native token, essentially an ERC-20 cryptocurrency, will be traded with different cryptocurrencies on the Ethereum platform.
After the Ethereum Merge, transactions involving the token are validated utilizing the Proof-of-Stake (PoS) consensus mechanism, reinforcing the token’s credibility and safety throughout the ecosystem.
