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What Is OpenLink(OLINK)? Complete Guide & Review About OpenLink

Bixer Simond by Bixer Simond
15/05/2023
What Is OpenLink(OLINK)? Complete Guide & Review About OpenLink
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What Is OpenLink(OLINK)?

The goal of OpenLink is to connect the world on and off the chain. They adopt the modular design concept, which will greatly simplify our upgrading and optimization of it in the future. This is also like a black box,which is used to solve specific data problems between the blockchain and the real world.

On-chain They call data requests initiated by smart contracts request contracts. The interface between OpenLink and the request contract is an on chain contract. It has an online module, aggregation contract. Users can choose their own nodes and services. The aggregation contract will collect the data returned by the Oracle, aggregata the data, and calculate the final required results.

Off-chain The off chain architecture of OpenLink Coin is the Oracle node network. These nodes respectively obtain the data under the chain and send it to the aggregation contract to get the final result. The following describes in detail how to aggregate multiple returned results into a single data. They node software is open source, which includes standard blockchain internation, scheduling and connecting common offline resources.

Poundtoken Storage Key Points

Coin BasicInformation
Coin NameOpenLink
Short NameOLINK
Max Supply20,200,114
Circulating Supply1,165,002.85 OLINK
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

OLINK Price Live Data

The live OpenLink price today is $7.29 USD with a 24-hour trading volume of $93,068.23 USD. They update to USD price in real-time. This is up 0.89% in the last 24 hours. The current ranking is #3902, with a live market cap of not available. The circulating supply is not available and a max. supply of 20,200,114 OLINK coins.

If you would like to know where to buy OpenLink at the current rate, the top cryptocurrency exchange for trading in stock is currently PancakeSwap (V2). You can find others listed on crypto exchanges page.

Decentralized Oracle Networks OF web3.0

OpenLink is like a transit box. The connection and verification between the blockchain and specific data in the real world are processed through this box. It provides reliable data sources for applications on the blockchain and ensures the normal operation of the blockchain.

What is a oracles

The function of the Oracle is to write external information into the blockchain and complete the data exchange between the blockchain and the real world. It allows the determined smart contract to respond to the uncertain external world. It is the only way for the smart contract to interact with the external data, and it is also the interface between the blockchain and the real world.

What is OpenLink?

On-chain

They call data requests initiated by smart contracts request contracts. The interface between They and the request contract is an on chain contract. OpenLink has an online module, aggregation contract. Users can choose their own nodes and services. The aggregation contract will collect the data returned by the Oracle, aggregate the data, and calculate the final required results.

OpenLink Core software

The off chain architecture of OpenLink Coin is the Oracle node network. These nodes respectively obtain the data under the chain and send it to the aggregation contract to get the final result. The following describes in detail how to aggregate multiple returned results into a single data. They node software is open source, which includes standard blockchain interaction, scheduling and connecting common offline resources.

Route Map

Ecological layout of olink distributed Oracle

  • · Create olink infrastructure, global nodes and global traffic
  • · Establish olink Dao community and promote community + product model
  • · Launch olink’s global market operation strategy

Online olink swap decentralized exchange

  • · Get through the cross chain protocols of BSC, heco, Tron and other public chains
  • · Get through the cross chain protocol between other mainstream encryption assets and olink
  • · Create the liquidity and consensus of olink in the field of cryptocurrency

Build an ecosystem based on Ovlink distributed Oracle

  • · One key generation and one key cross chain of smart contracts
  • · DAPP modular structure to reduce the difficulty of DAPP development
  • · Build and carry more DAPP under olink ecosystem

Distributed Oracle based on olink Create “gamefi + socialfi + NFT” Multidimensional application ecology

  • · Enabling NFT application scenarios for anti-counterfeiting and traceability in physical industries
  • · Establish a virtual space NFT application scenario of gamefi
  • · Explore socialfi’s NFT application scenarios
Tags: How It Work OpenLinkHow To Buy OpenLinkOpenLink CoinOpenLink Review
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .