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Description
Obyte operates as a distributed ledger utilizing a directed acyclic graph (DAG) structure. In contrast to centralized ledgers and traditional blockchains, the Obyte ledger promotes decentralization, eliminating intermediaries while ensuring that access remains free, equitable, and open to all users. Through the Bonded Stablecoins platform, one can issue stablecoins that are tied to USD or BTC, or even create new stablecoins linked to various other assets or indices. Additionally, Stable+ coins are designed to increase in value over time, allowing holders to earn interest—potentially up to 16% per annum in USD. Governance tokens are also available, which appreciate in value corresponding to the issuance of more Stable+ coins. To trade tokens that have been issued on the Obyte network, users can utilize the ODEX decentralized exchange or the Oswap automated market maker; ODEX features off-chain order matching, achieving speeds comparable to traditional centralized exchanges, while Oswap enables liquidity provision, allowing users to earn fees with each trade. A unique feature of Obyte is its capability for conditional payments, allowing users to set specific criteria that must be met before the payee receives their funds, thus providing greater flexibility in financial transactions. This innovative approach redefines the potential of digital currencies, making them adaptable to various use cases.
Description
Beyond being merely a blockchain, The Root Network facilitates a smooth user experience and promotes asset interoperability within the expansive open metaverse. Serving as a crucial backbone for preserving ledger integrity, validating transactions, and executing smart contracts, our Layer 1 blockchain is crafted to provide an effortless experience for various metaverse applications. The integration of scalable Layer 2 technology positions the network for sustained growth and ongoing success in a rapidly evolving landscape. Utilizing a "network of networks" architecture, The Root Network capitalizes on the robust security features of our Layer 1 blockchain. Users can create digital assets and tokens that are versatile, enabling exchange and utilization across a range of applications, experiences, and destinations in the open metaverse. This adaptability not only enhances user engagement but also fosters innovation within the digital ecosystem.
API Access
Has API
API Access
Has API
Integrations
CoinSpot
PancakeSwap
QuickSwap
Telegram
Uniswap
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Obyte
Website
obyte.org
Vendor Details
Company Name
The Root Network
Website
www.therootnetwork.com
