Details about Paralink Network cryptocurrency
€20,817
43,496,353
9.902
Unknown
https://paralink.network/
@ParalinkNetwork
33684200x
€27044.3
Paralink Network price charts
PARA exchanges
Paralink Network, the crypto
Paralink Network (PARA) is a decentralized oracle platform that provides reliable and accurate real-world data feeds to blockchain applications. It uses a hybrid consensus mechanism that combines proof of stake and proof of authority to ensure data integrity and security.
The point
The main point of Paralink Network (PARA) is to bridge the gap between off-chain data and on-chain smart contracts by providing a secure and decentralized oracle solution. It aims to reduce the risks associated with centralization, data tampering, and single points of failure that traditional oracles present.
The problem
Paralink Network (PARA) tries to solve the problem of unreliable and inaccurate data feeds in blockchain applications. It addresses the need for trusted and decentralized oracles that can provide verifiable real-world data to smart contracts, DApps, and other decentralized platforms.
Compare PARA and BTC performance
| Timeframe | PARA | BTC |
|---|---|---|
| 1h change | -0.0385298 % | -0.0400366 % |
| 24h change | 1.87 % | -1.35339 % |
| 7 day change | -7.55 % | -4.88361 % |
| 14 day change | 18.51 % | -4.14321 % |
| 30 day change | 4.04 % | -2.17976 % |
| 200 day change | 20.39 % | 127.499 % |
| Year change | -14.72 % | 127.673 % |