Cryptocurrency Q&A
What blockchain is API3 on?
What blockchain is API3 on?
Caterina
Wed Sep 11 2024
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7 answers
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Could you please clarify for me which blockchain API3 is built upon? I'm curious to know if it's based on a popular platform like Ethereum, or if it's utilizing a lesser-known or more specialized blockchain technology. Understanding the foundation of API3's blockchain infrastructure would help me better grasp its capabilities and potential applications in the cryptocurrency and finance space.
7 answers
BonsaiVitality
Fri Sep 13 2024
The API3 token, an ERC-20 token built on the Ethereum blockchain, holds a pivotal position within the expansive API3 ecosystem.
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Isabella
Fri Sep 13 2024
This token enables its holders to actively engage in the governance of the project, fostering a sense of community ownership and participation.
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Caterina
Fri Sep 13 2024
Understanding how API3 functions is crucial to appreciating its significance.
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DondaejiDelightfulCharm
Fri Sep 13 2024
At its core, API3 facilitates the decentralized and secure exchange of data between various platforms.
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SamuraiWarriorSoulful
Thu Sep 12 2024
Through the utilization of its innovative technology, API3 ensures that data providers can monetize their offerings while maintaining privacy and security.
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