Octopus Network OCT Price 0.39705903

The core technology of the network is trust. Octopus Relay is a set of smart contracts running on NEAR that make appchains compatible with NEAR and other appchains. There is a Any person can provide security to an appchain with the help of $OCT token. After that, the validator needs to set up and run a validator for the appchain, and then sync the validator set from the Octopus Relay. The appchain native token will be given to validators who form a quorum to reach consensus on block production. If one or more validators act in a way that is not in line with the consensus process, a fraud proof can be submitted to the Octopus Relay to challenge them. The $OCT belonging to the malicious actors will be slashed once the fraud proof is confirmed.