Paralink Network PARA Price 0.00087973

What is the paralink network?
Paralink Network is a multi-chain oracle platform. The platform is built on Polkadot.
Users have the option to receive real-world data such as sports, weather, shares, currency and more, and developers have the option to create requests of their own.
Since Q2 2020, paralink technology has been developed. It's designed to solve the oracle problem by limiting access to real world data by using public interface on the same chain. Paralink wants to make it easier for distribution systems to interact with each other and the real world.

Who are the founding members of Paralink Network?
The founder and CEO of Paralink Network is Jan Knezevic. He has a background in business and economics. After working for KPMG, he got a grasp of the technology and started working on various projects, including accounting, business development and internal audits.
Knezevi realized how limited the applications are for exchanging real-world information. It must have a confirmed flow of information from the real world in order to increase their value and implement them in complex industries.

What makes Paralink Network unique?
The advanced queries and ETL process is one of the most significant innovations of Paralink Network. The developers believe that this move will change the attitude of people towards the creation of DAPPS and the transfer of data to smart contracts.
Paralink Network has two main advantages over projects of a similar focus, one of which is PQL, a powerful querying language that helps users quickly and easily query from common data structures.
The on-chain consensus model is powered by Polkadot. The groups of Paralink operators have to agree on the result at a minimum threshold. Paralink can aggregate multiple data sources in the chain and exclude results that don't meet the thresholds.
The main guideline for the development of Paralink is the ability to exchange information in real time with real objects.

There are pages related to this.
You can read about Polkadot and ether.
You can read about the InterPlanetary File System.
What are oracles?
What is smart contract risk?
The term was born in August of last year.

How many Paralink Network (PARA) Coins are in circulation?
Paralink Network's internal currency is PARA, which is an incentive and governance token. Staking is available to those who own it.
The PARA token will be convertible one-to-one with the ERC-20 token at the token generation event.
The initial DEX offering took place on May 24, 2021.

How is the paralink network secured?
Paralink on-chain consensus is the highest degree of application safety.
Simple Ingress is the most cost-effective option for multi-chain networks. The authenticity of any third-party data source can be quickly verified.
Simple Ingress update that addresses the encryption of PQL results using cryptography is called Trusted Ingress. The results come from trusted data providers. This model is an order of magnitude higher than Simple Ingress and is more functionally developed for financial applications, while incoming traffic is cheaper and easier to implement.
It is almost impossible to hack an on-chain security model that doesn't depend on any source for verification.

Where can you buy paralink network?
The exchanges that support Paralink Network (PARA) are Uniswap, PancakeSwap, Gate.io, and ZT.
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