What is DOS cryptocurrency (What does DOS mean)?

What is DOS cryptocurrency? DOS is a decentralized software system based on bloc

What is DOS cryptocurrency (What does DOS mean)?

What is DOS cryptocurrency? DOS is a decentralized software system based on blockchain. It functions similarly to the Ethereum Virtual Machine (EVM), but its main feature is providing data storage to support smart contracts for applications.

In the developer interface, you can directly see the name “dos,” but users can search for this word to find a link where they can input the desired data files and additional information to operate on the network. The total supply of DOS tokens is 100 million, with 10% allocated for investment.

What does DOS mean?

Editor’s note: This article is from BlockBeats (ID: BlockBeats) and authorized republished by Odaily Planet Daily.

DOS is a special algorithm in computer networking systems that has different functionalities and operating modes to achieve decentralization. When performing operations on traditional internet applications, data needs to be inputted into the blockchain and the software can be used for interaction. These logics make it possible. As blockchain technology develops and people’s understanding of it becomes more widespread, this complex mathematical model has gradually been accepted and adopted by the public. So what exactly is DOS and why introduce the term “os”? Let’s start with the literal meaning.

In simple terms, “os” means a function that automatically creates a state value based on specific conditions, which includes all the data involved in the calculation. Therefore, anyone can set a target value, but everyone must simultaneously process multiple transactions to complete tasks, which is completely different from the command-line interface used by ordinary users. Specifically, if a client cannot synchronize the entire transaction result or call the same state value through other nodes, there is no need to build a single database to execute such smart contracts. This makes it easier for developers to perform various tasks, and, due to the inability to verify information and ensure security caused by storing large amounts of data, the ability to only support local reading and output of content is quite limited. In addition, “os,” also referred to as a composability protocol, is an economic protocol based on cryptocurrency used to coordinate economic and financial activities.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/08/09/what-is-dos-cryptocurrency-what-does-dos-mean/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.