What is ONC currency (What is ONC coin)?

What is ONC currency? According to the latest official news, ONC (OpenNetwork)

What is ONC currency (What is ONC coin)?

What is ONC currency? According to the latest official news, ONC (OpenNetwork) is a public chain project based on Ethereum decentralized oracle system, developed by the O(1)Labs development team. It focuses on the ecosystem of distributed smart contracts. As a completely open-source, permissionless, and highly secure network system, anyone can run for the validation nodes of the Ontology mainnet and receive rewards. Currently, the total network computing power is close to 300PiB, and it runs well on the testnet. Projects already launched on the mainnet include MoonPay, TokenPocket, imTOKEN, and so on.

What is ONC coin (ong)?

According to official news, ong (Onramp) is a decentralized application ecosystem based on Ethereum. It is a token and a cryptocurrency. Its main features include supporting borderless transactions, instant settlements, and verifiable random numbers. It also incorporates a collateralization mechanism that allows users to participate in smart contract development.

In addition, ong operates on the blockchain and interacts with other chains through data transmission. It is completely owned and controlled by the community, without any legal or regulatory obstacles.

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