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How does Hashocean make money (Is Hashshiny trustworthy)?

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On April 21st, the decentralized multi-chain digital asset platform, Hashocean,

How does Hashocean make money (Is Hashshiny trustworthy)?

On April 21st, the decentralized multi-chain digital asset platform, Hashocean, announced the launch of its ecological token, hash海洋 (hash ocean). Currently, this token is running on the Ethereum mainnet, supporting both ERC20 and ETH. Additionally, Hashocean plans to achieve seamless cross-chain asset trading through collaborations with protocols like Aave.

Specifically, users can earn liquidity mining rewards by staking hOCEAN. They can also participate in governance based on their contributions and earn profits. Alternatively, they can provide liquidity incentives to other projects and make contributions to their own or any community, such as providing rewards for NFTs, games, and cryptocurrency collections.

Is Hashshiny trustworthy?

As reported by CoinDesk, HashShiny is an open-source software toolkit for decentralized exchanges. In this article, we will discuss whether Hashshiny is trustworthy and whether it is worth a try. Let’s take a closer look at the specific features of hash power.

The principle of hash power is the same as Bitcoin, but the difference lies in the mining algorithm, which is fundamentally different from Ethereum. Its design goal is to ensure network security and transaction speed.

In order to ensure data storage security and reduce unnecessary usage, a reward mechanism is set up: when a user initiates a block through a node, they can receive one hashshiny. If this number is greater than 2, they will send 1 million ETH to the blockchain, which requires a fee of approximately $5.

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