What Is Hboracle.org Coin ( HBO) ?
Hboracle.org offers a whole set of the technical solutions to cater to the need of data requests, including community nodes and institution nodes system, price feed upon deposit, data verification, arbitration as well as incentive and penalty mechanism. To maintain the diversity and sustainability of data resources, reputation contracts, order-matching ,contracts and aggregating contracts are initiated.
Oracle is a one-way digital agent, which can find and verify the real data under the chain, and submit the information to the smart contract in an encrypted way. It is the data entry of the decentralized world. The top exchange for trading in HashBridge Oracle is currently MDEX. You can find others listed on our crypto exchanges page.
The live HashBridge Oracle price today is $76.97 USD with a 24-hour trading volume of not available. HashBridge Oracle is up 12.19% in the last 24 hours. The current CoinMarketCap ranking is #4120, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 HBO coins.
Important Points Table Of Hboracle Coin
Basic | Points |
---|---|
Coin Name | Hboracle Coin |
Short Name | HBO |
Max Supply | 1,000,000,000 |
Explorer | Click Here To View |
Chat | Visit Chat |
Website | Click Here To Visit |
How to Buy the Hboracle Coin & Trade On Exchange?
HashBridge Oracle mechanism
- Mechanism of selecting organization nodes
- Institutional node pledge mechanism
- Mechanism of institutional node quotation
- Reward and punishment mechanism
Methodology
Hboracle.org codebase was studied in detail in order to acquire a clear impression of how the its specifications were implemented. The codebase was then subject to deep analysis and scrutiny, resulting in a series of observations. The problems and their potential solutions are discussed in this document and, whenever possible, they identify common sources for such problems and comment on them as well.
Fairyproof is a leading technology firm in the blockchain industry, providing consulting and security audits for organizations. Fairyproof has developed industry security standards for designing and deploying smart contract systems.
Security
High severity – issues will probably bring problems and should be fixed.
Medium severity – issues could potentially bring problems and should eventually be fixed.
Low severity – issues are minor details and warnings that can remain unfixed but would be better fixed at some point in the future.
HashBridge Advantage analysis
Decentralization:
In the early stage, well-known institutions in the industry are invited to serve as quotation nodes, and in the later stage, institutional nodes are collected for the whole network, so as to ensure the decentralization of nodes to the greatest extent and avoid the centralization risks such as node series attack and price control by giant whale.
High security:
Hboracle.org data submitted by nodes are all submitted on the chain, which is transparent, verifiable and traceable in the whole process.
In addition, through the setting of node pledge and compensation mechanism, further improve the cost of node crime. This will ensure the equal rights, responsibilities and interests of nodes to meet the security demands of data demanders.
High response speed:
Hashbridge chooses to give priority to data reporting and aggregation in heco. Because the TPS of heco is much higher than that of Ethereum, and the gas cost is low, it can achieve second level high-frequency quotation, which greatly improves the timeliness of the price, and the active price feeding method makes the data demander only need one interaction to obtain the data, which greatly improves the response speed.
Fair participation and token distribution mechanism:
Hboracle.org community invites and re elects institutions regularly to participate in the quotation. At the same time, five community mines are set up to ensure that any user and investor can participate in the quotation immediately. The token distribution is fair and just.