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Band Protocol
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Band Protocol's flexible oracle design allows developers to use any data including real-world events, sports, weather, random numbers and more. Developers can create custom-made oracles using WebAssembly to connect smart contracts with traditional web APIs within minutes. Create Custom Oracle Script.
Band Protocol was founded in 2017 by Soravis Srinawakoon, Paul Chonpimai and Sorawit Suriyakarn. Soravis Srinawakoon, the current CEO of Band Protocol, is a former software engineer at Ericsson and management consultant at The Boston Consulting Group. Paul Chonpimai, on the other hand, is Band Protocol's CPO, and a former web developer at ...
Band Protocol is one of a handful of blockchain oracle platforms that address this problem. Oracles serve as bridges that allow blockchain-based smart contracts to access reliable, validated digital data from outside the blockchain. Band Protocol runs its own blockchain, a Cosmos-compliant public blockchain known as BandChain.
The BandChain (the current Band Protocol blockchain) is a much simpler delegated proof of stake (DPos) mechanism for sourcing reliable data. It is essentially a network of validators and delegators which ensure consistent and accurate external data. An illustration of the Band Protocol oracle. Image via CoinMarketCap.
Band Protocol price today is $8.27 with a 24-hour trading volume of $105,103,877. BAND price is up 6.9% in the last 24 hours. It has a circulating supply of 42 Million BAND coins and a total supply of 100 Million. If you are looking to buy or sell Band Protocol, Gate.io is currently the most active exchange.
The Band Standard Dataset give developers access to more than 175+ cryptocurrencies, commodities, and foreign exchange rates price feeds, all secured by Band's decentralized oracle.
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Band Protocol price indicates an explosive leg up due to the breach of a bull-flag pattern. Achieving a 40% target from the breakout point would put BAND at a new all-time high of $25.
Band protocol the new competitor of Chainlink, which is based on decentralized oracle using delegated proof of stake i.e. dPoS to bring data integrity, as Band coin continuously making headline since last week after putting awesome performance in April 2020, as on 1 st April it was trading at $0.28 USD and now after almost 1 month with crossing $1 USD mark, it is trading at price $1.29 USD ...
Band Protocol is a Secure, Scalable & Blockchain-agnostic Decentralized Oracle Platform that aggregates and connects real-world data and APIs to smart contracts in Web 3.0. 6.1k.
Band Protocol is a software designed to incentivize a network of users to provide real-world data to decentralized applications (dapps) running on blockchains.. For example, if a dapp developer wants to enable his or her users to enter wagers on the future price of gold, it would need to be able to determine its price at the desired later date.
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