common-close-0
BYDFi
Trade wherever you are!
1H1D1W1M

Generalize

Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.00325926
Circulation/Max
328.24M/1,000.00M
Dominance
0.00%
ROI --%
$0.00325926$0.92687361
Low · 2023/08/182023/08/18 · High

Information

What is Razor Network?

Razor Network is a decentralized oracle network that connects smart contracts with real-world, off-chain data in a quick, robust and secure way. It was launched in 2019. Razor Networks core component is a set of smart contracts that can run on any Ethereum-compatible blockchain

Answers

What Is Razor Network (RAZOR)?

Razor Network is a decentralized oracle network that connects smart contracts with real-world, off-chain data in a quick, robust, and secure way. It was launched in 2019. Razor Networks core component is a set of smart contracts that can run on any Ethereum-compatible blockchain.

Who Are the Founders of Razor Network?

Razor Network was founded by Hrishikesh, an experienced developer, product manager, and data scientist. Before founding Razor Network in 2019, Hrishikesh worked as a software engineer at ConsenSys and a senior software engineer at Innominds.

What Makes Razor Network Unique?

Razor Network is a decentralized oracle platform that provides data to smart contracts. It doesnt depend on centralized servers to feed the information to its supported blockchains, ensuring efficiency, fault-tolerance, and a high level of security.

Razor Network focuses on economic security, decentralization, protecting stakers from different vectors of attack, and protecting clients from malicious stakers. It also offers ease of use for developers and collusion, censorship, and bribing resistance.

RAZOR is the protocols native utility token that can be used to pay fees, stake, and vote. Staking RAZOR as a user involves the processing of data requests and reporting of information to the network. When staked, RAZOR tokens get locked into a smart contract.

How Is the Razor Network Secured?

Razor Network uses a proof-of-stake (PoS) consensus mechanism to encourage user participation. Loyal stakers are incentivized to keep the platform operational, and malicious stakers are punished for reporting incorrect or inaccurate data.

Where Can You Buy Razor Network (RAZOR)?

Razor Network (RAZOR) can be traded on the following exchanges:

  • Gate.io
  • Uniswap (V2)
  • MXC.COM
  • Bilaxy
  • 1inch Exchange

Read more about how to buy Bitcoin and other cryptocurrencies.