DotOracleDTO
$0.0366
DTO Price Prediction and Price Movement
DTO has been down 33.66 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that DTO's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if DTO is backed by a solid development team and whether DTO's technology has any potential to grow.
Please note that this analysis is purely base on DTO's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
DotOracle Price Chart
About DotOracle
DotOracle proposes a decentralized network that allows to connect the real world to the Polkadot ecosystem by providing a decentralized oracle service to transfer information from the real world to Polkadot in real time. Moreover, DotOracle also aims to create a liquidity network layer that transfers digital assets back-and-forth between Polkadot and other smart contract platforms, especially Ethereum.
Decentralized oracle network DotOracle network is a chain-less decentralized network. To achieve fast confirmation of the network, we propose to use the following techniques.
- Fast, Secure, decentralized network
- Practical Byzantine Fault Tolerance (PBFT) distributed consensus protocol
- Optimization with the Elliptic Curve (EC) Multisignature scheme
- Transperancy, MoonBeam Polkadot integration