Razor NetworkRAZOR
$0.0107
Market/Exchange
RAZOR Price Prediction and Price Movement
RAZOR is up 66.23 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of RAZOR can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, RAZOR has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on RAZOR'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.
Razor Network Price Chart
About Razor Network
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 Network’s 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 Huilgolkar, an experienced developer, product manager and data scientist. Before founding Razor Network in 2019, Huilgolkar 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 doesn’t 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 protocol’s native utility token that can be used to pay frees, 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.
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How Many Razor Network (RAZOR) Coins Are There in Circulation?
Razor Network (RAZOR) has a circulating supply of 48,107,556 tokens and a maximum supply of 1,000,000,000 tokens as of March 2021.
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.