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API3
$0.7250
1.06%
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| API3 | ERC20 | ETH | 0x0b38210ea11411557c13457D4dA7dC6ea731B88a | 2020-11-06 |
About API3
API3 (API3) is a decentralized protocol bridging traditional web APIs with blockchain. It is designed to provide secure access to external data for smart contracts, ensuring reliability and integrity. Created by blockchain experts, API3 enables trustless interactions with real-world information in decentralized applications (dApps). It also incorporates governance features, allowing token holders to participate in decision-making and stake tokens for rewards. API3 revolutionizes Oracle services, enhancing the accuracy and verifiability of data used within the blockchain ecosystem.
API3 (API3) is a decentralized protocol that aims to bridge the gap between traditional web APIs and blockchain technology. It provides a secure and decentralized infrastructure for connecting blockchain-based smart contracts with real-world data and services. API3 enables trustless and tamper-proof access to external APIs, ensuring the reliability and integrity of data used in decentralized applications (dApps).
API3 (API3) was created by a team of experienced blockchain developers and industry professionals. The project was initiated by a group of individuals who recognized the need for robust and decentralized oracle solutions to bridge the gap between blockchain and traditional web APIs. Their goal was to establish a trustless and reliable infrastructure for accessing external data within the blockchain ecosystem.
API3 (API3) is primarily used for providing secure and decentralized oracle services. Oracles are critical for smart contracts to interact with real-world data and services. By utilizing API3, developers can access trusted and verified data from various external sources, such as financial market data, weather information, sports scores, and more. This data can be utilized in decentralized applications to enable automated actions, trigger events, and provide accurate information.