What is the blockchain ocoin (what does blockchain coin mean)?

What is the blockchain ocoin? According to official sources, the blockchain oco

What is the blockchain ocoin (what does blockchain coin mean)?

What is the blockchain ocoin? According to official sources, the blockchain ocoin is a cross-chain protocol based on Cosmos. OCoin is a decentralized public platform that stores transaction data in the Cosmos ecosystem through smart contracts and realizes the digitization of on-chain assets. At the same time, it uses blockchain technology to provide users with secure, stable, and convenient services. The blockchain ocoin is also known as digital currency. The total issuance of blockchain ocoin is 10 trillion coins, and currently 1 billion coins are in circulation.

What does blockchain coin mean?

According to Bitcoin.com, at the beginning of Bitcoin, blockchain technology was defined as a decentralized and tamper-proof ledger database. And this digital asset is called “Coin” (cryptocurrency). Simply put, it refers to a virtual asset or a new unit of account created by certain participants in a computer network; through this novel method, a specific application or application can communicate with another user account. When a person can retrieve data from a system, they can use this data to verify its authenticity.”

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