```html
DOS Network is a multi-chain decentralized oracle service network, providing Layer-2 solutions for blockchain data acquisition and complex computing issues. It aims to deliver real-world reliable data inputs and verifiable computational power to multiple chains through a decentralized oracle service network. The DOS token is a utility token based on the Ethereum ERC20 standard, used to incentivize all participants in the system and ensure the growth and development of the ecosystem.
Problems Addressed by the Project
Aside from the widely discussed issue of public chain performance, there are two major problems hindering the implementation of smart contracts and large-scale commercial decentralized applications:
A blockchain is a closed deterministic system, meaning that executing the same smart contract code must result in unanimous outcomes across all verification nodes; otherwise, consensus is disrupted. This is an inherent limitation of blockchain consensus mechanisms. Therefore, smart contracts are prohibited from engaging in external network I/O communications, with their inputs restricted to on-chain states and transaction data.
The resources allocated on-chain to smart contracts are very limited, such as expensive on-chain storage and restrictions on execution (like Ethereums block gas limit or EOSs CPU time limit). These constraints impede the development of complex smart contract applications.
The mission and value of the DOS Network lie in addressing these aforementioned issues. As an infrastructure, it provides real-world data and additional off-chain computational capabilities to smart contracts and decentralized applications, paving the way for the practical application and large-scale use of blockchain technology.
Technological Innovations
Network Decentralization
Avoids single-point-of-failure issues and eliminates reliance on independent third-party entities.
Extreme Security
Verifiable random number engines and cryptographic signature technologies ensure the reliability of service network results.
Real-time Verifiable Results
Data results are instantly obtained, with cryptographic verification possible on-chain to ensure data accuracy.
High Scalability at Low Cost
Reliable data acquisition or complex computations are performed by multiple nodes off-chain, achieving high performance while reducing on-chain overhead.
Perfect Multi-chain Compatibility
Lightweight on-chain interfaces with cryptographic consensus achieved off-chain, enabling service to all mainstream public chains.
Positive Incentive Mechanism
Honest nodes in the service network that complete data acquisition or computational tasks receive reward incentives.
Application Scenarios
Decentralized Insurance Auto-Payout
Timely and reliable off-chain event acquisition via DOS Network enables decentralized insurance to offer automatic payouts for insurance types like flight delay insurance.
Stablecoins and Crypto Derivatives
Stablecoins and crypto derivatives require frequent acquisition of real-time off-chain price data, which DOS Network can provide promptly and efficiently across various scenarios.
Crypto Asset Lending Platforms
DOS Network offers real-time, reliable cryptocurrency prices and borrower social media information, providing strong support for dynamically determining lending interest rates.
Multi-chain Decentralized Exchange
A lightweight DOS Network interface deployable on multiple chains makes cross-chain atomic transactions possible for decentralized exchanges.
Decentralized Casinos and Games
Decentralized casinos and games on-chain often require secure and reliable randomness injection, which DOS Networks random number engine delivers with unpredictable, verifiable random number generation.
Blockchain Computation Market
Commercial computations such as machine learning model training and 3D rendering necessitate handling complex tasks. An off-chain computation market provides verifiable, limitless off-chain computational power.
*This content has been officially compiled by Feixiaohao. If you wish to reproduce this, please credit the source.
```