Over Protocol Price (OVER)

Over Protocol (OVER) Price Now

Over Protocol price today is $0.0979 with a 24-hour trading volume of $1,078,108. OVER price is up 0.36% in the last 24 hours. .
In order to search for real-time and historical information about Over Protocol (OVER) blockchain, including data related to blocks, transactions, addresses, and more, you may use Over Protocol (OVER) block explorers. Here are some of the most popular and useful Over Protocol (OVER) blockchain explorers out there:

• scan.over.network

What Is Over Protocol(OVER)?

• A blockchain network committed to fostering a truly decentralized ecosystem, allowing anyone to serve as a validator.
• Leveraging ‘Ethanos', an innovative node optimization technology, it empowers individuals to operate full nodes from their home desktops.
• Driven by the vision of decentralization, OverProtocol aspires to place the power of a new internet right in your hands.

OverWallet

• Mobile crypto wallet application, serving as a gateway to OverProtocol.
• Before the Mainnet launch, the wallet educates users about OverProtocol and blockchain technology, offering rewards that will be usable on OverProtocol upon its release.
• With over 5 million accounts registered and more than 1 million daily users, OverWallet is at the forefront of building a robust community around OverProtocol.

OverNode

• Node client designed to help users run OverProtocol nodes on their personal computers.
• Featuring an intuitive UX/UI, OverNode allows anyone to seamlessly become a validator for OverProtocol, with no computer science background required.
• Its official release is scheduled for the first half of 2024.

What Are the Features of Over Protocol(OVER)?

• High Resource Requirements. OverProtocol takes on the challenge of high resource requirements in the blockchain space with innovative solutions. Extensive data accumulation and resource-intensive demands have historically led to issues of centralization, excluding everyday users. To counter this, OverProtocol introduces a data hierarchy and leverages Ethanos technology for efficient data partitioning between layers. This approach dramatically reduces the network's resource demands, resulting in a blockchain system with a limited state size—up to 20 times lighter than conventional methods. As a result, OverProtocol becomes far more accessible to users with varying hardware capabilities.
• Restricted Participation. In the traditional landscape, numerous blockchain networks face participation limitations, often favoring a privileged few entities with substantial capital, notably in systems like Delegated Proof of Stake (DPoS). This setup can lead to an undesirable concentration of power and control, posing risks for individuals who delegate their assets to these centralized entities. In contrast, OverProtocol champions a more inclusive consensus mechanism. This means that a larger number of participants can take part in block validation, reducing the concentration of power. By broadening the pool of participants and implementing mechanisms for accountability, OverProtocol promotes a more decentralized and inclusive consensus protocol, mitigating the issues associated with restricted participation.
• Technical Complexity. In many existing systems, the complexity of cryptographic keys, wallet management, and transaction processes can be overwhelming for users. Additionally, unfriendly user interfaces and convoluted procedures discourage mainstream adoption. OverProtocol addresses these issues by prioritizing user-friendliness and accessibility. It simplifies node setup and network interactions, making them more intuitive and less daunting for users of varying expertise levels. By improving user interfaces and streamlining procedures, OverProtocol ensures that blockchain technology is not only technically advanced but also welcoming and inclusive, ultimately fostering wider adoption and making blockchain more accessible to all.

Over Protocol (OVER) Community

• FaceBook: https://www.facebook.com/overprotocol
• Twitter: https://twitter.com/overprotocol
• Discord: https://discord.com/invite/overprotocol
• Medium: https://medium.com/overprotocol
• Telegram: https://t.me/overprotocol