Description
Octopus Network is an innovative multichain interoperable network designed for the development and operation of Web3.0 appchains, leveraging the NEAR Protocol for enhanced flexibility and cost-effectiveness. It enables developers to easily launch and manage application-specific blockchains, offering a suite of open, permissionless technologies to ensure robust security through both economic and technical means. With key benefits such as significantly reduced operational costs, fast and affordable appchain launch capabilities, and advanced security features, Octopus Network positions itself as a crucial infrastructure provider for decentralized applications (dApps), enhancing their efficiency and scalability. The network substantially lowers the entry barrier for Web3.0 applications, cutting down the initial costs from millions to less than a hundred thousand dollars and introducing features like leased security, inherent interoperability, and perpetual forkability. By supporting generalized mining-centric token economics and embracing a governance model led by protocol participants, Octopus Network fosters a Web3.0 ecosystem characterized by fair launch practices, regulatory co...
Octopus Network is an innovative multichain interoperable network designed for the development and operation of Web3.0 appchains, leveraging the NEAR Protocol for enhanced flexibility and cost-effectiveness. It enables developers to easily launch and manage application-specific blockchains, offering a suite of open, permissionless technologies to ensure robust security through both economic and technical means. With key benefits such as significantly reduced operational costs, fast and affordable appchain launch capabilities, and advanced security features, Octopus Network positions itself as a crucial infrastructure provider for decentralized applications (dApps), enhancing their efficiency and scalability. The network substantially lowers the entry barrier for Web3.0 applications, cutting down the initial costs from millions to less than a hundred thousand dollars and introducing features like leased security, inherent interoperability, and perpetual forkability. By supporting generalized mining-centric token economics and embracing a governance model led by protocol participants, Octopus Network fosters a Web3.0 ecosystem characterized by fair launch practices, regulatory co...
