What is Ozone Chain (OZO)? Blockchain Security Door

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Bittime - Amid concerns about the threat of quantum computing, Ozone Chain (OZO) emerged as the world's first quantum-resistant blockchain solution. The platform delivers high levels of security, scalability, and low transaction costs, opening up new opportunities for developers and users.

What is Ozone Chain (OZO)?

Ozone Chain is a decentralized blockchain platform designed to address various challenges facing traditional blockchains, including:

• Security: Ozone Chain uses a quantum-resistant Proof-of-Stake ( PoS ) consensus algorithm, as well as advanced Lattice cryptography technology to ensure data and transaction security.
• Scalability: The platform is capable of processing up to 10,000 transactions per second, making it ideal for decentralized applications ( dApps) that require high scalability.
• Transaction Fees: Ozone Chain offers low and competitive transaction fees, allowing users to interact with the platform more economically.

Ozone Chain (OZO) Main Products & Features:

1. Post-Quantum Cryptography (PQC):

• The OZO network utilizes Lattice-based PQC to secure data and communications, even to face future threats from quantum computers.

2. Quantum Random Number (QRN):

• OZO uses quantum-based true random numbers (QRN) to increase the security of cryptographic functions, making the blockchain more resistant to attacks.

Also read: Difference Between Initial Farm Offerings (IFO) and Initial Fork Offerings (IFO): Complete Guide

What is OZO?

OZO is a native token of the Ozone Chain which has various uses, such as:

• Paying transaction fees: OZO is used to pay transaction fees on the Ozone Chain.
• Staking: OZO can be staked to earn rewards and help secure the network.
• Governance: OZO holders can participate in platform governance and cast their votes on important proposals.

OZO Token Tokenomics:

• Max Supply: 1,000,000,000 OZO
• Circulating Supply: 303,375,000 OZO
• Total Supply: 1,000,000,000 OZO
• Market Cap: IDR 1,062,411,362,495 (as of February 2024)

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Ozone Chain (OZO) Fundamental Analysis:

• Technology: Ozone Chain uses cutting-edge technologies such as Lattice cryptography and quantum-resistant PoS consensus, which makes it safer and more scalable than traditional blockchains.
• Team: The Ozone Chain team consists of experienced professionals in the fields of blockchain and financial technology.
• Community: Ozone Chain has a fast-growing community with over 20,000 followers on social media.
• Roadmap: Ozone Chain has a clear roadmap with plans to develop new features and products in the future.

Comparison of Ozone Chain (OZO) & Competitors:

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Founder & Team of Ozone Chain (OZO):

• CEO: Hamidh Hasan
• COO: Arvind
• CTO: Karthik
• CMO: Dash
• Ozone Team: The Ozone Chain team consists of experienced professionals in the field of blockchain and technology.

Conclusion

Ozone Chain (OZO) is a promising blockchain platform with cutting-edge technology and a solid team. The platform offers high-level security solutions, scalability, and low transaction fees, making it an attractive choice for developers and users looking for a secure and decentralized blockchain solution.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.