Hello and welcome to this blog post about DOS Network DOS White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the DOS Network DOS white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the DOS Network DOS.
I can ensue you that, you will be able to understand every bits and pieces related to DOS Network DOS after going through the DOS Network DOS white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
DOS Network DOS White Paper
DOS Network DOS white paper will be going to provide you, all the information that is needed to get started with DOS Network DOS, including the inspiration for creating, the problem it is trying to solve and the solution proposed by DOS Network DOS.
DOS Network is a chain-agnostic layer 2 decentralized oracle network that offers realtime data feeds and verifiable computation power to mainstream blockchains. It connects on-chain smart contracts and Ðapps with off-chain data sources and unlimited computation power, enabling smart contracts with more real world use cases.
Besides the widely-discussed scalability problem, currently there are another two big issues hindering the widespread adoption of smart contracts and large-scale commercial Ðapps:
- Blockchain is a closed and deterministic system and the execution of a given smart contract in all validating nodes must reach a unanimous result, otherwise consensus is broken. This is an inherent limitation of blockchain consensus mechanism. Thus, smart contracts are not allowed to perform network I/O operations with off-chain world, they can only consume input from on-chain states and transaction data.
- There are a lot of on-chain resource limitations such as the expensive storage cost and computation constraint (gas limit, cpu time limit, etc.), preventing complex computing in smart contracts.
The mission and value of DOS Network is to solve these two problems to enrich smart contracts and decentralized economy with real world data and more computing power, paving the way for the mass adoption of blockchain.
White Paper Link: DOS Network DOS White Paper
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