Razor Network is a decentralized oracle network designed to provide secure and reliable price and data feeds for the DeFi (Decentralized Finance) ecosystem. Oracles play a crucial role in connecting smart contracts with real-world data, enabling applications to access and react to external data sources.
Razor Network aims to solve the problems faced by existing oracle solutions, such as high costs, centralization, and vulnerability to manipulation or data inaccuracies. It utilizes a decentralized network of staking nodes to provide accurate, real-time, and tamper-proof data feeds. These staking nodes validate and report data through a network consensus mechanism, ensuring data integrity and resistance against data manipulation.
The native cryptocurrency of the Razor Network is called RAZOR. It serves multiple purposes within the ecosystem, including staking, participating in network governance, and as a medium of exchange for network services. Users can stake their RAZOR tokens to become validators in the network and earn rewards for providing reliable data feeds.
For those who want to download the Razor-Network logo, we have
compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin,
Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you
want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including
the Razor-Network logo.