What is The Open Source Network – A Decentralized Web 3 Platform For Developers and Businesses (OPN)

The Open Source Network aims to redefine a decentralized ecosystem and usher in a better digital future. It also hopes to be a platform that empowers users, developers, and businesses through the power of decentralization.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (OPN/USDT – Trade it here) on the Innovation Zone! Check it out now!

What is The Open Source Network - A Decentralized Web 3 Platform For Developers and Businesses (OPN)
What is The Open Source Network – A Decentralized Web 3 Platform For Developers and Businesses (OPN)

What is The Open Source Network Trying to Fix?

The blockchain industry has experienced significant expansion in recent years. Nevertheless, it still grapples with several challenges. One of the most notable concerns is scalability. Current blockchain systems encounter difficulties managing an increasing volume of transactions. This ultimately results in congestion and elevated fees.

Furthermore, there are interoperability gaps. Fragmentation among various blockchain networks hinders their seamless integration and collaboration. Meanwhile, there is very limited access for developers. The creation of decentralized applications frequently demands a high level of technical expertise, posing a barrier to many developers.

As such, the current blockchain industry is very hard for businesses to enter and growth becomes difficult. Therefore, The Open Source Network is hoping to revolutionize these issues.

What Can The Open Source Network do?

Open Source Network tackles some of the most pressing challenges in the blockchain industry with innovative solutions. It prioritizes scalability by implementing a novel “Distributed Ledger Sharding” consensus mechanism. This ensures smoother handling of a growing number of transactions.

Furthermore, it stands out in the realm of interoperability, thanks to its unique Universal Bridge Protocol. It enables seamless communication between diverse blockchain networks. What sets Open Source Network apart is its dedication to being developer-friendly, offering a welcoming development environment and robust support for developers.

In terms of technology and architecture, Open Source Network boasts a customized blockchain with a proof-of-stake (PoS) consensus algorithm. It is a unique blend of PoS and Byzantine Fault Tolerance (BFT) for consensus and a revolutionary Universal Bridge Protocol. This empowers smart contracts to transact across Open Source Network and other compatible networks.

Meanwhile, its deployment of Distributed Ledger Sharding enhances scalability by dividing the network into smaller, autonomous shards. This strategic approach ensures the efficient processing of transactions, making the Open Source Network a noteworthy player in the blockchain space.

Where to buy OPN Token

You can find OPN Token here at MEXC! We are listing OPN/USDT in our Innovation Zone!

What is the Price of OPN Tokens?

The OPN Token is currently trading at MEXC with a live price of $0.02001. You can check the live price of their token right here!

How to buy OPN Tokens on MEXC

You can buy OPN Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “OPN” using the search bar to see the available trading pairs. Take OPN/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of OPN you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy OPN] to confirm your order. You will find the purchased OPN in your Spot Wallet.

You can find a detailed guide on how to buy OPN Tokens here.

Get Free Airdrops with MEXC Launchpad!

Did you know MEXC gives out 20+ free airdrops weekly? Launchpad and Kickstarter events ensure that all our loyal MX token HODLers receive a ton of new tokens! Learn all about it at our MX Zone now!

Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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Wilbur Kwok

Wilbur strives in two ecosystems – Sports and Blockchain. Hit him up now to talk about all things crypto related!

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Wilbur Kwok
Wilbur strives in two ecosystems – Sports and Blockchain. Hit him up now to talk about all things crypto related!