Cyptobit Network (CBI)

Cyptobit Network (CBI) is a revolutionary coin that serves as the data infrastructure for the decentralized finance (DeFi) and Web 3.0 ecosystems. It offers a cross-chain platform that powers the data economy on the blockchain. With its advanced decentralized data-feeding protocol, Cyptobit Network provides multiple real-time data sources that are reliable and valid for both on-chain and off-chain applications.

One of the key features of Cyptobit Network is its powerful Cyptobit Data Analytics, which includes a query engine and RESTful API for third-party applications and external analytics tools. The Cyptobit Data Oracle, on the other hand, is an advanced decentralized data-feeding protocol that offers multiple real-time data sources that complement and synergize with off-chain workers. Additionally, the Cyptobit Data Marketplace is an open platform for data exchange and pricing, allowing efficient and secure cross-blockchain dApps for off-chain and on-chain data.

The native token of Cyptobit Network, $CBI, is crucial in governing and securing the decentralized data network. Token holders can participate in on-chain governance by voting for protocol upgrades and parameter changes. Moreover, $CBI is required for miners to stake to fulfill data requests, and it is also used as a transaction and query fee and for accessing data behind paywalls.