Why PlugChain is the most potential public chain in 2022: focus on aggregated cross-chain oracle protocol!

PlugChain
3 min readNov 29, 2022

In recent years, the rapid development of digital information technology and the continuous expansion of the global digital economy have promoted the digital transformation of the financial market and brought safe and convenient financial services to the world. The public chain has become an irreplaceable infrastructure in the encryption industry.

With the wave of new models and product innovations such as DeFi, NFT, Metaverse, and Gamefi, traditional centralized trading platforms have been challenged. Global users have put forward new demands for financial production relations. The concept of “value decentralization” is deeply rooted in the hearts of the people. PlugChain is committed to building the world’s leading aggregated cross-chain oracle public chain, opening up a new path for the public chain through public chain technology and ecological co-construction system.

01. Focus on technology, focus on aggregated cross-chain oracle protocol

PlugChain’s aggregated cross-chain oracle protocol provides safe and reliable data. The decentralized oracle network is the core function of PlugChain. With its innovative cross-chain interaction design, PlugChain can efficiently solve the information interaction between blockchain networks. It can also provide modular The underlying components can support a global business-level application network.

In addition, the cross-chain architecture of PlugChain enables it to support the cross-chain Swap function. It can also implement the API interface of different public chain platforms, realize millisecond-level quotations, and make up for the gap in the market for instant cross-chains without relying on external oracles.

PlugChain’s aggregated oracle protocol has the ability to serve 100+ mainstream public chains around the world. Through the PlugChain cross-chain protocol, smart contracts, big data, and AI technology, data input and output, and data governance processes are realized, and through ONP (Oracle Network Protocol) Pass it to 100+ mainstream public chains around the world, and build a bridge between the Web2.0 world and the Web3.0 world, so as to accelerate the historic development of Web3.0 on the basis of solving the raw material problem of Web3.0.

02. The cornerstone of Star Rise Plan ecological co-construction

Since its establishment, the PlugChain ecology has been developed. From the improvement of the Pando wallet, the update and upgrade of GxSwap, to the development of the NFT platform and the layout of the PUSD stable currency, it is the official enrichment of the platform ecology!

In order to encourage more high-quality ecological projects to be included in PlugChain’s global ecological construction, developers and participants build DApps and other infrastructure on the fast, secure, and license-free PlugChain network, thereby promoting Web3.0 ecological applications. PlugChain launched an ecological support plan in November — the Shining Star Project. The support is rare in the industry, and the funding dimension is very comprehensive, mainly in four levels: financial support, strategic support, advertising support, and traffic support!

The specific support details are shown in the figure below:

In order to attract more high-quality projects, according to the ecological content recommended by the community ambassadors, the PlugLabs team evaluates the level to provide referral rewards: recommend S+ level ecology, reward 30,000 PCs; recommend S level ecology, reward 20,000 PCs; recommend A level ecology Ecology, reward 10,000 PCs.

Conclusion: Whether the public chain can become the focus of the encryption industry depends not only on technological innovation, but also on ecological development, security and other factors. With the emergence of more and more applications and the addition of new users, the public chain still has huge room for development. PlugChain and other public chains with great potential may develop rapidly in the future.

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PlugChain

PlugChain takes the aggregated cross-chain oracle protocol as the core, integrates the advantages of high performance, high expansion, low gas!