AscendEX Lists WINkLink, WIN
PRESS RELEASE. AscendEX is excited to announce the listing of the WINkLink token (WIN)! Trading will begin under the trading pair (WIN/USDT) starting on April 6th at 1 p.m. UTC.
WINkLink is a decentralized oracle network designed to link the on-chain and off-chain execution of smart contracts. WINkLink is currently deployed on the TRON network and plans to integrate with other blockchain networks in the future. Decentralized smart contracts eliminate the need for trust among participants, and WINkLink ensures the security of smart contract execution, including obtaining data from off-chain sources. By providing these features for the smart contract ecosystem, WINkLink strives to integrate smart contracts into real-world events, thus accelerating the transition from traditional digital contracts to a more widespread adoption of smart contracts.
Due to their inability to directly interact with external data sources, blockchain-powered smart contracts have been limited in their application until recently. Oracles provide the ability to connect smart contracts with off-chain data sources. The majority of existing oracles are centralized, generating risks involving a single point of failure, compromising the security offered by decentralization. In order to provide smart contracts with external data in a secure fashion, WINkLink developed a decentralized oracle project. The WINkLink oracle connects smart contracts with various real-life events and data points while supporting a high level of security and reliability. With the rapid rise in popularity of DeFi applications, a stable and reliable decentralized oracle service is key to their success.
In order to apply smart contracts to a broader range of use cases, the input and output data must be accurate. For example, securities-based smart contracts, including bonds, interest rate derivatives, and many others, require API access to report off-chain data such as market prices from various exchanges. WinkLink can output blockchain-based data securely to off-chain systems while ensuring the tamper-proof capabilities of smart contracts.
WIN, the native token of WINkLink, is a TRC-20 token designed for use on the Tron Network. WINkLink will power WIN tokens in many ways, including using WIN tokens to pay WINkLink Node operators to retrieve data from off-chain data feeds, formatting data into blockchain readable formats, off-chain computation, and uptime guarantees they provide as operators.
About AscendEX
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.
AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.
To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.
For more information and updates, please visit:
Website: https://ascendex.com
Twitter: https://twitter.com/_AscendEX
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex
About WINkLink
WINkLink is a decentralized oracle network that aims to link the on-chain and off-chain execution of smart contracts. WINkLink is currently deployed on the TRON network and plans to integrate other blockchain networks in the future. Decentralized smart contracts by nature eliminate the need for trust among participants, and WINkLink ensures the security of smart contract execution, including obtaining data from off-chain sources.
For more information and updates, please visit:
Website: https://winklink.org/#/home
Twitter: https://twitter.com/WinkLink_Oracle
Telegram: https://t.me/WINkLink_Oracle_official
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Image Credits: Shutterstock, Pixabay, Wiki Commons
