Octopus Network is a crypto network designed for launching and operating application-specific blockchains, known as appchains. By significantly reducing the capital required to establish an appchain—from several million dollars to under one hundred thousand dollars—Octopus Network aims to foster innovation in the Web3.0 space. The platform allows developers to customize and optimize various blockchain parameters, including consensus protocols and execution environments, thereby enabling users to choose which appchains to stake on. This creates a free market where appchains can lease necessary security at market prices, enhancing flexibility and scalability for developers and users alike.
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