What is Plug Chain

Article Summary, Automatically Generated By AI

Summary of Plug Chain

  • Launched in August 2021 by Chinese developers
  • Extensible intelligent contract platform for NFT development and DEX construction
  • Future development focus: one-click token generation, standard contracts, and Oracle network protocol
  • Oracle protocol expected to host large amounts of data in 2023
  • Goal: seamless integration of blockchain data with real-world information for efficient decentralized application development
  • Numbers and figures:

    • 2021: Launch year
    • 2023: Expected year for Oracle protocol to host large amounts of data

About Plug Chain: Empowering the Future of Blockchain Interoperability

The Plug Chain network, inaugurated by Chinese developers in August 2021, is a versatile and intelligent contract platform that facilitates the development of non-fungible tokens (NFTs) on its primary network, while also enabling the construction of decentralized exchanges (DEXs) on its secondary network.

It is envisioned that the team will achieve seamless one-click token generation, accompanied by the creation of standardized contracts, all at the mere click of a button. Future development endeavors will concentrate on refining the Oracle network protocol.

The Oracle protocol is poised to accommodate vast amounts of data in 2023, thereby facilitating the seamless integration of blockchain data with real-world information, and enabling developers to build decentralized applications on the Plug chain with enhanced efficiency and reduced effort.

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