Umbrella Network (UMB) is a community-owned decentralized oracle for DeFi applications. DeFi is the term used for peer-to-peer financial services on a public blockchain. The platform aims at securely bringing all the available data across the globe on-chain. Using the Umbrella platform, traders and developers can access the revolutionary financial unavailable data in the crypto space. 

The platform seeks to provide data solutions to exhibit high volume scalability and helps to provide diversified data. Umbrella network nodes are built on Layer 2 Merkle Trees to improve scalability and maintain data security. Merkle trees are a nonlinear binary hash tree-like data structure that helps verify data information without accessing the whole data set. In addition, Merkle Trees technology allows the Umbrella platform to aggregate thousands of transactions.

UMB is the native token for Umbrella Network. The UMB token is deployed on Ethereum and Binance Smart Chain (BSC) mainnet. Ethereum is a platform that can run a variety of applications. BSC is a decentralized blockchain network that enables the creation of and staking mechanisms. Mainnet is an independent blockchain running on its technology and protocol. UMB is compatible with ERC-20. ERC-20 defines how the tokens are transferred between the traders and how traders can access data.

According to the UMB litepaper, Umbrella Network aims to provide multiple beneficial activities to select validators’ nodes, governance activities, and decisions about ways of network operations. Besides this, the token delegated a proof-of-stake mechanism that helps the holders to achieve user fees. Moreover, the platform seeks to provide proper security to decentralize financial applications in lower-cost amounts. 

The litepaper of Umbrella Network was published on January 27, 2021. A team of twenty-two members launched Umbrella Network. Sam Kim, the senior adviser; John Chen, the president; and Migull Morales, the technical adviser, led the team.

Wir aktualisieren unsere Umbrella Network in der Währung EUR in Echtzeit. Sehen Sie sich den Live-Kurs von Umbrella Network auf Coinbase an.

Die aktuelle Marktkapitalisierung von Umbrella Network beträgt 15.131,861 €. Eine hohe Marktkapitalisierung bedeutet, dass der Markt ein Asset hoch bewertet.

Das Umbrella Network-Allzeithoch beträgt 2,19 €. Dieses Allzeithoch stellt den höchsten Preis dar, der seit dem Lauch von Umbrella Network jemals gezahlt wurde.

In den letzten 24 Stunden betrug das Handelsvolumen von Umbrella Network 9,929 €.

Zu den Kryptos mit einer vergleichbaren Marktkapitalisierung wie Umbrella Network zählen CATAMOTO, FireStarter, Corite und viele andere. Eine vollständige Liste finden Sie bei den Kryptos mit vergleichbarer Marktkapitalisierung.

Das derzeit zirkulierende Angebot an Umbrella Network beträgt 293 Millionen.