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DX Network info
Questions about the DX Network and the DX Token
What are DX Tokens used for?
| DX Tokens are the medium of exchange on the DX Network, participants use them to buy and sell data from each other. The DX Network relies heavily on microtransactions. Specifically, when a buyer requests data about a certain entity, data is aggregated from sellers over the DX Network subject to preferences set by the buyer. Although this is transparent from the buyer's perspective, the (typically sub-dollar) amount paid to purchase data is generally subdivided among multiple sellers who supp
What is the DX Token?
| A fixed supply cryptocurrency issued on the Ethereum blockchain. The DX Token is a fixed supply ERC223 token (backward compatible with the ERC20 standard) issued on the Ethereum blockchain. It is the DX Network's native cryptocurrency used by nodes to buy and sell data from each other.