Introduction
According to reports, Japanese media giant MIXI has announced its accession to the Oasys blockchain, along with Softbank Group, KDDI, and gaming company Nexon,
According to reports, Japanese media giant MIXI has announced its accession to the Oasys blockchain, along with Softbank Group, KDDI, and gaming company Nexon, to become the validators of the blockchain. As of now, the total number of Oasys verification nodes has reached 25. MIXI owns entertainment and sports products, including MIXI social networks, as well as the NFT market DAZN MOMENTS, which focuses on the sports sector. (newsfile)
Japanese media giant MIXI becomes Oasys blockchain validator
Japanese media giant MIXI has recently made headlines in the crypto sphere with its announcement of joining the Oasys blockchain as a validator. This move follows Softbank Group, KDDI, and gaming company Nexon, making MIXI the fourth company to become a part of this network. Furthermore, MIXI has a diverse portfolio that includes entertainment and sports products, such as MIXI social networks and the NFT market DAZN MOMENTS, which focuses on the sports sector. This article will explore the implications of MIXI’s entrance into the Oasys blockchain.
# What is Oasys Blockchain?
Oasys Blockchain is a next-generation blockchain that uses a unique consensus algorithm called Proof of Assignment (PoA) instead of Proof of Work (PoW) or Proof of Stake (PoS). With PoA, a group of validators is each assigned a block and is responsible for validating it. This consensus algorithm eliminates the competition between validators seen in other networks and is more energy-efficient.
# MIXI Joins Oasys Blockchain
The announcement of MIXI’s entry into the Oasys blockchain has brought attention to the network, which already had established companies such as Softbank Group, KDDI, and Nexon on board. MIXI’s participation will bring more validation nodes to the network, making it more secure and decentralized.
MIXI’s diverse portfolio of entertainment and sports products makes their addition to the Oasys blockchain significant. The NFT market DAZN MOMENTS, which they own, can benefit significantly from the blockchain technology. NFTs are digital assets that can represent ownership of an item in real life or in the virtual world. The blockchain technology makes the ownership transfer of these assets more secure and transparent.
# Advantages of MIXI’s Entry to Oasys Blockchain
MIXI’s entrance into the Oasys blockchain is significant for the network. With more validation nodes, the network’s security and decentralization increase. Moreover, MIXI will leverage the Oasys blockchain for its NFT market, DAZN MOMENTS, which can benefit from the security and transparency features that the blockchain provides.
Furthermore, MIXI entering the blockchain network indicates the potential for mainstream adoption of blockchain technology, as more and more established companies are recognizing the benefits of the technology.
# Conclusion
In conclusion, the announcement of MIXI, a Japanese media giant, joining the Oasys blockchain is significant for the network and the crypto sphere. With more validation nodes, the network’s security increases, and the entrance of an established company such as MIXI indicates the potential for mainstream adoption of blockchain technology.
# FAQs
1. What is MIXI, and what is their portfolio?
MIXI is a Japanese media giant with a diverse portfolio of entertainment and sports products, including MIXI social networks and the NFT market DAZN MOMENTS.
2. What is the Oasys blockchain, and how is it different from other blockchains?
The Oasys blockchain is a next-generation blockchain that uses a unique consensus algorithm called Proof of Assignment (PoA) instead of Proof of Work (PoW) or Proof of Stake (PoS). With PoA, a group of validators is each assigned a block and is responsible for validating it.
3. What is the significance of MIXI joining the Oasys blockchain?
MIXI’s entrance into the Oasys blockchain brings more validation nodes to the network, increasing its security and decentralization. Furthermore, their ownership of DAZN MOMENTS, an NFT market, can leverage the blockchain’s security and transparency features.
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