Team Reactive is speaking at DeFAI & Restaking Day from @epicweb3 to kick off Token 2049 today where we'll be discussing:
- Simplifying UX with automated workflows.
- Enabling cross-chain restaking.
- Unlocking new use cases with RSCs.
See you there!
Reactive Network | By PARSIQ
Not long until @token2049 Dubai!
We'll be speaking at @epicweb3's DeFAi & Restaking Day to discuss:
- Restaking Automation.
- Simplifying UX with automated workflows.
- Cross-chain restaking.
- Unlocking utility with RSCs.
📅 April 30th
🎟️ Join us at:
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Reactive Network | By PARSIQ
What is a smart contract?
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Reactive Network | By PARSIQ
Thanks to everyone who joined us at Hall of Impact in Dubai ahead of @token2049 yesterday!
Reactive Ecosystem Lead @emiiway_ gave a great overview on some of the challenges in cross-chain interoperability solutions 🔊
(Apologies for the sound quality!)
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Reactive Network | By PARSIQ
Reactive x SmarTrust
Last week we announced our very first DevFund recipient, @rogues_studio. So now we're happy to already be able to share our next with you, @smartrustx!
What is SmarTrust?
SmarTrust is a decentralized escrow platform, designed to protect freelancers and buyers in digital work agreements which supports cross-chain functionality, allowing users to create and manage escrow contracts across various blockchain networks.
How Will SmarTrust Make Use of Reactive Smart Contracts?
SmarTrust enables users to create customizable, milestone-based escrow contracts that include features like fund locking, milestone payouts, mutual agreement before release, and third-party adjudication in case of disputes.
By using Reactive Smart Contracts (RSCs), SmarTrust is able to automate the assignment of adjudicators, dispute triggers and resolution updates, streamlining the process across chains and removing any reliance upon centralized intermediaries.
Read more 👇
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Reactive Network | By PARSIQ
AI models with direct key access can pose significant risks in Web3. Think of them as unsupervised agents with the power to move assets or trigger contracts.
This @CCNDotComNews article (read in comments), highlights how this setup can lead to catastrophic failures due to bugs, manipulation, or rogue behavior.
So let's consider the problem after introducing Reactive Smart Contracts (RSCs) which operate on an "Inversion of Control" principle. Instead of AI models initiating actions, RSCs autonomously respond to predefined on-chain and off-chain events, ensuring that AI interactions are governed by transparent, rule-based protocols.
This architecture allows for real-time automation without granting AI models unrestricted access to critical functions. For instance, in DeFi applications, RSCs can monitor market conditions and automatically adjust positions or collateral levels, mitigating risks without human intervention.
By decoupling decision-making from execution, Reactive Network ensures that AI models can analyze data and suggest actions, but the actual execution is handled by secure, audited smart contracts. This separation reduces the attack surface and enhances overall system security.
Moreover, Reactive Network's cross-chain capabilities mean that these safeguards aren't limited to a single blockchain. RSCs can operate across multiple platforms, ensuring consistent security standards and automated responses in a diverse Web3 ecosystem.
TLDR: While AI's integration into Web3 offers immense potential, it also introduces new vulnerabilities. Reactive Network provides a robust framework to harness AI's benefits while maintaining strict security and control.
The current price of PARSIQ is ₺2.9562. Over the last 24 hours, PARSIQ has decreased by -0.54%. It currently has a circulating supply of 292,756,872 PRQ and a maximum supply of 310,256,872 PRQ, giving it a fully diluted market cap of ₺865.33M. At present, the PARSIQ coin holds the 272 position in market cap rankings. The PARSIQ/TRY price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Blockchain technology is celebrated for its inherent transparency, which promises to be a remedy for issues such as corruption and theft. However, for this transparency to truly serve its purpose, there's a need for continuous and detailed monitoring. This gap is one that projects like PARSIQ aspires to fill.
What is PARSIQ
PARSIQ serves as a bridge between on-chain and off-chain data, ensuring real-time transfers. Its suite of blockchain analytics tools cater to a range of industries, paving the way for additional application use cases, such as instant notifications. Furthermore, its "Smart Triggers'' feature allows reactions to specific events across numerous networks. The platform also aids users in crafting decentralized finance (DeFi) applications and setting up automated bots.
The PARSIQ team
PARSIQ was co-founded by Tom Tirman, Anatoly Ressin, and Andre Kalinowski. Tirman, serving as the CEO, boasts a rich background in fintech and banking. Ressin, the Chief Blockchain Architect, previously founded software development firm Blockvis and played a role in crafting blockchain solutions for industry giants like Deloitte and Civic. Kalinowski, a master's graduate in digital forensics and cybersecurity, launched a VC fund in 2016 that zeroes in on cybersecurity innovations.
How does PARSIQ work
With PARSIQ, users gain the ability to vigilantly monitor events across multiple blockchains. If an event takes place on a supported chain, PARSIQ can track it in real-time. Developers can harness the platform to extract data by creating custom APIs, using either webhooks or preset integrations with platforms like Telegram, Google Sheets, and Discord. Notably, the platform features "ParsiQL,” its proprietary programming language, allowing developers to create multiple work streams on the platform.
PARSIQ’s native token: PRQ
The PRQ token, PARSIQ's native cryptocurrency, was launched on September 30, 2019. It has a maximum supply of PRQ is 500 million, and a current total supply of 310.25 million PRQ.
PRQ distribution
PARSIQ distributed its tokens in the following way:
50 percent constitutes its circulating supply
37.5 percent for the reserve fund
12.5 percent divided between the development fund and the team and advisor pool
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 127 new posts about PARSIQ, driven by 39 contributors, and total online engagement reached 4.3K social interactions. The sentiment score for PARSIQ currently stands at 95%. Compared to all cryptocurrencies, post volume for PARSIQ currently ranks at 9348. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of PARSIQ.
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Posts
127
Contributors
39
Interactions
4,297
Sentiment
95%
Volume rank
#9348
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Posts
51
Interactions
4,260
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PARSIQ FAQ
What is PARSIQ?
PARSIQ is a blockchain intelligence platform that converts blockchain events into actionable data, offering a broad spectrum of analytics tools across numerous chains.
How does the "Smart Triggers" feature work in PARSIQ?
Smart Triggers in PARSIQ are designed to automatically respond to specific events on the blockchain. For instance, if a large transaction occurs, a Smart Trigger could notify the user or even initiate another action in response.
Where can I buy PRQ tokens?
Easily buy PRQ tokens on the OKX TR cryptocurrency platform. OKX TR’s spot trading terminal includes the PRQ/USDT trading pair.
Currently, one PARSIQ is worth ₺2.9562. For answers and insight into PARSIQ's price action, you're in the right place. Explore the latest PARSIQ charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as PARSIQ, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as PARSIQ have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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