By Oyster, anyone with a web browser can save and recover files in a decentralized, anonymous, secure, and reliable manner.
WHAT IS OYSTER (PRL)?
Oyster is the new standard for the internet economy that discloses the stalemate between advertisers and ad blockers. Oyster is a way of crowd-sourcing that work from the visitors of websites that are running the Oyster protocol.
OYSTER (PRL): HISTORY
CEO and Chief Architect Bruno Block just released a Medium article with details about an upcoming token airdrop for all PRL holders. The coin is called Oyster Shell (SHL). It came to life back in January 2018. Oyster was founded in December of 2017 by an anonymous individual known only as “Bruno Block” who serves as its original lead developer and CEO.
HOW DOES OYSTER (PRL) WORK?
The browsers of website companies hunt for buried Oyster Pearls, PRL tokens, across the IOTA tangle. The private seed key of the Ethereum address holding the PRL included in an uploaded file’s encrypted data structure. As the nodes search for PRL via proof of work they inadvertently re-attach the data to the tangle which extends the file’s retention. This means that the data retention is entirely decentralized and motivated by the economic incentive of a continuous blockchain treasure-hunt. The Oyster smart contract only allows PRL to be gradually released from the token’s embedded state, therefore prolonging the treasure-hunt and guaranteeing the data’s integrity for the correct amount of time. This mechanism ensures that if a user pays for data to save for two years, it will continue on the tangle for a minimum of two years.
HOW TO BUY OYSTER (PRL)?
Buying PRL is a two-step process. First, head over to Coinbase and purchase Bitcoin or Etherium which accepts debit or credit card. If Coinbase is not available in your jurisdiction, view our list of markets that sell BTC or ETH for Government issued money. Next, transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges like Cryptopia/ Coinexchange.io/KuCoin. The best place to store the PRL coin is MyEther Wallet/ LedgerWallet/ Trezor.
OYSTER (PRL) PRICE PREDICTION 2018
Oyster is not that much promoted yet. But as the popularity of cryptocurrencies is increasing day by day, we can expect a great variation in the price of PRL. At present, PRL is a lousy long-term investment option. If the user is looking for virtual currencies with a good return, PRL is a bad option. The Oyster price today is $0.994 and the market cap value is $70,727,792. The volume is marked as $430,772, and the current supply is 71,266,926 PRL.