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ADS’s Fortune Gold Mine: Contribution Miners’ Fees

Published

4 years ago

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 On public chains such as Bitcoin or Ethereum, anyone can read and write data.  Reading data is free, but it costs a certain amount to write data to the public chain. This overhead helps prevent spam and protects its security through payment.  Any node on the network (each connected device containing a copy of the ledger is called a node) can participate in a method called mining to protect the network.  Since mining requires computing power and electricity fees, miners need to be paid for their services. This is also the origin of miners’ fees.

 However, the problems caused by miners in mining have become increasingly prominent:

 Electricity bill

 The “mining” of the graphics card requires a long time to fully load the graphics card, the power consumption will be quite high, and the electricity bill will be higher and higher.  Many professional mines at home and abroad are located in areas where electricity costs are extremely low, such as hydropower stations, and more users can only mine at home or in ordinary mines, so electricity costs are naturally not cheap.  There was even a case where someone in a certain community in Yunnan carried out crazy mining, which caused a large area of ​​the community to trip and the transformer was burned out.

 Hardware expenditure

 Mining is actually a competition of performance and equipment. Some mining machines are composed of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, various costs such as hardware prices are inherently high.  There are considerable expenditures.  In addition to graphics card-burning machines, some ASIC (application-specific integrated circuit) professional mining machines are also on the battlefield. ASICs are specially designed for hash calculations and their computing power is also quite strong, and because their power consumption is much lower than that of graphics cards,  Therefore, it is easier to scale up, and electricity costs are lower. It is difficult for a single sheet to compete with these mining machines, but at the same time, the cost of such machines is also greater.

 Currency security

 Bitcoin withdrawal requires up to hundreds of keys, and most people will record this long string of numbers on the computer, but frequent problems such as damage to the hard disk will cause the key to be permanently lost, which also leads to  The loss of Bitcoin.

 System risk

 System risk is very common in Bitcoin, and the most common one is fork.  The fork will cause the price of the currency to fall and the mining revenue will drop sharply.  However, many situations have shown that the fork will benefit the miners. The forked altcoins also need the mining power of the miners to complete the process of minting and trading. In order to win more miners, the altcoins will provide more block rewards and rewards.  Handling fees to attract miners.  Instead, risk has made miners.

 ADS’s ring resonance proof of stake algorithm (Λ Proof of Stake, APoS) perfectly solves the problems of energy consumption, cost, and safety caused by mining. According to the APoS algorithm, the circulation of ADS is 100 million, and 931374.57 ADSs are used as “startups”.  In addition to the “fuel” airdrop to the users of the former 123 ring nodes, APoS mined a total of 99,068,625.43, of which 10% will be rewarded to ADS promoters as a contribution miner fee, which we call DAO maintenance node miner fee.

 DAO maintenance node miner fee

 According to the ADS ring resonance algorithm, 10% is rewarded to the ecological DAO maintenance node (4% is given to the ecological maintenance (community recommends on the exchange, self-made website marketing, publicity through professional media, recommends the new currency to the exchange, introduces dapp applications, etc.), public  Chain maintenance nodes, weighted and averagely distributed according to node computing power, dividends once a week; 4% to voting community nodes, community evaluation once a week, flashback rewards according to ranking, once a week, the top three communities each reward 0.3% 0.2% 0.1%  , The fourth to tenth communities will be rewarded 0.05%. Voters will be given a weighted average distribution of 1.05% according to the number of votes. The new currency voting on the exchange will be given a weighted average dividend of 2% according to the number of votes of the voters; 2% will be rewarded to the promotion master, and users will be rewarded with currency holdings and flashback rankings.  Reward 0.3% 0.2% 0.1% respectively, the fourth to tenth reward 0.05%, and the average distribution of 0.95% to the promoters of the website produced according to the requirements).

 Contribution is strength, contribution is revenue, contribution is consensus. This is the greatest feature of ADS’s ring resonance equity proof algorithm. I hope that all ADS miners can obtain their own wealth of gold mines.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Car Garage Expert Expands Automotive Repair and Maintenance Services in Dubai

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6 hours ago

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January 9, 2025

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Dubai, UAE – Car Garage Expert, a leading name in automotive repair and maintenance, is proud to announce the expansion of its service offerings to cater to the growing demands of car owners in Dubai. With a commitment to quality, reliability, and customer satisfaction, Car Garage Expert now provides an enhanced range of services designed to ensure optimal vehicle performance as car workshop near me.

“Our goal is to deliver top-notch automotive solutions that meet the diverse needs of our customers,” said Muhammad Fahad Malik, CEO of Car Garage Expert. “By combining advanced diagnostic tools with a team of certified mechanics, we aim to set a new standard for automotive care in Dubai.”

The expanded services include:

Comprehensive Routine Maintenance: Ensuring vehicles remain in peak condition.

Oil Changes and Brake Repairs: Essential services for safety and efficiency.

Engine Diagnostics and Repairs: Utilizing state-of-the-art technology for precise solutions.

Specialized Services: Tailored to the unique requirements of all vehicle makes and models.

In addition to its technical expertise, Car Garage Expert emphasizes a seamless customer experience through competitive pricing, transparent communication, and timely service.

About Car Garage Expert

Car Garage Expert is a trusted provider of automotive repair and maintenance services in Dubai. Known for its professional approach and dedication to quality, the company serves as a reliable partner for car owners seeking dependable solutions. Whether it’s routine maintenance or complex repairs, Car Garage Expert ensures every vehicle receives the care it deserves like mechanic near me.

Media Contact

Organization: Car Garage Expert

Contact Person: Mian Muhammad Fahad

Website: https://CarGarageExpert.com

Email: info@cargarageexpert.com

Contact Number: +971555797960

Country: United Arab Emirates

Release Id: 09012522343

The post Car Garage Expert Expands Automotive Repair and Maintenance Services in Dubai appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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UBX Global Tour 2025: A New Era for the Web3 Industry

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12 hours ago

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January 9, 2025

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UBX to Launch Year-Long Global Tour, Expanding Web3 Horizons

In 2025, UBX will embark on a year-long global tour, covering key cities at the forefront of finance and technological innovation. As a leader in the cryptocurrency and digital asset space, the UBX Global Tour will officially kick off on January 9th in Ho Chi Minh City, marking the start of this highly anticipated annual event.

12 Cities in 12 Months: UBX Global Tour Unfolds

UBX’s global tour will follow a set schedule, with events held on the 18th of each month throughout 2025. After the inaugural stop in Ho Chi Minh City, the tour will visit cities such as Dubai (February 18), Macau (March 18), Bangkok (April 18), Paris (May 18), New Delhi (June 18), Vancouver (July 18), Abuja (August 18), South Korea (September 18), Singapore (October 18), Germany (November 18), and Tokyo (December 18). This series of events will cover twelve major cities, attracting thousands of participants at each stop. Industry leaders will gather to discuss the latest developments and innovations in Web3.

Engaging with Users: Building Stronger Connections

Each event will feature UBX’s latest updates and offer an opportunity for direct interaction with users, enabling the platform to gather valuable feedback and insights. UBX is committed to optimizing its products and services to meet the diverse needs of users worldwide. The global tour not only serves as an essential step in UBX’s global strategy but also as a platform for listening to and engaging with its user base.

Blending Online and Offline to Enhance User Experience

As a platform focused on cryptocurrency asset trading and innovation, UBX uses cutting-edge technologies like zero-knowledge proofs, multi-chain interoperability, and AI to build a secure and efficient system that protects user assets and privacy. By integrating innovative online products with its global offline events, UBX is providing users with secure, efficient, and intelligent trading solutions. This approach aims to foster continued innovation in the crypto ecosystem and enhance the overall user experience.

Promoting Industry Growth: UBX as a Compliant Leader

UBX is not only focused on technological advancements but also on driving the adoption of blockchain technology through its global tour. The tour will provide a vital platform for investors, industry professionals, and blockchain enthusiasts to explore blockchain applications across various sectors, accelerating the growth of Web3. Each event will offer valuable insights and strategic perspectives, contributing to the progress of the cryptocurrency industry. Furthermore, UBX remains committed to compliance, holding multiple financial licenses and solidifying its position as a key player in the global digital asset ecosystem.

In 2025, the UBX Global Tour will cover key Web3 markets, enhancing UBX’s global footprint while promoting the widespread adoption of blockchain technology. UBX invites investors, innovators, and blockchain pioneers to join this global movement, as together they help shape the future of the digital asset industry and usher in a new era of crypto wealth.

UBX Global Tour 2025: Join Us on This Historic Journey!

About UBX

UBX, headquartered on Wall Street, New York, is a global digital asset trading platform licensed in Canada, Australia, and the U.S. Focused on security, transparency, and compliance, UBX serves users across 36 countries with a daily trading volume of over $2 billion.

With cutting-edge technology and robust security, UBX offers spot trading, contracts, and asset management, striving to become a top-5 global digital asset exchange and a leader in secure digital finance.

Website：www.ubx.one

X：x.com/UBX_Official

Telegram：https://t.me/UBX_Official

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Press Release

$LEIA token soars 2400% on its first day, showing the market is bullish on casual skill-based gaming in Web3

Published

15 hours ago

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January 9, 2025

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After raising a record $3M+ in its debut on Gems Launchpad, Leia hits the market today with a remarkable opening. Leia offers a diverse platform for casual gamers entering the crypto space via familiar and accessible mobile games

Limassol, Cyprus — Gems, a community-driven launchpad built around an exclusive investor network, celebrates the success of one of its leading launches: Leia, a Web3 gaming company offering a platform of skill-based mini-games. After securing $3M on Gems Launchpad, Leia meets the market today, itching $0.0195 in its peak on its first day. The initial token price on Gems Launchpad was $0.0001.  

Leia Games offers an interactive way to play multiple small but casual games on one platform. Often called the “TikTok of gaming,” Leia features numerous skill-based games that use the same in-game currency. This creates an interoperable ecosystem that draws people in. Leia leverages Gems’s launchpad to expand its “Pikmi” gaming platform, boost its marketing efforts, and conduct alpha testing for its core titles.

Understanding and playing—let alone enjoying—Web3 games, which typically focus on the speculative NFT market and complex play-to-earn mechanics, can be challenging and time-consuming. While a miniscule niche market still exists for these Web3 games, the blockchain-based gaming sector has largely ignored the popularity of the casual mobile gaming sector, which makes up 61 percent of the overall gaming market, reaching a value of more than $130 billion in 2022. 

Leia Gems is led by a team of industry veterans from Playtika.com with extensive experience designing successful and engaging mobile titles catered to casual gaming audiences. The team has designed an “Intelligent Matching System” to ensure fair and transparent contests featuring a skill-tracking algorithm that continuously monitors player performances to enforce balanced matches.

Gems Launchpad’s mission is to support projects with the most disruptive potential. Its latest project is NFA Club, a gamified, AI-powered trading app featuring curated insights from key opinion leaders (KOLs). NFA Club’s first private sale funding round on Gems Launchpad began on December 4, and will be raising funds over a series of 12 rounds.

$LEIA will be listed on Gems Trade, the new crypto exchange set to be released soon.

About Gems:

Gems is a distinguished crypto launchpad with the mission of un-earthing genuine “gems” in the Web3 landscape through rigorous due diligence. The platform aims to bring together a robust ecosystem for blockchain projects by focusing on launching innovative ventures, expanding communities, penetrating new markets, and leveraging its international network of investors, known as Leaders, to partake in the early stages of groundbreaking projects. Gems launchpad model is driven by active community participation, creating a synergistic environment that benefits both visionaries and the adoption of pioneering ideas. For more information, visit: https://gems.vip/

About Leia:

As the first company offering casual mobile games with a real monkey skill game twist in the Web3 space, Leia’s lineup includes casual puzzles, strategy games, and competitive casual eSports titles. By focusing on both casual fun and competitive mobile games which include in-game tournaments, Leia caters to a wide range of gaming preferences and skill levels. The $LEIA token serves as the primary currency within Leia’s ecosystem and is used to enter tournaments, purchase in-game items, and participate in community events. For more information, visit:  https://www.leia.games/

Media Contact:

alona@reblonde.com

Marketing@gems.vip

name: Alona Stein

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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