Connect with us

Press Release

Overview of the flow value public chain FLOWCOIN

Published

4 years ago

on

It is a recognized fact that traditional Internet traffic is becoming more and more expensive. How to obtain effective, accurate, and cost-effective traffic has become a common problem faced by Internet companies.

If the traffic provider provides high-quality traffic, it will give certain additional rewards, and these rewards can buy the traffic it needs again. In other words, the supplier can also obtain the flow that he needs while providing the flow to get paid, and a flow value ecological closed loop can be formed.

After the closed loop of the flow value ecology is formed, the flow side is both the provider and the demand side, and the flow is circulated in the ecology, which improves efficiency and accuracy, reduces the flow cost, and makes the flow ecology more valuable.

Blockchain technology provides the possibility to establish a closed loop of flow value ecology. It uses distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other technologies to store the data originally only recorded on the central server in a block series manner to each node in the network center, realizing data recording It is traceable and cannot be tampered with.

In the era of blockchain 4.0, the blockchain has opened up a new “Internet of Value”. “Traffic is king and user first” is still the main theme of the current era. In the future, whoever can get more accurate traffic will be able to control it. Future and wealth. Therefore, a distributed traffic storage public chain FLOWCOIN, which is developed in combination with IPFS distributed technology, was born.

FLOWCOIN is a protocol token. Its blockchain runs on a new type of proof mechanism called “time-space proof”. Its blocks will be created by miners who store data. The FLOWCOIN protocol provides data storage services and retrieval services through a network that does not rely on a single coordinated independent storage provider. Among them:

(1) Users pay for data storage and retrieval;

(2) Storage miners earn tokens by providing storage space;

(3) Search for miners to provide data services to earn tokens.

Simply put, the FLOWCOIN protocol is a decentralized storage network built on blockchain and local protocols. Users spend tokens for storing and retrieving data, and miners earn tokens by storing and providing data.

The original purpose of FLOWCOIN was to encourage all participants to make more contributions to the network. Every participant (including target customers, miners, investors, etc.) will gain income by making effective contributions to the overall network. The more you contribute, the more benefits you get. Through the incentive mechanism, the service quality of the entire network is improved. Through a fully open bidding market, all participants can obtain file storage services at a very low price. Customers can adjust storage strategies to meet their needs, creating a custom balance between redundancy, retrieval speed, and cost.

Why use blockchain to solve the traffic problem?

The Internet has no boundaries, especially traffic. Traffic has only traffic attributes, without any geographical restrictions and other factors. It faces a huge market for global Internet traffic. Moreover, each traffic party has both the identity of the supplier and the demander. For example, as a supplier, a video website can direct its traffic to a third-party platform, and as a demander, it also needs more users to watch the video.

Blockchain accelerates the operation of the traffic industry. The traditional traffic exchange method has the phenomenon of resource waste caused by low utilization rate.

In other words, there is a problem of mismatch between the supply side and the demand side of the flow, and what FLOWCOIN has to solve is the problem of precise matching.

FLOWCOIN plays more of a rewarding role in the closed-loop flow ecology. Many things cannot be accurately valued in fiat currency, especially in the traffic conversion industry. The emergence of FLOWCOIN is based on the traditional constant value, giving FLW tokens equivalent to rewards to solve this dilemma and accelerate the ecological circulation. And with the growth of business volume, FLOWCOIN will form an increasingly larger ecosystem. With the circulation of FLOWCOIN in the project, its value will gradually become prominent.

Comparison of FLOWCOIN and traditional cloud storage services

FLOWCOIN redefines the flow distribution method, all participants in the autonomous community are equal, and there is no privileged identity. The autonomous community must ensure that it cannot be controlled by any person or organization; let more enthusiasts voluntarily improve this public chain, build a community ecology, share wealth, and seek a common future.

Outstanding advantages of the FLOWCOIN project:

FLW’s mission is to build a world-class decentralized shared computing resource network ecosystem through blockchain and network acceleration technology. FLW connects both supply and demand parties to help node sharers realize their resources and improve resource utilization.

Globalization: Driven by blockchain technology, the global layout of cloud computing ecology for the sharing economy

Standards: Built with community resources and wisdom, a shared computing industry standard based on blockchain

Create value: Use redundant and idle bandwidth resources to create hundreds of billions of ecological service exchange value;

Model innovation: Shared computing model, cloud computing resource and digital commodity exchange innovative model;

Implementation principle: Shared computing connects idle bandwidth resources, computing resources, and storage resources, and then provides them to those in need. This is a disruptive innovation that reduces enterprise bandwidth costs and users’ online entertainment costs.

FLOWCOIN is positioned as an access point for global traffic in the future. Whether it is for blockchain projects or Internet projects, import more accurate and larger traffic. It is hoped that the accuracy of transactions facilitated on the platform will become higher and higher as the rules are formulated, which will bring more precise and long-term profit methods to traffic parties. Let the supply side focus on the content, and let the demand side spend the least price and get the greatest rights and interests.

About Author

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.

See author's posts

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.

Related Topics:
Continue Reading

Press Release

BRP Surges as the Crypto Community Takes Notice: A New Chapter in Decentralized Governance

Published

8 minutes ago

on

December 27, 2024

By

The Banana Republic Token (BRP) is Making Waves

Dubai, UAE, 28th December 2024, ZEX PR WIRE, The Banana Republic Token (BRP) has caught the attention of the crypto community with remarkable growth. In just 12 hours, BRP experienced a stunning +$10.3K% price surge, reaching $0.0003. This surge has sparked interest from investors and enthusiasts alike, as BRP begins carving its space in the decentralized governance landscape.

Highlights of BRP’s Momentum
Exceptional Price Growth: A notable +$10.3K% increase over a single day has propelled BRP to the top of crypto watchers’ lists.
Growing Community: With over 400 holders already on board, BRP’s community is expanding rapidly, reflecting growing interest in its vision.
Whale Activity: Addresses linked to major platforms like Binance and Bitget have been observed accumulating BRP in meaningful quantities.

Why BRP Stands Out
Innovative Governance: At the heart of BRP is BananaDAO, a decentralized governance system empowering its community to lead decision-making.
Exciting Roadmap: Key features like the Tapping Game and BRD-ID are set to enhance BRP’s utility and engagement.
Rising Institutional Interest: Early whale movements hint at the potential for broader institutional adoption.

What’s Next for BRP?
The Banana Republic’s ecosystem continues to gain traction, with its unique blend of decentralized governance and utility-driven innovation. As the project unfolds, all eyes are on BRP’s potential impact on the broader crypto landscape.

Ready to explore what’s behind this buzz? Be part of the growing community.

Trade BRP Now: gmgn.ai/sol/token/7QZ1tsRGcTa6Jmq5UZZUQqtxwVpma2an5VYjTTCbpump

Join the movement. Power to the people. Power to the peel. ????

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Revolutionizing Finance: A Deep Dive into EtherForce

Published

8 minutes ago

on

December 27, 2024

By

Dubai, UAE, 28th December 2024, ZEX PR WIRE, The rise of decentralized finance (DeFi) continues to reshape the way individuals interact with financial systems. Among the notable players in this space is EtherForce, a platform positioned as a transformative force in empowering individuals with secure, transparent, and autonomous financial control. Built on the OP Ethereum blockchain, EtherForce seeks to create an inclusive and robust ecosystem where intermediaries are eliminated, and users are given equal rights and responsibilities. Let’s dive deeper into what EtherForce offers and why it matters.

What is EtherForce?

At its core, EtherForce is a decentralized financial platform that operates entirely on the OP Ethereum blockchain. The platform’s backbone is its immutable smart contract—a self-executing code that ensures that all operations are autonomous, transparent, and irreversible. Unlike traditional financial systems that depend on centralized institutions, EtherForce removes intermediaries and empowers users to engage directly with one another.

The philosophy behind EtherForce is simple yet profound: equal rights for everyone. Both founders and users are given the same opportunities, making the platform a level playing field. This concept of decentralized equality is one of EtherForce’s key differentiators.

How Does EtherForce Work?

EtherForce leverages smart contracts to handle all transactions and operations. These contracts ensure:
• Decentralization: All activities on EtherForce are fully peer-to-peer, without reliance on central authorities.
• Transparency: Every transaction is recorded on the Ethereum blockchain, offering full visibility to participants.
• Immutability: Once deployed, the smart contract cannot be altered, guaranteeing that the rules governing the platform remain consistent.
• Security: By removing centralized points of failure, EtherForce mitigates risks like hacks or fraud.

These features make EtherForce a trusted ecosystem for individuals seeking financial autonomy in a secure and efficient manner.

Key Features of EtherForce
1. Decentralization:
Unlike traditional financial platforms that rely on central banks or intermediaries, EtherForce is entirely decentralized. This ensures that users have full control over their assets and transactions.
2. Autonomous Operations:
The platform’s smart contract operates independently, meaning no central authority governs it. This eliminates human error and biased decision-making.
3. User Equality:
EtherForce prides itself on creating an equal-opportunity environment where all participants—whether early adopters or new users—have the same rights and responsibilities.
4. User-Friendly Dashboard:
To simplify user experience, EtherForce provides a real-time dashboard. This interface offers seamless monitoring and control, with data-driven insights that empower users to make informed decisions.
5. Security and Transparency:
All transactions and activities are visible on the Ethereum blockchain. This open ledger ensures transparency while maintaining high security standards.
6. Cost Efficiency:
By removing intermediaries, EtherForce reduces costs associated with traditional banking or payment platforms.

Why EtherForce Matters in the DeFi Ecosystem

EtherForce represents the core values of DeFi: autonomy, transparency, and inclusivity. Here are a few reasons why this platform is significant in today’s rapidly evolving financial landscape:
• Financial Freedom: Users no longer need to rely on centralized institutions for transactions or asset management. EtherForce offers complete control over funds and decisions.
• Immutable Contracts: The trustless nature of the platform ensures users are not at the mercy of human interference or changes in policies.
• Borderless Transactions: EtherForce enables global, borderless transactions, making it an ideal platform for individuals and businesses worldwide.
• Economic Empowerment: By offering equal opportunities to all users, EtherForce empowers individuals, regardless of their financial or
geographical background.

How EtherForce is Unique

While many DeFi platforms offer decentralization, EtherForce takes it a step further by emphasizing true equality between founders and users. Traditional systems—even in decentralized environments—often allocate privileges or rewards disproportionately to early adopters or founders. EtherForce disrupts this dynamic by ensuring fairness across all participants.

Additionally, the platform’s real-time dashboard sets it apart, providing an intuitive and powerful tool for users to monitor and manage their activities. Whether you’re an experienced crypto enthusiast or a newcomer, EtherForce simplifies the complexities of blockchain-based finance.

Use Cases for EtherForce
1. Peer-to-Peer Transactions:
Individuals can send and receive funds directly, without intermediaries or excessive fees.
2. Transparent Investments:
Investors can engage in blockchain-based projects with the assurance of transparency and security.
3. Global Accessibility:
EtherForce’s decentralized nature makes it accessible to anyone with an internet connection, removing barriers imposed by traditional financial systems.
4. Community-Centric Governance:
The platform aligns with the principles of decentralized governance, giving all users a voice in how the system evolves.

Conclusion: The Future of Decentralized Finance

EtherForce is more than just a DeFi platform; it is a movement towards a fairer and more inclusive financial future. By combining the power of Ethereum’s blockchain with a user-centric approach, EtherForce is setting a new standard in decentralized finance. With its focus on autonomy, transparency, and equality, the platform has the potential to revolutionize how individuals and businesses interact with financial systems.

Whether you’re a seasoned blockchain enthusiast or someone exploring DeFi for the first time, EtherForce provides a compelling ecosystem to experience the power of decentralized finance. As the platform continues to grow, it stands as a beacon of what financial systems can achieve when built on the principles of trustlessness, security, and inclusivity.

Join the revolution. Explore the EtherForce ecosystem today.

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Bitcoin Revolution: CAT’s WebChain Unveils Real-Time Transfers and Breakthrough Security

Published

5 hours ago

on

December 27, 2024

By

Bitcoin is set for a major upgrade with CAT’s revolutionary WebChain, a blockchain system enabling real-time Bitcoin transfers in just one second. Launching in late 2024, WebChain’s cutting-edge technology offers unmatched speed, security, and scalability, processing up to 15 million transactions per second. This innovation promises to transform cryptocurrency, paving the way for smarter, faster, and more secure digital economies.

 

 

 

Bitcoin’s slow transaction speeds are about to become history. CAT, a cutting-edge technology company led by CEO Bruce Cava, has announced the upcoming launch of WebChain, a revolutionary blockchain system that will enable real-time Bitcoin transfers in just one second. Set to debut in late 2024, this innovation is poised to transform the cryptocurrency world by delivering unmatched speed and security.

 

Revolutionary Breakthrough Announced by CAT

Speaking on December 17, CAT’s Vice President Lee Dong-wook shared exciting details about the company’s ambitious plans. “We aim to integrate the Bitcoin API with our WebChain mainnet by August or September 2024, or at the latest, by year-end,” he revealed. This integration will enable instant Bitcoin transactions through WebChain wallets, a move that’s already generating significant buzz in the tech and crypto sectors.

 

Addressing Bitcoin’s Weak Spots

While Bitcoin is a global leader in cryptocurrency, its 30-40 minute transaction confirmation times have been a significant drawback. These delays not only frustrate users but also create vulnerabilities for security risks.

WebChain is set to eliminate these issues with its groundbreaking architecture. Utilizing Java-based OT-OCN (Operation Technology-Operation Centric Network), the platform boasts the ability to handle an astonishing 15 million transactions per second (TPS)—a speed light-years ahead of Bitcoin’s current seven TPS.

Vice President Lee called the innovation “as revolutionary as the creation of Bitcoin’s Genesis Block in 2009.”

 

 

What Makes WebChain a Game-Changer?

Unmatched Speed and Security

WebChain’s OT-OCN framework, distinct from the traditional Internet’s TCP/IP protocol, ensures lightning-fast data transmission while prioritizing security and scalability. Unlike conventional systems, its name-based framework eliminates vulnerabilities like hacking and bandwidth slowdowns.

Recovering Lost Bitcoin

A standout feature of WebChain is its path-tracking capability, which lets users recover digital assets lost due to private key errors—a long-standing challenge for cryptocurrency users.

Java Powerhouse

Although Java forms the core of WebChain’s architecture, it’s unrelated to the commonly known JavaScript used in web development. The choice of Java reflects its brand appeal and its role in optimizing blockchain performance.

 

 

Endless Possibilities with WebChain

The technology’s versatility makes it ideal for a variety of applications, including:

  • Smart cities and IoT devices
  • International remittances
  • Payment systems
  • Data-intensive sectors like social media, cloud computing, and AI

With its ability to handle large-scale data transfers effortlessly, WebChain is set to become the backbone of modern blockchain solutions.

Shaping the Future of Cryptocurrency

The introduction of real-time Bitcoin transfers signals a landmark moment in blockchain history. As WebChain prepares to launch, it’s not just solving Bitcoin’s speed and security challenges—it’s setting a new standard for cryptocurrency efficiency.

With CAT’s innovative leadership, Bitcoin is taking a bold leap forward, paving the way for a more connected, efficient, and secure digital economy. WebChain is not just a step ahead; it’s a giant stride into the future of blockchain technology.

Stay tuned as WebChain’s launch in late 2024 promises to redefine what’s possible in the cryptocurrency world at CAT’s linktree, twitter and their official website.

Media Contact

Organization: QCAT

Contact Person: Bruce

Website: https://smartcat.tech/

Email: Send Email

City: California

Country: United States

Release Id: 27122422000

The post Bitcoin Revolution: CAT’s WebChain Unveils Real-Time Transfers and Breakthrough Security appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us