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The spark that collides with IPFS丨At a glance the top distributed public chain Flowcoin

Published

4 years ago

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How do we carry out the rules for storing, accessing and utilizing data in today’s life?

Many people need to spend a lot of time accessing data every day, and the data we access is mainly stored on a central server. This centralized model rules the world of data storage today. With the spread of decentralized innovation, some interesting alternatives have emerged.

In the HTTP protocol, in order to avoid the continuous erosion of data and improve transmission efficiency, people began to build more complete large-scale central servers (Baidu Cloud, Alibaba Cloud, Amazon Cloud, etc.), and store the data in them. This solution will be in a short period of time. It seems to be very effective, but the highly centralized management has created a series of new problems.

IPFS, a hypermedia transfer protocol based on content addressing, versioning, and peer-to-peer, aims to solve some of the shortcomings of the hypertext transfer protocol (HTTP) that dominates the Internet today. In terms of security, HTTP is highly centralized, all traffic is directly carried on a centralized server, and the load is too heavy; while IPFS uses decentralized distributed storage, hackers cannot attack, and files are not easy to lose; at the same time HTTP relies on a centralized server network, and server files are easily closed; while IPFS is a P2P network topology, all computers in the entire network domain can be used as storage nodes, and the principle of nearby distributed storage greatly improves network transmission efficiency.

The emergence of IPFS has undoubtedly pushed the 21st century into the “data age” of distributed storage. In this era where data is king, who can grasp the massive amount of data and successfully screen out valuable content from the data, then Will inevitably become a strong man in this era!

According to CCID Consulting’s statistics, the total scale of China’s big data in 2018 was 438.45 billion yuan, and the future growth rate will remain above 20%, reaching 807.06 billion yuan in 2021. The global big data and business analysis solutions market is expected to maintain a compound annual growth rate of 13.1% in the future, and the global market will reach US$312.67 billion in 2023.

The huge data volume contains explosive economic volume. Standing on the cusp of the times, the new generation of distributed top public chain Flowcoin aims to carry more data volume and create new businesses through leading distributed storage methods. The data age.

Flowcoin is based on the underlying development of IPFS, a fully open source, fully open distributed mainnet. Everyone can develop related plug-ins to achieve more applications on this basis. It has decentralization, deduplication, and fragmentation. A blockchain public chain with faster transmission speed and more secure network. Flowcoin is used as an incentive layer to give rewards for contributing storage space and traffic, and participants will obtain the token FLW by contributing their own idle hard disk space and network bandwidth resources.

In response to the pain points of existing data storage, Flowcoin is based on a distributed storage system, and storage expansion supports tens of millions of nodes concurrent; as we all know, the combination of big data traffic and storage is a place for massive and high-speed growth of data; its built-in IPLD The protocol stack supports Flowcoin’s distributed file system attributes with version control. It is more friendly to file additions, deletions, changes, and checks than a centralized file system, and it provides data with self-verification.

At the same time, Flowcoin has changed the traditional centralized storage mode. Through cryptographic encryption, the privacy of user data is better protected, so that the information can be truly used by individuals and will not be stolen by others on the virtual exchange network. Decentralized data storage is realized, making information more private and safer.

Flowcoin truly transfers the control of data from the centralized system to the users, and returns the value generated by the data to the users. Flowcoin’s incentives for valid data will make it possible for users to use storage services for free. Disruptive innovation will accelerate the application of decentralized storage, and the value business system of Flowcoin.

Flowcoin uses new thinking to reconstruct the storage method of the current data age, and has constructed an advanced ecological map from the beginning of its establishment. Among them, Flowcoin’s R&D laboratory was established by IPFS technology enthusiasts in early May 2019. The R&D laboratory is committed to the development and construction of FLW and governance transparency, and promotes the safety and harmonious development of the open source ecological society. Its core technical personnel come from 5 countries around the world, and many of them have worked in the world’s top 100 technology companies such as Alphabet and Hong Kong ASM Pacific Technology, with strong strength and impressive records.

Flowcoin’s new generation of distributed top-level public chains effectively supports the current applications in the blockchain field and reduces storage costs and bandwidth costs. It will exist as an infrastructure, continue to promote the development of the digital economy, and build a new generation of digital infrastructure network.

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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

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

Published

16 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

Published

16 hours ago

on

November 23, 2024

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DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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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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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

16 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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.

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