MODULE
MODULE is a blockchain-based platform designed to utilize the free storage of smartphones, PCs, servers, etc. as an asset. Using the MODULE platform, one will be able to participate in mining even from a smartphone. Servers and enterprises can also participate in mining.
Module’s consensus (mining) algorithm makes it possible to earn rewards by lending out storage space. As the storage capacity of devices progresses and expands, one can expect the various services offered to expand. In addition to issuing new original coins, users will also be able to develop Dapps (decentralized applications) on the platform.
MODULE platform
MODULE employs a new transaction approval algorithm. It is a new technology platform that enables everyone to participate in mining, even from a mobile device. In addition to building DApps, users will also have the ability to issue new currencies on the platform.
The Future According to MODULE
Although the popularity of cryptocurrencies hasrisen, there are still very few chances to use them
in real life. Bitcoins can be used at some shops, etc., but the required infrastructure is still under
development. We want to bring cryptocurrencies into the mainstream.
The MODULE developers have devised a new algorithm. The team is developing a system under
which compensation is determined based on three elements of storage: space-timetransaction.
This will enable users to participate in mining from mobile devices such as smartphones.
Unique mining method PoSTT (Proof of Space, Time and Transaction)
The POSTT protocol creates a decentralized storage network with its own coins (or tokens) provided
by P2P.
- About the PoSTT block chain mechanism
- Reward system in PoSTT and the process of uploading/ downloading data
- The reward system in the PoSTT blockchain is as follows. In the PoSTT blockchain, the reward is proportional to the size of the data, the time for which the data is stored in the node (Farmer) that provided the storage, and the volume of transactions.
- About Gas and the PoSTT fee
- All transactions and smart contracts processed in the PoSTT blockchain can be seen as scripts. For example, looking at a simple transaction, transactions can be seen as a combination of opcodes. The meaning of the opcode is the minimum unit constituting the script of the transaction.
MODL Token
Ticker symbol: MODL
Token during ICO: ERC-20
Type: Utility token
Total emission: 15,000,000,000MODL
Price per 1 token: 1MODL = 0.008 USD
Softcap:
$ 5 000 000
Hardcap:
$ 18 000 000
Total emission:
15,000,000,000
tokens
For distribution:
2,250,000,000 tokens
Official Video
More info, visit
Website : https://modltoken.io/
Whitepaper : https://modltoken.io/doc/whitepaper_en.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=4566364.msg42496808#msg42496808
Facebook : https://www.facebook.com/moduleproject/
Twitter : https://twitter.com/MODULE_Project
Telegram : https://t.me/module_project
Author : Anzal RK
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1115678
ETH : 0x7b56837589A428A507aB76b0Df46BfE7D2fa5C38
Telegram : @Crossx23
Telegram grup : @bit_shield
EmoticonEmoticon