Hello everyone, this time I will write an article about one of the platforms that are engaged in cloud storage networks
The module is a platform where any smartphone, tablet or personal computer, installing an appropriate application, can earn tokens by allocating a specific place in the memory of their device for a certain period of time.
MODULE is the decentralized blockchain-based platform project that is a kind of global data warehouse. The system allows users to make money on their mobile devices or laptops.
Innovative software company hopes to eliminate the problems inherent in existing blockchain services-excessive power consumption and unspoken centralization so even low energy users consume part of the farm a blockchain as part of a cloud system. The company also introduces its own MODL Penning, which is required for access to the platform.
How does it work?
The users download the Module application and join the network as Farmer, Verifier of Miner. Verifier encrypts his information with the assistance of one of the most resistant cryptography types, ECC (Elliptic-curve cryptography). After encryption, the information is divided into parts. And each part is copied and placed to different Farmer storage Thus encryption and separate allocation guarantees the high protection level and several copies exclude information loss. PoSTT protocol enables the payment transactions from Verifier to Farmer and Miner gets payment for performed verification called “gas”
MODULE allows its customers to offer their own prices. If the company hopes, this modern approach will stimulate healthy competition and allow users to buy only the resources they need to provide a certain amount of important information. Access to the service will receive payment in MODL views, which are used to compensate host users.
The main issues solved by Module are:
- A huge volume of unused memory space in smartphones, laptops and PC all over the world.
- Global business and government entities need a cheaper large storage place for their information.
- You need to have special equipment and understanding in order to participate in mining
Module tokens and ICO
MODL is utility token of the network. It can be stored in any Ethereum wallet supporting ERC20 tokens (MyEtherWallet, Mist, MetaMask etc.)
- Ticker name: MODL
- Token standard: ERC-20
- Soft Cap: 5,000,000 USD
- Hard Cap: $18,000,000 USD
- Total supply: 15,000,000,000 MODL
- Tokens for sale: 2,250,000,000 MODL
- Pre-ICO date: 16/07/2018 -31/07/2018
- Pre-ICO Bonus: 7%
- ICO date: 1/08/2018– 30/09/2018
- Token price: 1 MODL=$0.008 USD
- Restricted countries: the USA and other countries where it is outlawed.
- Payment accepted: BTC, ETH, LTC, Dash, Zcash, ETC, USD (wire transfer)
Summaries
The decentralized MODULE platform provides an interesting option for block-based applications; Most applications using this technology depend on a relatively small community of users using powerful equipment, and ultimately they are unable to provide the decentralized decentralization. Programmers who are interested in creating decentralized applications are sure to consider the MODULE platform after its release, provided that it will attract a sufficient amount of gas work.
For more information visit link below;
Website: https://modltoken.io/
Whitepaper: https://modltoken.io/doc/whitepaper_en.pdf
Twitter: https://twitter.com/MODULE_Project
Telegram: https://t.me/module_project
ANN: https://bitcointalk.org/index.php?topic=4566364.0
Author: sosisbakar12
BTT : https://bitcointalk.org/index.php?action=profile;u=1865067