Topic: An alternative technology to blockchain? (Read 179 times)
The main problem of this coin is that miners do not need to maintain this system. But, the question is, how will satellites support transactions? This should be very expensive and satellites can deviate from orbit or snow or heavy rain or clouds?
The name is too close to bitconnect and bitconnectx. Those two names are NOTORIOUS for scamming people. Also, the website for connectx doesn’t seem legit to me.
it is not a POW/POS network. completely new concept. the network is based on satellites. they provide you with a device call powerhouse which is connect to the network. so there won't be a need for POW/POS.
Just watched the beginning and I can not understand why a blockchain needs to be even more secure?! I think the next step for a blockchain is the fact that it should not be changeable. Once started there is no way to stop it or fork it. That would be something interesting and new.
more info, please
No mining ... no buying. Bye
It's interesting to use 3D data transmission and storage technology, and I'll look further.
Hi,
I just came across this interesting project called CONNECTX.
What is interesting about this project is that they are using the 3D data Transmission and storage technology.
The backbone of this project is their distributed satellite database rather than the blockchain to enhance the security.
Last but not least, their tokens are both utility and reward coins.
For more info you can check out the link below
Thanks.
https://connectx.com/bitcoinsinsatellites/
I just came across this interesting project called CONNECTX.
What is interesting about this project is that they are using the 3D data Transmission and storage technology.
The backbone of this project is their distributed satellite database rather than the blockchain to enhance the security.
Last but not least, their tokens are both utility and reward coins.
For more info you can check out the link below
Thanks.
https://connectx.com/bitcoinsinsatellites/
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