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Topic: SEEKCHAIN -The next gold entrance to the blockchain - page 4. (Read 906 times)

jr. member
Activity: 89
Merit: 1
The POS-like mechanism that emerged afterwards solved the problem of energy waste, but it caused the centralization problem. The emergence of the POC consensus mechanism solved these two problems well.
jr. member
Activity: 89
Merit: 1
Since the birth of BTC, the POW mechanism has become the most mainstream consensus mechanism. The decentralization and security of POW is unquestionable, but it has also been criticized and wasted energy.
member
Activity: 255
Merit: 51
In the OP post and in the Medium, I very often read the same phrase: "... feature of Seekchain mining is that mining does not require the use of mining machines, only the computer hard disk can mine ..."
But I did not read about who will need the Seekchain coin. Who will buy it, who will use it, and for what? Only miners ... miners ... miners ...
The approach seems to be to replace the uniform resource identifier with a hash that gives you direct access to the content. The coin is given as a reward for the miners protecting the network. You will probably be able to trade coins for content. In this sense, it would be a decentralized network without Google or Bing as a middleman. But for that you would need a search engine for the content.
jr. member
Activity: 89
Merit: 1
jr. member
Activity: 89
Merit: 1


   why don't you leave a link here to your website or something.


 Seekchain is a new project just launched, also using PoC consensus algorithm, Seekchain’s vision is to reduce the mining threshold, so that everyone can freely mine. So Seekchain chose POC on the consensus algorithm. https://medium.com/@seekchain/blockchain-why-does-the-poc-consensus-algorithm-dominate-the-next-bull-market-f6e5c763696a


   just launched... what do you mean, you have already started mining coins?


not yet, but will soon.Smiley
sr. member
Activity: 631
Merit: 260
In the OP post and in the Medium, I very often read the same phrase: "... feature of Seekchain mining is that mining does not require the use of mining machines, only the computer hard disk can mine ..."
But I did not read about who will need the Seekchain coin. Who will buy it, who will use it, and for what? Only miners ... miners ... miners ...
sr. member
Activity: 1330
Merit: 251


   why don't you leave a link here to your website or something.


 Seekchain is a new project just launched, also using PoC consensus algorithm, Seekchain’s vision is to reduce the mining threshold, so that everyone can freely mine. So Seekchain chose POC on the consensus algorithm. https://medium.com/@seekchain/blockchain-why-does-the-poc-consensus-algorithm-dominate-the-next-bull-market-f6e5c763696a


   just launched... what do you mean, you have already started mining coins?
jr. member
Activity: 89
Merit: 1
If you want to know more about POC and seekchain, please follow our medium:https://medium.com/@seekchain
jr. member
Activity: 89
Merit: 1
Welcome all to join our telegram and discuss with us the new wealth chance!https://t.me/Seekchain
jr. member
Activity: 89
Merit: 1
Grin Grin Grin  Seekchain official website: https://seekchain.org
Welcome all to join our telegram group to know the key towards wealth: https://t.me/Seekchainorg


SEEKCHAIN (SEEK for short) is a new consensus mechanism using incremental combustion certification (IPOB) to transform decentralized, low-cost storage resources into a decentralized and credible financial collaboration platform. At the same time, it is Turing's complete smart contract platform, supporting anonymous protocols, Defi solution sets, bookkeeping protocols, privatization transactions, autonomous financial organizations, and more.


What is unique about SEEKCHAIN in the POC mining industry?

The first unique feature of SEEKCHAIN is the industry's first economic model of active deflation. In order to mine on the SEEKCAHIN chain, a certain amount of SEEK coins must be destroyed in order to obtain mining rights and extraction rights. The more destroyed, the greater the hard disk capacity, the higher the right of the miners. This fair design allows the entire ecology to form positive feedback while allowing deflation to be effectively controlled.

The second unique feature is the first time the recommendation system is built into the chain. Any successful project must have a solid technical foundation and a broad community ecology and users. SEEKCHAIN will recommend the mining system to be built into the contract to encourage miners involved in SEEK mining, to bring more new users and build stronger consensus.

The third unique feature is the first launch of multi-ecological mining. Miners can become members of the decentralized financial autonomous organization and enjoy the organization's revenue share; miners can become market makers of decentralized exchanges and enjoy transaction fee sharing; miners establish private trading alliances to earn revenue through management.

   These three unique features make SEEKCHAIN an innate condition to become an industry star. The most active active deflation model design makes people's eyes shine. This deflation design allows the circulation of the secondary market to be effectively controlled. Bringing unlimited imagination to the value-added of SEEK, will SEEKCHAIN be the next gold entrance to the blockchain? I think everyone has an answer.

Background: SEEKCHAIN was born in the distributed storage boom of 2019, with a circulation of 970 million. The official definition of the supply of project coins is: never increase the number of shares, and actively deflate. The project is owned by the SEEKCHAIN Foundation in Singapore and is jointly launched by Korea's top technical team, operation team and incubator.
jr. member
Activity: 89
Merit: 1
 



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INTRODUCTING


Seekchian uses a new consensus mechanism called Incremental Proof Of Burning to transform decentralized, low-cost storage resources into a trustless financial collaboration platform.

Seekchian not only realized the economic model of active deflation through the IPOB mechanism, but also continued to stimulate the development of the mining pool community through periodic rewards.

The number of mining pools increased sharply but the group became more differentiated, combined with iterative chain management, Seekchian realized the dual decentralization of ecology and technology. At the same time, Seekchian adopts a pluggable consensus configuration method, which allows the consensus to prove smooth switching from capacity proof to data storage. The role of miners and mines in the ecology can also realize the evolution to storage miners and search miners at low cost.

The chain's recommended incentive system, equity resource allocation and net book self-purification agreement, Defi solution set managed by DAO organization, private trading and other important functional components have also greatly expanded Seekchian's ecological explosiveness, economic sustainability, and commercial realism scenario applicability and user identity security.
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Technology Peculiarity



Economic Parameter



Multiple Mining



Block Reward Distribution Mechanism



Related Download



Roadmap


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