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

Yongxuan Mining Holds Conference in Dongguan

On December 11th, South Korea Yongxuan Mining invested in the construction of a mine in the Dongguan Industrial Park. It is planned to be divided into 3 phases, with the initial investment of 20 million and an estimated investment of 100 million! At present, the No.1 mine in the first phase has officially started operation, and most of the mining machines have started mining.

Earlier, Yongxuan Mining has opened branches in Chengdu and Heyuan. It is reported that branches in Shandong, Hunan, Fujian, Henan, Chongqing and other places are also under preparation. Yongxuan Mining’s goal is to build 100 branches in China. At the same time, Yongxuan Mining is a franchised distributor of mining machines for the SEEKCHAIN ​​project and an official mining machine partner with headquarters in South Korea.

Korea Yongxuan Mining takes talents and innovation as its development engine and relies on the “Yongxuan Blockchain Development Research Institute” to focus on blockchain technology, digital currency economics, blockchain community ecology, blockchain community governance and districts. Research on the development path of blockchain. Centered on “Yongxuan Technology Start-up Incubator”, it provides an open, symbiotic, innovative, and development environment for innovative entrepreneurs engaged in blockchain business, gathers outstanding talents, and seeks the future of digital blockchain together.
It is reported that SEEKCHAIN ​​will hold the “SEEK Supercomputing Industry Economic Forum” in Dongguan on December 15, and Yongxuan Mining strongly supports it as a co-sponsor. This conference is co-sponsored by SEEK Chinese Community and Yongxuan Mining. It is co-organized by media parties such as TODO Labs and Blockchain News. The conference venue is at the beautiful Eurasia International Hotel in Changping Town, Dongguan. Trends, industry prospects. It is believed that the successful holding of this conference will definitely make the market prospect of Yongxuan Mining wider.

yes, sure~

can I start mining now?

SEEK unveiled in Hangzhou · CAN Conference 2019 to talk with SEEK about the new development of the POC mining industry and look for new opportunities at the end of the year😃

0x6f8a2491683a786de8e8b0645669614faf7f8792, this is the invitation code for miners.

can I have an invitation code?

you can now, the mainnet has been updated successfully~

why I can't withdraw seek from hoo.com?

there is the mining tutorial of seek:https://github.com/SeekChainGlobal/SeekChain/wiki/SeekChain-solo-mining-tutorial-Windows-version

https://t.me/Seekchainorg

no worry, can you give me the telegram link?

exactly~thank you for your support~

I got it from telegram group:https://hoo.com/invite/21808236

where can I buy some seek?

I think this project is quite promising~

On April 8 this year, the National Development and Reform Commission planned to classify bitcoin mining as a phase-out industry, which caused a high degree of market attention at the same time. At the same time, the newly emerging POC mining model was significantly higher than the POW mining model. The rate was once again raised by the media.
SEEKCHAIN ​​unlocks POC mining new pose
SEEKCHAIN ​​(SEEK for short) is a new consensus mechanism using incremental combustion certification (IPOB) to transform decentralized, low-cost storage resources into decentralized and trusted financial collaboration platforms. At the same time, it is Turing’s complete smart contract platform, supporting anonymous protocols, Def solution sets, bookkeeping protocols, and more.
The IPOB incremental combustion proof consensus mechanism is a superset of POC. In SEEKCHAIN, miners need to perform IPOB workload proofs in order to obtain a certain reliable computing power and a block bonus extraction rate in order to obtain a block reward by performing POC mining.
POC is derived from the POW mechanism, which can be said to be an iterative update of the POW. POC also has the security and decentralization performance of POW. The biggest difference with POW is that POC supports hard disk mining, and anyone can participate in mining. It is regarded by most people as “POW2.0” which is more efficient, lower cost and fairer.

The POW consensus mechanism is gradually abandoned
As we all know, POW is a computing power mining, requires a professional ASIC mining machine, and the mining machine is expensive, consumes a lot of power, and is labeled as “wasting power”. And the mining machine can only be manufactured by a few miners, and the rise in the price of the coin will also cause the price of the mining machine to rise. The net price will increase as the price of the net increases. The miner will earn the mine when the calculation power is relatively fixed. The currency will be reduced, so POW is a dynamic game process.
The POC ratio is only the capacity of the hard disk, only ordinary power support, not only more power saving than the POW, but also the POC has the safety of POW; efficiency; short safety confirmation time; low energy consumption; no noise; Everyone can mine and other advantages based on the proof of capacity advantage.
Superset of POC — IPOB incremental combustion proof consensus mechanism
SEEKCHAIN ​​is an intelligent contract platform based on the Incremental Combustion Proof (IPOB). Its economic model is super deflation.
1. The mining award is halved every four years. This is one aspect of deflation, just like the bitcoin production reduction mechanism.
2. All miners must burn a certain amount of coins in order to obtain mining power and extraction rate. This is quite different from all current POC projects and is the key to making SEEKCHAIN ​​stand out from all projects in the future.
Up to now, other POC mining projects are either collateral mining or direct mining, the total amount of money will not decrease, and mortgage mining can cause a large potential selling pressure after redemption. The combustion mining of SEEKCHAIN ​​requires the destruction of a certain amount of coins in advance to activate the mining rights and the corresponding mining power, which is a natural deflation mechanism.
3. Since the extraction rate of all miners cannot reach 100%, all the parts except the extraction rate are automatically destroyed, which will greatly reduce the total amount of Seek. For example, a miner dug up 100 Seek. In the case of a 60% extraction rate, 60 Seek were owned by the miners and the remaining 40 were automatically destroyed. This is the deflation caused by the extraction rate, and it is also the internal mechanism that triggers the rise in the price of the currency.
Although the number of people involved in POC hard drive mining is not as good as POW, the beginning of any revolution began with the fire of the stars. SEEKCHAIN’s unique economic model may be the way to win.

Why does SEEKCHAIN ​​lead the POC consensus to become the mainstream of the future?

SEEKCHAIN main network launch surprisingly and mining start
November 15th, 2019
 
 
The world's first active deflation POC project
 
Gold mine silver mine, SEEK mining
 
 
Official website: seekchain.org
Mine pool: seekpool.io

4. The SEEK development team is the blockchain technical advisory team of the regional government？

Busan, South Korea

3. What is the total amount of SEEK issued?

9.7 billion

2. What is the consensus mechanism of SEEK?

IPOB

1.What exchange that Seek has been listed on?


https://hoo.com/

https://medium.com/@PoC_Consortium/crypto-in-the-middle-ages-94a9e36c5de1
Crypto in the Middle Ages

The reward distribution is mainly for the mine pool. When the miner sets the bonus distribution as the mine pool, the miner is equivalent to inform the network mine pool to take over the miner's block reward, that is, when the original block reward is assigned to the miner. Now, the account assigned to the pool, and if the deadline is received from the miners, the pool is responsible for packing the blocks.

The mining cost of POC is not high. Many personal computers have unused disk space. The marginal cost of using these space for mining is small, and the instant reward is small, and it can also be used for mining. Unlike bitcoin mining machines, you must consider the cost of electricity, too much noise, etc. If you want to get higher returns, you can consider professional mining machines.

SEEK has the characteristics of decentralization, never-issued, wireless deflation, anonymous social networking, and chain recommendation.

SEEK uses a new consensus mechanism called Incremental Proof Of Burning to transform decentralized, low-cost storage resources into a trustless financial collaboration platform. SEEK does not realize the economic model of active deflation through the IPOB mechanism. It also continually stimulates the development of the mining pool community through periodic rewards. The number of mine pools has increased sharply but the groups have become more differentiated. Combined with iterative chain management, SEEK achieved both ecological and technical decentralization.

SEEK is a distributed financial infrastructure based on hard disk resources that enables active deflation. The total circulation of SEEK is 970 million pieces. The team pre-digs about 3.8% to promote the creation team, and 96.2% produces or permanently destroys by mining.

SEEK launched on hoo.com, increase level up to 230%

The first POC mining project with active deflation design, SEEK, was launched on the hoo.com Exchange, with an opening increase of 230% and a high point of $0.28. According to Hoo's public information, SEEK is a hard drive mining project hatched by the blockchain technology team of the Busan Municipal Government of South Korea. The current circulation is only 2 million. The remaining SEEK has been locked or can only be implanted by mining.

大家有微信的可以参加的，lovenovak999， 加这个微信号，客服拉你进群

POC公链-SEEK 25号上线虎符交易所 一起打造百倍币生态！转发朋友圈进群扫码填写表单输入虎符交易所SEEK地址即可平分两万空投~

https://medium.com/@seekchain/hoo-com-will-be-the-worlds-first-exchange-to-list-seek-on-oct-25-19da6863efeb

https://seekchain.org/view/SeekchainWhitePaperEN1.0.5.pdf

Seekchain whitepaper

Bravo!!!!Get Seek now:https://hoo.com/invite/21808236!

Seekchain (SEEK) will be listed on Hoo.com on Oct. 25.



Note down the important time points and dates:

SEEK deposit — 12:00 Oct. 25
SEEK/USDT trading — 16:00 Oct. 25
SEEK withdrawal — 12:00 Oct. 26

Is SEEK mining cost high?


The mining cost of POC is not high. Many personal computers have unused disk space. The marginal cost of using these space for mining is small, and the instant reward is small, and it can also be used for mining. Unlike bitcoin mining machines, you must consider the cost of electricity, too much noise, etc. If you want to get higher returns, you can consider professional mining machines.

thank you for your support~

After our mainnet be online, the miners won't be interrupted.
You can buy a POC mining mechine to mine SEEK.

How to determine the income of this mining method?

You can mine cryptocurrency on your own equipment, without large energy costs

We need to save electricity of course, but BTC is expensive also because mining is expensive. But the idea of such mining is not a bad one.  the main thing that it became popular and there was a demand in the market.

Storage devices consume much less energy, mining with a hard drive is the most economical and energy efficient way of mining cryptocurrency.

Does mining on hard drives need a lot of electricity?

Regardless of the stage of the process, are miners protected from interruption?

I agree. You can run new mining algorithms, but the coin must be in demand in the market. If this happens, then we can talk about the success of the project.

Thank you so much for telling me, you can join our telegram group:https://t.me/Seekchainorg and pay close attention,Seek can be the new star, it will lauch on https://hoo.com/ on 25th October, there will be free computing power for all new users to experience mining~

lots of ppl may say POC is dead, but that is because they didn't know about Seek~

I believe with the new advantage it shares, we can earn a lot by investing Seek!

The invitation code of hoo.com

21808236

Anyone has an invitation code for https://hoo.com/

Thank you so much for telling me, you can join our telegram group:https://t.me/Seekchainorg and pay close attention,Seek can be the new star, it will lauch on https://hoo.com/ on 25th October, there will be free computing power for all new users to experience mining~

If I am not mistaken the first word of the announcement has a typo in it so maybe you should correct it if you like. BTW how does one earns a POC reward?

Compared with POW, a large number of hash operations are needed to find the hash value. The operation process of the POC mechanism is greatly simplified, and at the same time it is completely decentralized, which balances fairness and energy saving.

The principle of the POC mechanism: a large number of pseudo-random numbers are generated by some established algorithm, and these random numbers are stored in the hard disk. When competing for packing blocks, only need to scan the disk (P disk) one by one randomly Match to pack.

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.

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.

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.

https://www.youtube.com/watch?v=OkB_e-7fHEU
Seek Chain Meetup Blockchain

not yet, but will soon.

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 ...

   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?

If you want to know more about POC and seekchain, please follow our medium:https://medium.com/@seekchain

Welcome all to join our telegram and discuss with us the new wealth chance!https://t.me/Seekchain

 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.