BURST, which uses hard disk capacity as proof of calculation, opened the first page of POC mining. Compared with the high threshold and high cost of POW, POC detonates the mining industry with energy saving and low price. In 2019, the era of all-people-miners has arrived!
At present, there are many POC projects on the market, so which POC project is more worthy to participate in?
For this reason, we select the four most popular projects in the market, and objectively analyze the advantages and disadvantages of each project from four aspects: token distribution, return cycle, annualized rate of return and market participation.
Brief introduction of five popular POC projects.
1 、 FileStorm.
FileStorm is the first distributed storage platform based on IPFS protocol and MOAC blockchain developed by Silicon Valley engineers in the United States. It can realize the sharing of data storage and enhance the storage and sharing ability of all mankind's data. Through the form of FST certification incentive mechanism, FileStorm links the globally scattered storage resources to form a vast storage ecosystem, providing unparalleled reliability and security for data storage. It is one of the top data storage solutions today.
2 、 BHD.
BitcoinHD (abbreviated as BHD) is a new crypto currency based on Conditioned Proof Of Capacity (CPOC for short). Its main feature is to use the hard disk as a consensus participant, to reduce the consumption of power resources by cryptocurrency, to lower the threshold for participation, and to make its mode of production more decentralized, and more secure and credible. It allows everyone to participate in the mining of cryptocurrency, generating credit and value through mathematical algorithms and distributed mining.
3 、 Lambda.
Lambda is a high-speed, secure and extensible blockchain infrastructure project. Lambda is the data storage infrastructure of the blockchain, with its own chain for billing, trading, encryption, and access control. LAMB is a native token of the Lambda project and can be used to create memory and storage resources that consume nodes.
4 、 Sinoc.
SINOC calls it Storage internet Nova Optimum Chain, which is a public digital money system software for storage and mobile game industry chain created by crypto currency cloud storage technology. Its key technology is the application of Ethereum smart contract blockchain application, crypto currency cloud storage technology and its POC volume proof consensus. .
5 、 GN.
GN will create a new generation of fog CDN, that touches tens of thousands of smart devices, making them network nodes. GN as the POC consensus mechanism of Ethereum, equipped with smart contracts to support other types of POC projects to quickly complete token issuance, but also the use of mature hard disk mining technology to help GN side chain quickly establish their own POC mining ecology.
2. Comparative analysis of mining participation degree of POC.
1. Proportion of token distribution.
Most of the Token mechanism design of the POC project is divided into two parts, one is the pre-excavation part, generally speaking, this part is directly to the team, the other is the mining part of the miners. In the Token mechanism, the greater the proportion of pre-excavation, the more the interests of the miners are diluted. The project with the most dilution of the interests of the miners is that the Token interests of Lambda,60% are occupied by the project party, and the least dilution of the interests of the miners is that the Token of GN,90% belongs to the miner, and the other 10% is not given to the project side, because GN does not have a project party. This part is given to non-profit organizations, so it can be seen that the benefits of GN to the miners are maximized.
2. Expected return cycle.
Return cycle does not consider the cost of physical mining machines, because there are too many varieties of mining machines and professional mining machines, as well as the electricity network speed of each region varies greatly, the cost is difficult to quantify, so only the pledge cost is considered. The slowest return cycle is that the input per T capacity of BHD, takes 638 days to return, that is, more than a year to return, which for the periodicity of the crypto currency circle, the longer the time, the greater the market risk, maybe a bear market will occur in a year's time. The shortest return cycle is that the GN, per T capacity input only needs 2 months to recover the cost, and the mortgaged GN can withdraw at any time, do not have any lock seizure, the benefits and risks of the miners are optimal.
3. Annualized rate of return.
The main concern of miners is, of course, how much benefit the project can bring to them, so the annualized rate of return is the most important indicator. The lowest annualized rate of return is only 57% of BHD, with additional conditions. If the mining mortgage is not enough, BHD miners will only get 30% of the maximum return, in the case of full mortgage, the miner can only get 95%, and 5% will be included in the foundation for marketing. Lambda has also set up similar rules, with miners adding a verification miner pool, 25% allocated to the corresponding certification miner pool and 75% of the proceeds to be allocated to the miner, which is equivalent to diluting the benefits of the miner in disguise. The annual benefits of GN is 608%, which is the highest annualized returns, are all attributed to the miners, with no additional conditions attached.
4. Market participation
At present, the hottest POC project on the market is BHD, but compared with other POC projects, BHD is not young, which means dividends for early participation lefts not much. The later POC projects FileStorm, Lambda, GN are better than the old projects in terms of mining production and return cycle, because they are in the dividends period. The latest POC project is GN, which was launched at the end of July. GN is the hottest, and operates the greatest activity, its mining production and return cycle are better than the other three projects, and the market participation is the highest.
Conclusion:
Through the comparative analysis of the specific data of the above four aspects: GN gives the biggest benefit to the miners, the return cycle is the shortest, and the annualized rate of return is expected to exceed 600%. As a result, for miners and investors preparing to enter the POC field, GN is a new opportunity for wealth that should not be missed.
