No Blockchain is more decentralized than MODULE blockchain 4.0

in #cryptocurrency6 years ago (edited)

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The society today is patterned in a way that creates divide between the affluent and the impoverished. The former controls much liquid currencies and assets and therefore, calls shots more than the latter. The blockchain technology was conceptualized by Satoshi Nakamoto in the early months of 2008; a time when the world was battling with global recession. The technology would later go on to play host to cryptographic currencies and on its own, the technology did well in redistributing resources.
Therefore, many who were at the lowest ebb of finances literally climbed the ladder of affluence. At the moment, speculations are rife that the blockchain is expected to usher in the fourth generation.
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This move might not be actually a great idea given the fact the blockchain itself is still battling with the high power consumption posed by the Proof-of-Work consensus mechanism. Likewise, the Proof-of-Stake consensus worked against the dictates of the technology by bringing centralization.

MODULE is a blockchain platform and cryptographic currency that is expected to actually work with decentralization – a concept that the blockchain was actually developed for. It wants to decentralize the system and at the optimum, also solve other issues such as the one posed by the PoW and PoS consensus mechanism.

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Mobile Mining:
While MODULE actually wants to create a platform that would be a symbol of the gospel of decentralization preached by the blockchain, it also looks at other areas. Of special interest is mining. It is common knowledge that mining is one aspect of cryptographic currencies that is not to be overlooked and investors on their part are aware that there have been decline in this.
Recently, it was discovered that breaches such as Sybil attacks are encountered during mining. More worrisome is the obvious control of mining by few persons who were opportune to have many coins in their kitty. With this, the line between the rich and poor continues to deepen. Since users are expected to deploy power and storage for mining in return for token-rewards, MODULE on its part focused on a better variation to this.

Have you attempted mobile mining? It would interest you to know that the latest smartphone you use in holding chats over the net can actually create millions for you. MODULE aims at making mining possible on mobile devices. This approach was necessitated by the fact that more storage is available therein and there was need to create another means of mining.
Through your smartphone, you can take part in mining and other parties such as servers can do so. The core benefit of this scheme is that users can easily mine from their devices as opposed to overt control exerted by miners who obtained relevant mining tools.

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Feasibility of Mobile Mining:
Before MODULE embarked on this project, it had taken time to look into its possibility and future prospects. At the moment, virtually everyone in the world today has a mobile phone and about 2 billion persons are in possession of smartphones. If you’re conversant with storage functionality of mobile devices, you must have realized that the RAM and ROM are important to its scalability. MODULE focuses on the ROM/internal storage of every smartphone. It has speculated that about 16 GB storage capacities are not in use in smartphones and when multiplied by 2 billion devices, we have roughly 32 billion GB that are not in use.
The best way to utilize these spaces is deploying them to mining. Thus, the over 32 billion GB storage spaces that are not in use in over 2 billion smartphones can be delegated to mining on MODULE and the users will be offered token-incentives.

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Mining Protocol:
MODULE has a new consensus mechanism, Proof of Space, Time and Transaction. This protocol will ensure decentralization of storages and clients who wish to use it will have to transmit and store their data using the MOUDLE token. Aside mining tokens/coins for data storage, miners will also help in block development. Their control of these blocks will be determined by the transactions, storage time and space that are mad available by the network.

Technology:
MODULE also empowers creation of DApps in addition to creation of new tokens. For its technology, MODULE uses a Peer-to-Peer Cloud Storage Network; a medium that empowers end-users’ data transmission without using any other users’ storage.
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Token Distribution:
Crowd-sales: 20%
Mining: 60%
Incentives: 5%
Team: 15%

Token Specifications:

Ticker: MODL
Platform: Ethereum
Standard: ERC-20
Token Type: Utility Token
Token Supply: 150 billion
Exchange Rate: 1 MODL= $0.008 USD
Soft Cap: $5 million USD
Hard Cap: $18 million USD
Accepted: Ethereum
Registration Country: Cayman Islands

Meet the devoted Team and advisors :
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Conclusion:
MODULE literally bridges existing gap between the affluent and poor crypto investors by opening a level-playing ground where all parties can mine even from their smartphones. With the little storage space left in your device, you can participate in mining and earn some rewards. The platform is also looking forward to a future where all users can be financially-independent by mining and earning incentives using their smartphones. Thus, MODULE is ideal for brining disruption to the blockchain and is better variation to Blockchain 4.0.

USEFUL PROJECT LINKS :
website : https://modltoken.io
Whitepaper : https://modltoken.io/doc/whitepaper_en.pdf
Telegram: https://t.me/module_project
Twitter : https://twitter.com/MODULE_Project
Facebook : https://www.facebook.com/moduleproject
LinkedIn : https://www.linkedin.com/company/module-project
YouTube : https://www.youtube.com/channel/UCQ03N41J4X_kIIrriIxjMzg

Writer's bitcointalk username : deodivine1
Writer's bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292

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