Memority: decentralized data storage on the blockchain

in #ico6 years ago

Memority eng top.JPG

One of the most common problems for all users of the World Wide Web is the storage of data, namely their security. With hacker attacks faced both the largest corporations and companies, and ordinary users of the Internet. Every day there are many unrealized projects to eliminate these problems, but all of them cannot solve this problem. However, the Memority project is ready to change this negative statistics and eliminate all problems related to security on the Internet.

Memority is a modern decentralized blockchain platform for secure data storage. It was developed by Ilya Ratovsky and Stanislav Rubtsov in Estonia in 2017.

Memority features

The basis of Memority is a special data storage system in several points (devices). The information is stored in a coded form. This method of storing data is the safest. Nobody can steal information from you or copy it. The encoding of documents is a private key. Even if several people from your circle will have this key, no one else can steal the data.

The system implies the use of information for the following people:

  • The owner of Internet documents. He pays for the services of the Memority project.
  • The hoster. He accepts a fee for storing data and keeps all documents secure.
  • Developers from the side. Such people can think out how to improve Memority. For this, they will receive a reward in the form of tokens.
  • Miners. These persons support the working capacity of the entire platform. They can only become 10 thousand consumers.

How does Memority work and download files?

  1. The hoster is chosen.
  2. Copies of documents are sent to the hoster.
  3. Copies of the second system are created.
  4. The integrity of all documents is checked six times a day.
  5. Hosters monitor the connection to the Internet and the integrity of all files.

Memority has its own special MMR token. With it, all payments within the project occur. The platform provides 1.5 billion tokens. Their sale began on May 31 and will continue until October 1, 2018. The client receives 15% of bonuses when buying in the first month of sales, in the second month - 10%, in the last month - 5%.

Token distribution:

  • for sale - 53%;
  • investors and the team - 15% each;
  • the reserve will remain 10%;
  • pre-sale sold 2%;
  • bounty program - 1%.

Memority is a huge step forward among innovative technologies. To learn more about the details of this project, as well as to participate in the purchase of platform tokens, visit the official website https://memority.io/ and read the whitepaper: https://memority.io/docs/whitepaper_memority.pdf

Author Cryptozond: https://bitcointalk.org/index.php?action=profile;u=1190894
ERC-20 wallet: 0xE09319CEB0C8cf2029e27F85E1Bcb1159c63aF8e

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