HONEST MINING Discover The Future of Crypto Mining
About Honest Mining
Honest Mining offers a staking platform that make people easily join masternode and earn masternode rewards. We area unit HONEST MINING - an organization with an easy mission: building trustworthy and simple crypto mining that's accessible to everybody. We’re creating cryptocurrency mining heaps easier and accessible for everybody World Health Organization is curious about changing into miners. you may be able to be a region of the community through Associate in Nursing uncomplicated method and begin earning masternode rewards from the commencement. we tend to believe that honesty is gained through transparency. HONEST TOKEN (HNST) is that the native currency of HONEST MINING Platform which is able to be used for all dealings activities. With HNST you may be able to be a part of masternode, get a special discount and alternative /usage. For more info https://honestmining.com/
We’re creating cryptocurrency mining heaps easier and accessible for everybody World Health Organization is curious about changing into miners. you may be able to be a region of the community through Associate in Nursing uncomplicated method and begin earning masternode rewards from the commencement. we tend to believe that honesty is gained through transparency. This company headquartered in Singapore has been operational for a minimum of one year in Republic of Indonesia. The plan, Honest Mining itself can conduct a soft launch in January 2019. the primary Honest Mining platform mining in Republic of Indonesia can come back to the surface to introduce mining means} Honest Mining works to assist build it easier for folks to grasp mining in a better and instant way. The Honest Mining team consists of practiced cryptocurrency and blockchain trade players World Health Organization believe decentralization. Together, reach the mission: to make a reliable crypto mining platform that's straightforward to use and accessible to everybody.
4 straightforward Step of Honest Mining:
- Select a Masternode
- Get your crypto notecase prepared and select the masternode that you simply would really like to speculate in.
- Deposit Coins
- Click the “Commit” button to deposit your crypto coins.
- Select Seats
- Select the seat amount that you simply commit to own.
- Earn Rewards
- Watch as your masternode begin receiving rewards and you get to make your mind up whether or not to withdraw or reinvest.
For more info https://honestmining.com/
There ar risks related to the HONEST MINING platform, the HNST TOKENS and also the staked or rewarded coins (such as tokens and coins along, the “Tokens”). Some (but not all) of them ar summarized below:
A. New Technology.
B. The HONEST MINING platform and also the Tokens, along side all of the options, specifications, use cases and different matters set forth during this whitepaper, ar new and untested technology and should not be capable of completion, implementation or adoption in line with the event roadmap ordered get into this whitepaper. whereas HONEST MINING can create affordable efforts to complete the platform, there is also circumstances on the far side HONEST MINING’s management that might lead to delays, a additional restricted unharness or within the worst case, a functioning platform might not be created in any respect. notwithstanding the platform is completed, enforced and adopted, it'd not operate as meant and any tokens related to the platform might not have practicality that's fascinating, suitable purpose or valuable. Technology is dynamic chop-chop and also the platform and/or the Tokens associated thereupon might become obsolete. though Proof-of-Stake is gaining quality and acceptance, things might modification and a replacement agreement mechanism might replace Proof-of-Stake or a agreement mechanism might not be required.
C. Protocol
D. The HNST TOKENS ar supported the Ethereum protocol. Any malfunction, forking, breakdown or abandonment of the Ethereum protocol or network might have a fabric adverse impact on the HNST TOKENS or the HONEST MINING platform. The no-hit operation of the HONEST MINING platform is contingent upon the no-hit operation of the varied cryptocurrency networks of the Tokens staked or rewarded. Any malfunction, forking, breakdown or abandonment of the applicable cryptocurrency protocol or network (such because the Proof-of-Stake protocol not operating as expected) might have a fabric adverse impact on the HONEST MINING platform and should lead to the loss of the Tokens staked or rewarded.
E. Mining Attacks
F. Decentralised science networks ar in danger of mining attacks, like “51% attacks”, double defrayal attacks, narcissistic mining behaviour, race condition attacks and different makes an attempt by miners or different participants within the network to govern or game the protocol or network. Any no-hit attack presents a risk to the expected correct operation, execution and sequencing of token transactions and contract computations of the Tokens and also the HONEST MINING platform. within the event of such malicious actions, a loss of the Tokens is feasible.
G. Software Bugs
H. The ASCII text file presently (or expected to be) in use for bury alia the Ethereum and also the Tokens’ network and protocol, additionally because the HONEST MINING platform, is completely or part supported open ASCII text file. Such open ASCII text file is also at bigger risk of exploit by dangerous actors examining and seeking to search out exploits at intervals that code. Such open ASCII text file can also be updated from time to time, which can lead to new and sudden exploits. a 3rd party or member of HONEST MINING’s team can also advisedly or accidentally introduce weaknesses into the code base or core infrastructure of the HONEST MINING platform, that might negatively have an effect on the HONEST MINING platform and also the Tokens (including, however not restricted to, the utilization thereof) or lead to the loss of the Tokens or the loss of the flexibility to access or management the Tokens. within the event of such a code bug or weakness, there is also no remedy and users of the HONEST MINING platform additionally because the holders of the HNST TOKENS don't seem to be secure any remedy, refund or compensation.
I. Theft, Misuse or Loss of personal Keys
J. HNST TOKENS nonheritable is also control in digital wallets or vaults, which needs a non-public key (or a mixture of personal keys) to access and use. consequently, loss of the requisite personal key(s) related to such digital wallets or vaults storing such tokens can lead to the loss of such tokens, access to token balance and/or any initial balances in blockchains created by third parties. If the personal keys ar taken, ill-used or lost, the wallets or vaults associated thereupon, and any tokens hold on in that, is also lost. Any third party that gains access to such personal key(s) (including by gaining access to login credentials of a 3rd party hosted billfold or vault service) is also ready to defalcate the tokens hold on in that or transfer the tokens hold on in that to themselves or to a different person. The tokens might not be redeemable and HONEST MINING won't be answerable for any such losses. There also are risks of malware attacks, denial of service attacks, spoofing attacks and different exploits getting used against legitimate users of blockchain code and science tokens. The Tokens is also subject to arrogation and/or thievery. Hackers or other bad actors may attempt to interfere with the HONEST MINING platform or the Tokens in a variety of ways (including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing). Such attacks or exploits may result in private keys being stolen or the loss of the Tokens.
K. Decentralization
L. Although HONEST MINING aims to be decentralized, there are parts of the HONEST MINING platform that is yet to be decentralized or which are inherently unable to be decentralized. For example, HONEST MINING’s wallet system is centralized due to the nature of how masternodes work. Although the team is committed to following industry best practices, such as the OWASP Application Security Verification Standard (ASVS) and CCSC (CryptoCurrencySecurity Standard), security breaches are prevalent and we cannot guarantee that we will not be the subject of an attack or security breach. Security breaches can and will happen due to both external and internal factors.
People Behind Honest Mining
Our team consists of experienced cryptocurrency and blockchain industry players who believe in decentralization. Together, we are achieving our mission: to build a trustworthy crypto mining platform that is easy to use and accessible to everyone.
FOR FURTHER INFORMATION LINK BELOW:
Website: https://honestmining.com/
Whitepaper : https://honestmining.com/hm_whitepaper.pdf
Twitter: https://twitter.com/honestmining
Facebook: https://www.facebook.com/honestmining
AUTHOR
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Profil BTT : https://bitcointalk.org/index.php?action=profile;u=1825272