Does your phone or pc or tablet have a large memory not used? Are you the kind of people who is not the type that always takes selfies or always taking photos and that someone who dont install many games or apps in their phone resulting to having a large amount of storage memory left? Then this one is i guess perfect for you. Introducing:
MODULE is a blockchain-based platform designed to utilize the free storage of smartphones, PCs, servers, etc. as an asset. Using the MODULE platform, one will be able to participate in mining even from a smartphone. Servers and enterprises can also participate in mining.
So imagine earning cryptocurrency in a matter of days just only using the free storage of your phone. Just make your unused asset and earn from it because of mining.
Module’s consensus (mining) algorithm makes it possible to earn rewards by lending out storage space. As the storage capacity of devices progresses and expands, one can expect the various services offered to expand. In addition to issuing new original coins, users will also will be able to develop Dapps (decentralized applications) on the platform.
Whats good about this is that even the people with small profit and only having their smartphones can use this and mine. Because as of now the people that could only mine are those having a nice computers worth thousand of dollars that not anyone can afford. In that sense, Module will implement real decentralization.
Module focused on mobile devices as a way to solve problems such as the power consumption concerns caused by cryptocurrencies and their centralization.
As you can see, there are so much unused storage all over the world. Module wants to use these storage and make it as an asset where anyone can earn money from it.
The PoSTT blockchain was born from the idea to introduce blockchain technology to existing cloudbased servers. The existing client-server solution is plagued by problems of server management costs and hacker attacks. In a client-server solution, the user’s data are stored in the client’s server, and data may leak or be destroyed if the server is attacked. However, this data security problem can be resolved by distributing and storing the user’s data using the P2P method on blockchain. Besides, data can be stored at a lower cost.
MODULE is suitable for storage of sensitive information because its distributed storage keeps data in fragments in many different places. It can be used to store information that should be kept secret from others. In particular, by storing information in a distributed store like MODULE, one can enhance information security through “secret sharing”. In other words, if sensitive information is divided into fragmentary pieces of information and stored in separate places, information cannot be reproduced with only one fragment, but if several pieces are gathered, the information can be reproduced. This Secret Sharing method will be used in blockchain, and to build secure cloud storage for the safe storage of sensitive information.
For more information, you can check out these links:
Website: https://modltoken.io/
Whitepaper: https://modltoken.io/doc/whitepaper_en.pdf
Elqui
https://bitcointalk.org/index.php?action=profile;u=1289601
