Module - a decentralized network, as a data warehouse

Module - a decentralized network, as a data warehouse | Ecency

Greetings to all readers. I present to your attention the project Module, which can be relevant for each of us. The project offers those wishing to provide memory not used in gadgets for a fee in the system's tokens.

Ecosystem Module

Module is a platform where any user of a smartphone, tablet or personal computer, installing an appropriate application, can earn tokens by allocating a specific place in the memory of their device for a certain period of time. This site will be involved in a cloud storage network for encoded information that is stored on the basis of p2p (peer to peer) smart customers who wish to keep them.
Despite the fact that the distribution of content is planned around the world, the focus is on the third world countries, for residents of which even small amounts of additional earnings play a significant role. Testing of the beta version of the application is expected in October this year. Thanks to the security of the blocking and the secrecy of distribution, the MODULE application can be used in finance, logistics and other areas related to official documents.
With the expansion of the number of participants, it is supposed to provide an opportunity for everyone who wants to develop their own blocking applications. The existing smart contracts and secure blocking will also enable start-ups with the launch of their own ICO (initial coin placement)

Members of the ecosystem

The unique protocol of ProSTT (proof of space, time and transaction) - the confirmation of space, time and transaction - allows customers to pay for storage, transfer of data to ecosystem tokens in proportion to the amount of memory and time for storage, the number of transactions. During the formation of the storage, the following sites are involved in the lease:
• Verifier - a node that needs a place to store its information, in other words, a client.
• A farmer is a node that provides free memory to host data and earns it coins.
• Miner - a node that confirms transactions with a smart contract by creating new blocks in the chain of blocking.
The connecting server is located separately from the cluster and is designed to connect the farmer and the verifier, monitor the network and the host, as well as store metadata and select a farm network that is based on calculating the location of the closer device.

Principle of operation

ECC cryptography is a method based on the use of an elliptic curve over a finite field. The ESS needs a lesser key to ensure greater resilience compared to other systems. Using this method of encryption, the verifier encodes the information and divides it into several fragments that are randomly allocated to save to farmers. For additional protection, the encrypted fragments are copied repeatedly. The connecting server passes the data of the farmer to the verifier to transfer the coded fragment to it for storage in exchange for tokens in accordance with the smart contract.
For calculations as a result of transactions, users pay a commission depending on the load on the network. The cost of this commission is denoted in units called "gas".

Platform Advantages:

• Security and lower prices
• Tracked payment for mining
• Efficiency through smart contracts
• Great potential for development and expansion
• High protection of information from hacking and loss

Details of tokens and krausejl:

Coins MODL is an ecosystem utility used to calculate between participants.
⇨ Ticker (short name): MODL
⇨ Type of the token: Type of the token: ERC20
⇨ Presale (pre-sale): 16 -31 July 2018
⇨ Price: 1 MODL = 0,008 US dollars
⇨ Bonus: 7%
⇨ Crowdsdale (main sale) : August 1 - September 30, 2018
⇨ Soft cap (minimum target): 5,000,000 USD
⇨ Hard cap (maximum target): 18,000,000 US dollars
⇨ Total cap (total): 15,000,000,000 MODL
⇨ Tokens for sale: 2 250 000 000 MODL
⇨ Restriction on countries: USA, China, other countries, where prohibited by law
⇨ Payment method: BTC, ETH, LTC, Dash, Zcash, ETC or USD (bank transfer)