The World’s First IPFS/Filecoin Compatible HDD Mining Smart Contract

A Public Blockchain Based on Hard Disk Mining for a large-scale Applications in Real Business Society

Data Storage Business Analysis

Solana, A Blockchain Built for Scale
Solana, A Blockchain Built for Scale
Data Storage Business Analysis

The development of the global digital economy has entered a mature stage. According to the China Digital Economy Report published by China Information Committee, the scale of China's digital economy has reached 22.4 trillion yuan in 2016, for about 3.8 trillion US dollars, accounting for 30.1% of GDP; the size of the US digital economy is about 11 trillion US dollars, accounting for about 59.2% of GDP. The new force of the digital economy is still concentrated in the Internet industry. The early development of the digital economy has benefited from the demographic dividend. The rapid growth of the Internet population has provided a natural and high-quality soil for the rise of the Internet industry. The data storage industry, which relies on the digital economy, has also emerged as a number of centralized storage organizations, such as EMC, IBM, Huawei, Google, Amazon, Tencent, Ali and so on.

Block chain distributed

Solana, A Blockchain Built for Scale
Solana, A Blockchain Built for Scale
The Core Project Of Blockchain Distributed Storage:IPFS and Filecoin

White paper released in May 2014, Juan Benet IPFS IPFS - quick index of the peer-to-peer File versioning System "(the IPFS - Content Addressed, Versioned, P2P File System"), published in July 2017 the new Filecoin white paper "A Decentralized Storage Network" (" Filecoin: A Decentralized Storage Network "), IPFS and Filecoin listed to make up the block chain center distributed Storage technology market blank, is A blockbuster.

MinerX Protocol Advantage

Therefore, we propose a MinerX Protocol (MXP), a cryptocurrency that is more energy-efficient, environmentally friendly, and has low barriers to participation and security against attacks. It can be applied to commercial enterprises in a large scale.

MinerX Protocol

Distribution of tokens

The total supply2 billion
Dig in advance150 million (7.5%, 2.5% founding team,foundation, technology developers, 2.5% and 2.5%)
Community ecology incentive5%, with each block mining
Miners dig 1.85 billion
A piece of time About 4 minutes
The initial block size 1200 MXP/Block, 8 MB Block size
The initial TPS 70 transactions per second
Half cycle Every four years by half, about 525600 blocks for the first time in half time
Mortgage mechanism Every T 1000 MXP mining mortgage, unsecured mining without reward
Ore pool node Miners must be affiliated ore mining pool node, see mine pool node scheme in detail
MinerX Protocol Token Economy Model
Solana, A Blockchain Built for Scale
December 2018

The core contributor team is completed, the technical route and economic model of the MinerX Protocol project are investigated.

March 2019

Project officially is launched, the white paper is completed

Q2 2019

MinerX Protocol test online, miners can prepare for the main network mining in advance

Q3 2019

The creation block of the MinerX Protocol network was dug up, opening an innovative mining journey

Q4 2019

Staking function is added to PoST consensus mechanism, mining pool add anti-cheat detection function

Q1 2020

GitHub code source is open, PoST consensus mechanism introduces VDF operation

Q2-Q3 2020

Support users to dynamically switch between Filecoin network and MinerX Protocol network, simultaneously store files and carry out MinerX Protocol mining

Solana, A Blockchain Built for Scale
Core Team
Krassen Mitev

CEO

Krassen Mitev graduated from Stanford University in Silicon Valley, USA with a double bachelor’s degree in computer science and economics. He has 10 years’ experience in the Internet and financial industryand the asset size under his managementis more than $1 billion. He once served as an economic strategy adviser of many listed companies such as SAMSUNG and BOSCH.He has deeply studied block chain financial application and network programming. He is the co-founder of Blockchain Pioneer Club in California, USA and the founder of Select Computer Technology in SanJose, California, USA. He is proficient in multiple languages such as English, Russian, German, Spanish and Bulgarian.

Andrew Cordisco

CTO

Andrew Cordisco is a master of computer science at Massachusetts Institute of Technology and a senior invited visiting scholar of University of Tokyo. He once worked for Google, amazon, etc., and was a senior technical adviser of HSBC. He is an early blockchain researcher and technical expert, and a member of the North American Blockchain Association (NABA), USA. He has deeply studied encryption protocols in cloud computing environment. He is a senior expert in cloud computing and big data, and is dedicated to the global promotion of block chain technology.

Bryan Vincent

CIO

Bryan Vincent majored in computer and information science at University of Pennsylvania, USA. He was employed by Facebookto manage Facebook Instagram framework and beresponsible for the user information access system of billion-level around the world. He has many years’ research and work experience in information systems, big data, cloud computing and business intelligence. He once taught information system change of social media at University of Southern California, USA.

John Squeo

Senior Software Engineer

John Squeo graduated from University of California, Los Angeles, USA, who is a former Apple senior software engineer and has participated in the development, operation and maintenance of APPLE STORE. He has more than 8 years’ experience in software development, operation and maintenance, is familiar with the development and application of commercial software as well asthe bottom technology development of block chain, and has unique views on product management and IT technology guidance and training.

Krassen Mitev

CEO

Andrew Cordisco

CTO

Bryan Vincent

CIO

John Squeo

Senior Software Engineer