Swarm's unique deflation model will drive the mining boom in BZZ, Bzz mining Spring is coming soon? Recently, Swarm has heard a lot of news, which may be the reason for the price of BZZ. Maybe everyone has no patience to wait. The opening of the port on August 2 has still been a while. The big news problem is that the price of BZZ is not that everyone lacks patience to wait, but the concept of "decentralized" port opening.
1、 What type of "mining" mode does SWARM/BZZ belong to?
Since the birth of Bitcoin, one word has been talked about by everyone, that is, "mining". In addition, if you don't know what mining is, it seems that you are not a modern person;
The earliest mining is Bitcoin, which is proved by the workload of POW.
The second generation of mining is FIL, Chia, which is a POC based mining model based on workload and time.
However, Swarm/BZZ is different from the above. It uses a mining method based on smart contracts, which is a more advanced mining mode. Therefore, it is not excessive to call it the third-generation mining.
2、 What are the differences in the operation and development methods of the SWARM/BZZ project?
The launch of the SWARM/BZZ project is a technical development jointly carried out by 32 laboratories around the world, instead of taking it as the central project party to control the currency price of the entire project, and the official and project parties control the currency price trend, pull or smash, which are not centralized project parties to control the currency price of the entire project.
In this ideal free market state of non-human control, the trust endorsement of the "password is the law" of BZZ coins is strong enough. Once the huge market is triggered and activated, and the application market can be fully erupted, the price of BZZ coins will be unlimited.
3、 What's the secret of BondingCurve control logic?
BondingCurve is called union curve in advanced mathematics. From the perspective of application, it is a kind of smart contract. Its other name is monotone increasing function.
Once again, it simply means that the overall growth of money price, that is, the growth of money price and the quantity of money, will form a form of flow and then develop in the direction of spiral growth. In this way, the great decentralized vision of SWARM is to let the entire founding team not control the currency price, but completely hand it over to the smart contract for automatic execution, and complete the self control of the whole network over the amount and price of currency issued by BZZ.
When the application layer of BZZ develops, the demand for the amount of money will increase. When the demand increases, the smart contract will start the additional issuance of money. After the additional issuance of money, the application will increase. In this way, a positive upward cycle will be formed.
People's conventional thinking may be strongly influenced by the Bitcoin economic model, and they tend to believe in the deflationary economic model. In fact, any scientific progress is spiraling, and economic exploration also needs more exploration. In the BZZ project, it will issue more BZZ coins with the increase of BZZ nodes, and its price is also growing steadily. Therefore, The number of BZZ tokens obtained on each node is increasing.
Looks familiar with this model! Many countries and governments are using this curve to control the issuance of their own currencies. Just like our RMB issuance, in the early 1980s and 1990s, we issued about one trillion yuan.
However, when our economy has reached 30 trillion yuan, we will issue a smart contract bondingcurve. When the number of yuan increases, it does not cause its price to fall, and the yuan is increasing in value. Everyone's living standards and purchasing power are increasing, which is fully in line with the actual economic growth of the whole society.
Therefore, the SWARM model has great innovation and is closer to the real world economic model. It can even be imagined that the AI intelligent "autonomous government" has automatically controlled the entire internal ecological economy. Such creativity is really "Ethereum"! However, whether it is the widely recognized relative deflation model or the relative lack of blockchain theory and practice, the practice may take a little time, and we also need some tolerance and patience.
That's it Neutrino network The unique deflation model of Swarm introduced to you will promote the boom of mining in BZZ, and the upcoming spring of mining in bzz. I hope it will be helpful for you. Micronet focuses on the rental and hosting of bzz mining servers. It includes single line and multi line cabinet rental services such as Mobile Telecom Unicom. It is a professional IDC data cabinet rental provider in Jiangsu Province, Professional services such as bzz mining server rental, bzz mining server hosting, Baidu standard customized cabinet, 48U super capacity, reduce user cabinet rental fees. If necessary, please contact Micronet.
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