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Bzz mining starts to warm up. Let's talk about the origin and principle of bzz mining

Release time: 2022-07-15 16:21:46

Bzz mining starts to warm up. Let's talk about it with the neutrino network Bzz mining Origin and principle. Swarm's idea came into being in the early discussions between Vitalik Buterin and Gavin Wood about Ethereum. Vitalik Buterin once wrote an article reviewing the history of Ethereum. He said that Gavin was largely due to the subtle changes in his vision. First, contracts based on blockchain (holding digital assets and transferring assets according to preset rules) will use Ethereum as a platform to build programmable currencies, and then develop into a general computing platform. It starts with subtle changes in focus and terminology.


 Bzz mining starts to warm up. Let's talk about the origin and principle of bzz mining

Later, with the development of "Web3.0", this influence is also growing. The latter Ethereum is part of a set of decentralized technologies, and the other two are Whisper and Swarm.


The relationship between Ethereum, Whisper and Swarm in the trinity architecture, according to the original assumption, Ethereum is trinity. The computer consists of three parts: calculation, storage and communication. Ethereum plays the role of computing. Whisper and Swarm provide storage and communication functions respectively. Swarm recently introduced that Swarm includes storage and communication functions.


Swarm project was launched in 2015, initially funded by Ethereum Foundation, and later split into independent institutions. Swarm completed the financing of US $6 million in February this year, with investment institutions including KR1, HashKey, NGC Ventures, etc. The company disclosed in the financing announcement that the core team has 32 members, divided into 8 groups. Leet Squad, Bee team, Bee JS team, Comms, HR, DevOps, Ops and Knowledge management.


What is swarm?

Swarm is an official part of the Ethereum project, which is mainly developed by the foundation (now the project has been independent and does not belong to the Ethereum Foundation). It allows pool storage, bandwidth and computing resources to support applications based on the Ethereum network. The team strives to establish a point-to-point storage and service solution that is non-stop, zero failure, and audit proof. Swarm has established an economic incentive system to promote the payment and transfer of resource exchange value by using different protocols and technologies in the Taifang blockchain.


Swarm's decentralized content storage and distribution service can be used as a CDN and spread on computers through the Internet. You can run the Swarm node and connect to the Swarm network, just like running the Ethereum node. It is similar to BitTorrent or IPFS. ETH is used as salary incentive. The document is broken down into small pieces and allocated to the participating volunteers for storage. Nodes that use ETH to store and process data blocks, and ETH gets compensation from nodes that need to store and retrieve data services.


Swarm project has four core parts, one is the underlying P2P network, the other is the distributed storage service, the third is to provide advanced data access as the basis of the underlying function definition API, and the fourth is the program application layer based on the Ethereum blockchain network. The Swarm project makes full use of various technologies and protocols. From the perspective of the entire Internet ecosystem, Swarm still belongs to the underlying data storage network system. Ultimately, it will develop various decentralized applications based on the network to serve the entire Internet ecosystem.


That's it Neutrino network The introduction of bzz mining starts to warm up. Micronet will talk about the origin and principle of bzz mining. I hope it will help you. Micronet focuses on the rental and hosting of bzz mining servers. It includes single line multi line cabinet hosting services such as Mobile Telecom Unicom. It is a professional IDC data cabinet hosting and leasing 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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