What is the mining mechanism of bzz currency in swarm project and how should bzz mine? Swarm is totally different from the mining mechanism of traditional projects! Because it has no concept of numeracy, many people wonder what Swarm's mining is? Do you mine here? How is it defined? No matter what project, the essence of mining is the process of obtaining rewards, which is "the behavior of obtaining ecological communication", that is, accumulating evidence. If Swarm is mining, we can focus on incentive acquisition Bzz mining There is no burst mechanism similar to the FilecoinEC consensus, that is, there is no competition for action attributes.
Therefore, Swarm certificates focus on data interaction rather than competitive computing power. Conventional storage projects focus on the storage of effective data. The key is that the data itself is a container. Because Swarm stores "real-time data", it pays more attention to data interaction, that is, links, high-density application scheduling, and fluctuating buffers, making Swarm more like a "data exchange".
The previous test network and the current version 1.0 data are not shared. Therefore, after the official release of 1.0, it is also necessary to build a new version of 1.0. At the same time, node operators also need to download and run Bee1.0. If they do not upgrade, they cannot access the network. In addition, the node operator should configure an XDAI endpoint and pass it as the swap endpoint flag. After the transformation is completed, all miners will integrate into the main network at the first time and run nodes on the main network to ensure normal production during excavation, so there will be an empty window period now.
How Swarm Wins a Joint Award
Swarm's incentive system includes three aspects: inventory incentive, discovery incentive and bandwidth incentive. They are service operators such as "storage data", "exploration node", and "bandwidth provider". They are all known sources of invoicing. The service providers obtain checks through these incentive mechanisms, and can settle them into BZZ through the swap protocol (shared storage protocol). Did you find out? Swarm's formal definition of mining is more of a service role. You can see that other projects in the market are the combination of the labor market (primitive computing power accumulation) and the service market. In contrast, Swarm is currently a pure service market. From its reward mechanism, it can be seen that the current operator of the main network mining service.
Swam ecosystem
Swarm cannot exist alone. It requires users and applications using Swarm network to form an ecosystem. Personal privacy data should be in their own hands. Data sovereignty is the key to Swarm network. In addition, data transmission between different applications should also be seamless, which is easier to achieve for decentralized storage.
Swarm's mining is a service to obtain a token. It is different from the traditional reward of computing power explosion. At present, it mainly serves by running the node's storage and publishing bandwidth. At present, the market heat of BZZ has declined. From a macro perspective, this is not a bad thing. Why do you say that? When the cake is big, more people will be distributed, less will be distributed to everyone, and less people will be distributed, so everyone can eat enough.
And now, many people have begun to doubt this project, so I think this is a good thing. The motivation of Swarm is very clear, but it is not clear how much money can be generated by a single node. If the profits of the first mine are very high after the official excavation, then we have a firm belief that we will be able to seize the opportunity to earn a good sum of money.
The above is what the mining mechanism of bzz currency in Swarm project and how to mine bzz currency are introduced by Micronet. I hope it will be helpful for you. Micronet focuses on the lease and hosting of bzz mining server. It includes single line and multi line cabinet leasing 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.
Bzz mining server hosting: hopechilam.com
