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What is the smart contract for ipfs mining? What's the usage?

Release time: 2022-08-17 18:57:24

What is the smart contract for ipfs mining? What's the usage? At present, Ipfs mining Incentive layer and Chainlink are launching a joint funding project to accelerate the development of incentive layer and Integration of hybrid smart contracts of Chainlink. What is the smart contract for ipfs mining? What's the use? Today we focus on ipfs mining Server hosting Let's take a look at the Micron Network, and hope it can help you.


 What is the smart contract for ipfs mining? What's the usage?

According to the official statement, this joint funding plan aims to encourage developers to create a dAPP that combines the incentive layer of Chainlink and ipfs mining (central application), so as to further promote the high integration between the two networks.


Hybrid smart contract means that this kind of smart contract simultaneously uses the code (chain) running on a blockchain, as well as the data and calculation (off chain) outside the blockchain.
This mixed structure has brought more advanced economic and social coordination methods. The hybrid smart contract not only retains the tamper resistant and immutable characteristics of the blockchain, but also improves its scalability, confidentiality and connectivity with real data through the prediction function of offline security.


With the rapid development of hybrid smart contract technology, it can be predicted that a large amount of data will be generated. On the premise of ensuring that the blockchain is not tampered with and available, more storage space is needed.


And The combination of the ipfs mining incentive layer and the Chainlink allows developers to build hybrid smart contracts faster and more efficiently, making dAPP (Central application program) has low-cost and immutable data storage capability.


What is a prophet?
Oracle is an important tool in blockchain applications and the infrastructure of blockchain industry. The smart contract running on the blockchain cannot directly obtain data from the outside, and can only perform tasks in the closed and isolated environment of its own blockchain. Moreover, the oracle is a tool that can input real data outside the chain into the chain and trigger the corresponding smart contract.


As the transmission mechanism of information outside the chain and data inside the chain, prediction can accurately write real world data into the blockchain. In this sense, the oracle machine is like a bridge, connecting the blockchain with external information. In these projects, Chainlink is the leader of decentralized oracle solutions for the current blockchain industry. Chainlink has many node operators resistant to witchcraft attacks, which can effectively form a central prediction network.


The official ipfs mining team has worked with the official teams, such as Ethereum Chainlink and other leading projects have maintained frequent exchanges and cooperation. The further combination of ipfs mining and Chainlink reflects that ipfs mining and The incentive level of Chainlink. We hope that the ipfs mining incentive layer can work with more high-quality projects to jointly build an ipfs mining incentive layer ecosystem with comprehensive functions and rich applications!


The above is what the smart contract for ipfs mining is and what it can be used for. I hope it will be helpful for you. Micronet focuses on the rental and hosting of ipfs mining servers. It includes single line and multi line cabinet rental services such as Mobile Telecom Unicom. It is a professional IDC data cabinet hosting and leasing provider in Jiangsu Province, Professionally provide services such as ipfs mining server rental, ipfs mining server hosting, Baidu standard customized cabinet, 48U super capacity, and reduce user cabinet rental fees. If necessary, please contact Micronet.


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