HIVENET - THE BEST DISTRIBUTED CLOUD COMPUTATION NETWORK

samuraijin September 30, 2019
Hello, meet again with me Samuraijin, I will write an article about the crypto project called HiveNet. For more details, I will discuss it below


 What is HiveNet?

 HiveNet is a Distributed Cloud Computing Network, which connects computers all around the world to perform valuable computing tasks.

 HiveNet is the Next Generation of Cloud Computing

 Around the clock and throughout the world there are many idle computers. HiveNet offers technology solutions for utilizing this idle resource. HiveNet will connect unemployed personal and commercial computers to build a global distributed cloud computing network. This will allow the computer owner to benefit from their computer, when they are not using it.

 HiveNet saves a lot of money

  • Highest Cost Efficiency
  • Highest Flexibility
  • Secure Transactions with the Lowest Costs

Participant on HiveNet
Providers, makers and customers are important participants of HiveNet. Each of them contributes and benefits from their participation.

  • Customer
  • Provider
  • Striker


Customer Payments
Customers will only pay for computing power, which they have actually used. They will pay with HiveCoins or for convenience with their local fiat money (eg US-Dollar or Euro), which is automatically exchanged with HiveCoins on digital currency exchanges. This will generate ongoing and fundamental demand for HiveCoins and will ensure inherent value.

Providing Computing Power
Computer owners will provide their IDL computing power and will be rewarded through a fair share of customer payments. Accurate payments will be ensured and automated with the Prize Giving Application.

Trade and Use HiveCoins
Like other cryptocurrencies, HiveCoins will be betradeable via digital currency exchanges. Also, we will issue a debit card and include widely used online payment systems, like PayPal. Hereby, HiveCoin owners will be able to use HiveCoin savings to pay in countless local and online shops. This way, HiveNet willenable public mass-adoption.

Staking HiveCoins
  • HiveCoin owners will be able to stake their
  • HiveCoin savings to prolong and secure the
  • HiveNet Blockchain. Hereby, stakers will
  • receive newly minted HiveCoins, which will
  • generate an ongoing return on their HiveCoins.
Benefits of HiveNet

Computer Owners
How many hours per day are you actually using your computer?Just imagine your computer earning you some profit during the rest of the day. HiveNet makes it possible by securely delivering valuable computing tasks from paying customers to your computer.

All you need is a computer with an internet connection.

Crypto Traders
HiveNet has its own inherent cryptocurrency: the HiveCoin. HiveCoins are used to pay for computing power within the HiveNet. Hereby an ongoing demand for HiveCoins is ensured and will create one of the few cryptocurrencies with a real, fundamental value, which provides excellent short- and long-term opportunities for traders

Customers
HiveNet is much cheaper than traditional cloud computing. How? Because many important cost levers that apply to traditional providers (eg Amazon Web Services) don’t apply to HiveNet, because it utilizes the idle times of already available computers. So, there is no need to invest into new computers, housing and many other operational costs.

Nature
HiveNet increases the usage of available computers. Thereby less resources are consumed to build new computers and less electronic garbage is created.Also, the HiveNet Blockchain is using a highly economic Proof-of-Stake consensus mechanism, which is much more resource saving than most available blockchains.

How it works


HiveNet User Client
The HiveNet User Client is the user’s all-in-one tool and includes the computing, blockchain and wallet software modules. It enables an easy and user-friendly handling without the need for profound technological know-how.

HiveNet Blockchain
The HiveNet Blockchain is secured by a highly efficient

Proof-of-Stake consensus mechanism. It is specifically optimized for the HiveNet and combines high security with fast transactions.

HiveNet Task Management System (HTMS)
The HTMS is the core technology of the HiveNet’s decentralized cloud computing network. It ensures the optimal orchestration of customer tasks, the secure validation of computing results and the fair payment of computer owners.

Roadmap


Team
  • Dr. Maximilian Pinker => Chief Executive Officer
  • Dr. Andreas Bogner => Head of Technology
  • Qiao Pinker => Head of Finance
  • Evelyn Gu => Senior Marketing Manager
  • Debasis Ratha => Senior Software Engineer
  • Manish Chibba => Senior Software Engineer
  • James Lee -=>Software Engineer
  • Tatiana Tsutsor => Communication Specialist
  • Thomas Wunder => Communication Specialist
  • George Qiao -=>Multimedia Expert
Senior Advisors
  • Dr. Matthias Besch => Senior Advisor
  • Sebastian Daschner => Senior Advisor



If you want to know more about the HiveNet project you can visit the link below, Enough for my writing this time which only discusses some important points of this project, for more information please visit the link below


Bitcointalk username: samuraijin
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