HiveNet - The Next Generation of Cloud Computing

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

The invention of the computer is one of the greatest advances in human history. That changes how we do work and thus revolutionize the world industry. Then, the Internet and its global distribution have changed the way we communicate, how we share information and how we learn.

The HiveNet project is now registered at Positiveblockchain.io because of HiveNet’s future contribution to reducing electronic waste and protecting our environment.

HiveNet will offer its users the opportunity to safely rent out their computing power during the time the computer is not in use. In this way, less resources must be consumed to build new computers and less electronic waste is created. HiveNet motivates users to participate by giving them advantages for their computing resources.

What is HiveNet ?

HiveNet is a Distributed Cloud Computing Network, which connects computers all around the world to perform valuable computing tasks. Can you imagine your computer earning money while you sleep? HiveNet turns your computer’s idle times into an income! During these times your computer’s power is securely rented out to paying customers who perform their calculations (e.g. scientific research, weather forecast, big data analysis).

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 of paying customers to your computer. All you need is a computer with an internet connection.

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

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.

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.

HiveNet Ecosystem


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.

Pre-Sale Metrics
  • pre-sale starts on 24th of September 2019
  • pre-sale ends when the IEO starts (planned for November 2019, details will be announced in due time)
  • base price: 0.08 USD per HiveNet Token (HNT)
  • for early birds: up to 25 % discount depending on the time of purchase
  • minimum purchase amount during pre-sale: 10,000 USD

How to buy?
  • Step 1: Get whitelisted by registering HERE
  • Step 2: We will check your input and notify you, if we could whitelist you
  • Step 3: We will send you the legal framework, which consists of the Purchase Contract (with the information you provided during the whitelisting) and the Token Sale Terms and Conditions
  • Step 4: Conclusion of Purchase Contract
HiveCoin Allocation at Mainnet Launch


Roadmap


Team & Senior Advisors





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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