Flowcoin, let the value return to the community, let the interests hold in the hands of people

Flowcoin
4 min readJul 6, 2021

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Foreword,

With the development of blockchain technology to this day, many projects have been successfully implemented, and they have actually promoted the coordinated development of various fields of the Internet. As the first successful blockchain project for distributed storage, IPFS has produced substantial value to the development of society. Nearly half a year since FIL was launched, more and more digital miners have entered the market, and the pledged coins and gas required for computing power packaging are also increasing. At present, the demand for Filecoin in the market is difficult to meet. The data from the side can reflect the current market’s continued optimistic attitude towards the future prospects of distributed storage applications.

There is no doubt that Filecoin has captured the interests of the industry, and it meets everyone’s expectations for the blockchain industry. The model ecology of distributed storage is more in line with the future development prospects of the current market. With the rapid development of the Internet industry, the market demand caused by the increase in traffic volume, a flow data storage ecology with distributed storage as the core target, Flowcoin is made This was born.

Infrastructure is the foundation of ecology

Flowcoin is a distributed intelligent flow data storage application under the underlying framework based on the IPFS model. In the entire ecosystem of Flowcoin, Flowcoin follows that the value should be in the hands of those who participate in the ecological construction. Users spend tokens for storing and retrieving data, and miners earn tokens by providing storage space and bandwidth resources. Flowcoin decentralizes traditional centralized traffic data storage and uses the underlying incentive mechanism to encourage the majority of users to provide their own surplus. Data storage space and idle bandwidth to participate in the ecological construction of the traffic value network. Through the expansion of multi-dimensional variables, it breaks all the shortcomings of traffic data storage in the current market, and innovative changes the operation mode of traffic data storage in line with the actual development direction of society, providing a solid basic ecological support for the future development of the Internet industry.

Protecting personal interests can stabilize ecological value

Every participant (including target customers, digital miners, investors, etc.) will gain income by making effective contributions to the overall network. The more you contribute, the more benefits you get. Through the underlying incentive mechanism, the service attributes of the entire traffic network are improved. In traditional computing power mining, market users with higher computing power levels are more likely to be rewarded, which means that retail investors in the market basically have no profit margins, and the high barriers to entry make many participants daunting. In order to break this phenomenon, Flowcoin adopts the latest space-time proof mechanism to provide a relatively fair operation space for the majority of market users. Users can reasonably divide the income generated according to the proportion of the provided storage space and bandwidth volume in the entire network, and achieve decentralized ecological governance in the true sense. Let the ecological value return to everyone’s hands, and create an ideal blockchain application world in which everyone can participate and everyone can generate income.

Ecological model linkage wealth space

Flowcoin uses transparent rules for organization and management, intelligent division of labor, value exchange, providing services and sharing benefits. Simply put, each individual participating in the Flowcoin network is a distributed node, and all nodes will be participants in the Flowcoin ecosystem. The larger the Flowcoin ecosystem, the more value dividends will be obtained during the development process. The Flowcoin network is built under this model. It provides basic underlying support for the development of the Internet industry by building a complete flow data closed loop. At the same time, it links more wealth effects on this basis, aggregates multi-party ecological value, and creates a social value and social value. The blue ocean of traffic data in the wealth space provides insight into the forefront of future development in the era of traffic.

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Flowcoin
Flowcoin

Written by Flowcoin

FlowCoin, flow data storage creator

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