Many benefits for NGK computing power holders! Free SPC and VAST for you!
The NGK is a distributed storage. As the infrastructure of Web3.0 and the era of digital economy, it has brought new business and economic models to the digital encryption market. However, this is only an important starting point, while the real value is at the back!
To meet the strong mining needs of the NGK ecological builders, NGK will generate the value for the use of data. The NGK official will recently launch two mining products, namely the SPC Star token and its sub-coin VAST.
Mining is currently the mainstream of the crypto market, because the demand and value are too great. Therefore, the SPC computing power reward token and VAST are “nuggets” opportunities.
Decentralization has always been one of the concepts that NGK has been adhering to. It has realized data production and data control in a distributed mode; and mobilized a potentially very large and active data storage market with an incentive model to cope with the amount of data. However, the data itself has no value, while calculation, processing, and analysis can generate value and provide price. The security of data storage is solved. The ultimate goal is how to use it after it is stored; it can mine the value of data under decentralization; conduct SPC Star token and its sub-coin VAST mining, as well as the mining of BGV Defi token. The SPC’s sub-coin VAST is used as the reward for the star value of SPC. The specific rule is that when the computing power of the entire network reaches 8 million, the first star value will be rewarded, and then for every increase of 500,000, the star value will be awarded again. On the day when the star value is awarded, the more SPC held by the NGK computing power holder, the more VAST rewards they will be obtained. By then, the holders of NGK computing power will receive multiple benefits!
The centralized cloud computing (data collection, cloud center and data consumption) inevitably encounters problems of high latency, network instability and low bandwidth. For example, time delay is a fatal flaw in the application scenarios such as autonomous driving. The NGK technology used in SPC and its sub-coin VAST can solve the problems such as network congestion and delay. The NGK has achieved the goal of one million TPS. At present, the blockchain that can truly realize one million TPS is based on the extension of EOS 3.0 blockchain.
So how did NGK accomplish the goal of one million TPS? The NGK can collaborate with block producers to realize fast transaction confirmation. It uses the state channel as a capacity expansion solution, and the state channel as a general payment channel can be used not only to make payments, but also to perform arbitrary state transitions on the blockchain.
