Welcome my friends to a new interesting ICO today and let’s see their great idea:
Decentralized Cloud Storage of Valuable Data on blockchain
Memority is a blockchain-based stage for encoded decentralized distributed storage of profitable information. Memority’s central goal is to make an independent environment that incorporates numerous applications to address the issues of organizations, government associations what’s more, people in the ultra-secure capacity of a wide range of profitable information.
The project vision, goal
Memority’s main goal is to make an independent community that incorporates an assortment of uses to address the issues of organizations, government associations and people in ultra-secure capacity of a wide range of profitable information.
The Memority API enables outsider engineers to make work area and online applications for decentralized scrambled stockpiling of different sorts of information without an extensive examination concerning specialized points of interest of the blockchain innovation. Designers of such applications are remunerated with part of all information stockpiling installments for records that were transferred with their applications.
The project platform
The stage incorporates a gathering of autonomous stores from around the globe, which depend on PCs of clients who have given a piece of the memory of their hard drives for record stockpiling. To guarantee a high level of information security, 10 duplicates are made for each of the put away records, trustworthiness and genuineness of which are always checked.
In the event that the quantity of document duplicates is deficient or the duplicates have been fashioned, new duplicates of the first document are naturally made for new hosters. The procedures for confirming accessibility, genuineness and recuperation of records are autonomous from the document proprietor and will work self-governingly as long as the documents stockpiling in the framework is paid for. Information security is guaranteed by encoding the record when it is stacked into the framework with a private key, which is put away just by the information proprietor. Access to the substance of the information is conceivable just with the assistance of this private key.
One of a kind hash identifiers of information are put away in a blockchain database, so it is difficult to erase documents, to manufacture them, or to produce data about putting away records. All previously mentioned permits uncommon records assurance from erasure and fraud. The inspiration component for hosters (individuals who give a physical memory of electronic gadgets for information stockpiling) is gone for associating the same number of common PC clients as conceivable with the framework to boost the quantity of free storehouses. Such a framework will work with client information security regardless of whether there are no more designers of stage based applications, engineers of the stage itself, or up to 90% of hosters are lost in the meantime. Full independence, the implicit self-cleaning component what’s more, the decentralized idea of the working enable the framework to exist and work for numerous years without outside administration.
How it works
Crafted by Memority depends without anyone else MMR tokens, the exchange history of which is likewise recorded in blockchain. The installment usefulness is given by the arrangement of smart contracts, which secures interests of all framework members and continually cleans the stage from superfluous records.
The information proprietor can give space on his gadget, in this way picking up the capacity to store his information for nothing out of pocket. This plausibility is coordinated, in addition to other things, to extending the system of hosters, by incorporating normal clients in the arrangement of PCs. Memority API enables outsider designers to make work area and online applications for decentralized encoded stockpiling of different sorts of information without a long examination concerning the specialized subtle elements of blockchain innovation. Designers are compensated with 5% of installments for all put away records transferred through their applications.
The production of new applications will trigger the promotion of Memority, and an significantly more prominent inundation of hosters and clients, which will decidedly influence crafted by the stage.
Mining & MMR token
Mineworkers get MMR tokens remunerate for guaranteeing the framework is operational. Between every one of the excavators who take an interest in the formation of the square, 5% of the installment for all records, passages of which are contained in the square, is dispersed. The stage utilizes Proof of Authority, so the figuring power is unimportant to the procedure of squares creation and won’t increment with time. This is substituted with mineworker’s power that they demonstrate by having a substantial stake in the framework. Along these lines, a constrained number of tokens is issued, and mining commissions will be charged while paying for record stockpiling.
2017 : Start of platform development & Closed Alpha release
- Memority Open Alpha release
- Users feedback collection & Beta release
- Memority platform 1.0 development Start
- Client application optimization
- Platform architecture optimization
2019: Memority platform 1.0 release
The Project Team:
Memority has been designed and created by a highly experienced team of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.
- Ilya Ratovsky – CEO
- Stanislav Rubtsov – CTO
- plus the Memority team & advisers
- Token: Memority
- Abbreviation: MMR
- Platform: Ethereum
- Accepting: ETH, BTC, BCH, LTC, Fiat
- Total supply: 1.5b MMR
- 1 EMT = $ 0.1
Main Sale Tokens availability:
- Start date: 31.May.2018
- End date: 30.Nov.2018
About the author (BCT profile : I post ONLY on IcoTrick.com)
My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.
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