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March 24, 2018, 09:02:17 AM |
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TimeBox Coin is a general virtual coin for Memory Blockchain Asset Trust Bank. TimeBox users need to pay TimeBox Coin to get service, and miners who support the fragmentation of TimeBox can receive a specific amount of TimeBox Coin as a reward. TimeBox Coin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol coin which miners earn by providing storage to clients. Conversely, clients spend TB Coin hiring miners to store or distribute data. As with Bitcoin, TB Coin miners compete to mine blocks with sizable rewards, but TB Coin mining power is proportional to active storage, which directly provides a useful service to clients. This creates a powerful incentive for miners to amass as much storage as they can, and rent it out to clients.
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