Ngin: Engine for Future
Ngin is a decentralized peer-to-peer blockchain-end network and serve basic websearch service, designed to be used by developers or merchants as not only payment but APP developement platform. The search engine can do plenty of things. Like google's services, all from its search engine. So based on the blockchain-end search engine, the Ngin, the developer can build attractive APP and the merchant can safely transaction without consider the source of user. Most important, the user dont need to consider their info private - because on chain it will must be anonymous...
Search engines are at the heart of the Internet. In order to embrace the new century of blockchain and serve each user, we decide to build a new search engine based on blockchain technology and named it "
Ngin" (pronounced "Engine" ).
What are the
advantages of a blockchain-based search engine?
1. It's completely free and doesn't require any tracking or registration.
2. There is no advertisement at all.
3. Every corner has encryption.
4. More business development. (born from an internal project and will work with other traditional companies)
5. Iterative proof changes (PoW - > MN + PoW - > MN + PoF) will gain more users and support, with more potential
6. Not a scam
7. More services on the search engine
8. Fair mining, CPU only
9. More and more
Now briefly describe it.In this chain, each miner needs to do the job of acting as a "search engine spider", the PoF (acquisition certificate) of the miners' will. When running the mining software, everyone collects the URLs and information of the web pages from the source website, which can be decided by the miners and then push those URLs to the blockchain. To get rid of the push scam, the blockchain system will check every page and every URL and detail. The validation rule is that the url&page will be sent to each MN, and if more than 10 other nodes check 10 blocks, the miner will be rewarded. Therefore, by constantly pushing the site and details into the chain, they will get considerable benefits from the chain.
+-----------------------------+ +-----------------------------+
| Url & Info Fetch Miner | | Url & Info Fetch Miner |
+-----------------------------+ +-----------------------------+
| |
| +------submit with crypto---------------+ + +
| | | |
+---------------------------+ +---------------------------+
| Local/Nation Mining Pool | | Local/Nation Mining Pool |
+---------------------------+ +---------------------------+
| |
| +------verify the result----------+
| |
+--------------+ +--------------+
| (Master)Node | -----mix-----| (Master)Node |
+--------------+ +--------------+
| | +-------------+
| |-------provide service----->| User/Vendor |
| | +-------------+
+--------------+ +--------------+
| (Master)Node | -------------| (Master)Node |
+--------------+ +--------------+
| |
+ +
But in the face of the current situation of cryptocurrency depression, for the initialization phase of the project, we will first choose PoW to attract more participants.
For users who just want to search instead of joining, they can use Google to freely search for what they want. For those who want to do more and get more out of it, they can use tokens from mining to get more advanced search capabilities. What is the search function? For example, historical web page views, search within a limited time frame, more reliable or user-friendly answers, and more.
Due to the importance and future development of search engines on the blockchain, and for the deployment of future features such as PoF, we do not choose to host on any existing public chain. So we decided to build from the bottom. As a result, our team may need a lot of time and money. But we will bear all the pressure and try our best to launch a new kingdom like Google.
In addition, like Google, we build more services behind the main network and provide apis for vendors. Everyone can connect to the new blockchain world through our Ngin.
Ngin Specs
Name: Ngin
Ticker: NG
Consesus Algo: CRYPTONIGHT-M00N
Block Time: ≈ 10 sec
Era Length: 100,000 blocks (~2 weeks)
Total Block Reward: 10 NG
Total Supply: ≈ 360,000,000
Port: 52520
Premine: NO
Presale: NO
Smart Contract Standards: ERC-20, ERC-223...
About the M00N algorithmM00N can be seen as a variant of the CryptoNight algorithm, with sufficient fairness between the CPU mining camp and the GPU mining camp. But it is well known that all algorithms are circumvented by ASIC, so we will update the M00N algorithm every
six months, update its series and parallel processes and sub-algorithms to ensure sufficient ASIC resistance.
About team supportFirst we recognize that some of our members work together – which tends to be more efficient. However, due to globalization and security considerations, we also have some foreign members, and we also expect others on GitHub to participate in the Ngin project.
Our work is mainly supported by the company - but this does not mean that this is a company product, we just have the investment of the main company and other friendly, in essence we are still an open source community team. However, after the product is formed, based on past experience, the main company will have the possibility to take the initiative to take over and take over.
In addition, due to the team's fairness, the initial team did not pre-dig or pre-sell. However, in order to reflect the value of team work at the product level, the team guarantees that after the exchange, it will use the company's investment funds to repurchase Ngin of 5% of the current liquidity, and always guarantee the percentage. Therefore, for investing in digital currencies, Ngin is worth holding for a long time.
Now Ngin supports pool mining!
Download ngMiner and Start mining in a pool in follows.
ALREADY RELEASED 
