WHY UNCLEMINE STARTED ON SOLANA

WHAT IS UncleMine?

UncleMine is the first fundraising, #DeFi, and #DAO platform supported by provable mining assets is. By using a zero-knowledge-based VMA Oracle, UncleMine puts both real and virtual mining assets into the on-chain ecosystem, allowing the Defi world's infrastructure resources to move freely.

OVERVIEW

UncleMine Protocol's main goal is to use cryptography technology to transform all forms of computing power into universal and verifiable on-chain proofs, realize the true mapping between off-chain computing power and on-chain smart contracts, and provide computing resources and power with liquidity, programmability, and composability.

UncleMine aims to redefine the type of computing power in the next-generation Internet by utilizing cryptographic technologies like zero-knowledge proof to integrate on-chain liquidity and off-chain computing resources, break down barriers between different off-chain computing resources and virtual worlds on blockchains, create a smooth financing channel to assist MA holders, and open to provide MA liquidity as a new on-chain asset.

WHY START WITH SOLANA?

Almost all smart contracts will be compatible with UncleMine, but because to the specifics of the product architecture, UncleMine will first launch on the Solana blockchain. This covers ecological building projects connected to UMOL and UMIGL as well as smart contracts. Solana is an up-and-coming, high-performance public chain with quick ecological development and good scalability. Only BSC and Ethereum have more asset transactions per day than Solana. The Solana will receive UncleMine first due to the following factors:

• The evidence of processing power must be instantaneous, and the proof data must be directly saved on the blockchain so that other DeFi applications can use it. In this situation, Solana has a bigger edge over other public chains. To enable the direct on-chain storage of all evidence without the use of external storage, UncleMine created a layered storage solution on Solana. The development of a new paradigm for Solana ecological applications is being explored in this article. Following an assessment of the code, UncleMine will also make this storage solution open-source.

• The majority of the DeFi initiatives on Solana are new, although they are expanding quickly. In order to encourage shared development, UncleMine intends to introduce computational power resources in the early stages of the ecological DeFi project.

In the future, UncleMine will support more widely used public chain ecosystems, enable cross-chain computing power asset transfer, and be interoperable with a wide range of diverse ecosystems.

@UncleMineNews #DeFi #mining #staking $USDC #APY #farming #filecoin

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