Encryptopedia- Substratum (SUB)
I. Overview.
Substratum, also known as Substratum Network, is a blockchain protocol where encryption is emphasized as the main catalyst for the blockchain to be created. This p2p protocol will help ensure an environment where data protection, censorship and other security factors are prioritized through decentralization. This will help the ecosystem and its user being able to transfer data and other information in a secure method by utilizing cryptographic code and various method. This will ultimately remove the need of a central server where all data will be stored, remove the risk of data being breached by another party.
II. Technical Specifications.
Name: Substratum
Ticker: SUB
Algorithm: ERC-20
Maximum Supply: 472,000,000
Circulating Supply: 383,021,000
Protocol: ERC-20
Market Cap All Time High: 658,006,000 USD (January 9th 2018)
Exchange: Binance, Kucoin, OKEx, Hitbtc, COSS, Tidex, Radar Relay
III. Fundamental Specifications.
There are a few key feature of Substratum Network and the token used in the ecosystem (SUB). The SUB token will give a way to monetize data by utilizing the p2p network in order to compensate the node holders through microtransaction.
There are 4 different factors that worth mentioning in this page:
SubstratumNode: a universal infrastructure ( executable in any OS) where people can participate in contributing to the ecosystem either by running the web and transmitting data, receiving SUB as a payment, or by paying SUB to the network in order to enjoy the extra power that the Substratum Network provides.
Substratum Score: A Dapps marketplace where developers can submit their Dapps up for sale.
Developer ToolKit: A bundle for developers to compile the application on the network. This toolbox incorporates SubstratumDB ( an administration framework), SubstratumWeb (web application server), and SubstratumApp ( application system and communication server)
Substratum DNS: This DNS framework help connects any standard program to get to peers through the Substratum Network. This will help connect the user to the closest DNS-powered server that can guarantee optimal speed and connection without losing too much data during the process.
IV. Coin Index
it's really beautiful!
So the primary use of this crypto is for data transmission?
So the primary
Use of this crypto is for
Data transmission?
- nuoctuong
I'm a bot. I detect haiku.
Not just that one use, there are so much more. But the main idea is the Internet of Things where you can sell/buy some computing powers.
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Been following Sub for a while now. Looking strong! Just hope I can get more fiat to scoop some more.
Also something to keep in mind, always have some fiat in reserve. Never buy everything in at once. Hopefully things will come back up and you will be okay !
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Nice one
No problem man. If you like my series, please do follow, I will post more often !
Interesting read. How is this different than any other existing blockchain protocols?
The idea is there. Many several other projects also aims at IoT. However, there are some edges between these projects and Substratum is among the more competitive IoT project out there
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