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Technology of Smoke.network (part 1)

Delegated Proof of Stake Consensus Model  Smoke.Network operates on a standalone Delegated Proof of Stake (DPoS) blockchain based on a fork of the latest version of the open source Steem software. Invented by Dan Larimer, the hugely successful founder of both Bitshares and the upcoming EOS platform, DPoS has a number of distinct advantages over competing consensus models such as Proof of Work (PoW) employed by market leaders such as Bitcoin and Ethereum. Bitcoin miners running its PoW algorithm use massive amounts of electricity [NYTIMES 2018] and build large infrastructure to supply the proof of work needed to claim new Bitcoins. This work is largely going to waste. DPoS provides a combination of speed and scalability that current PoW chains such as Ethereum lack without the large environmental impact and high computing costs. We believe this technology, already implemented successfully on Bitshares and Steem, and in the upcoming launch of the new EOS platform, will provide our
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SMOKE.NETWORK - Problems with social media and cannabis

Problems with social media and cannabis.  Traditional social media platforms such as Facebook, Instagram and Twitter have a number of problems that plague cannabis related content. These include but are not limited to the following: Censorship Cannabis-related content is often censored and/or removed without warning on popular social media platforms. Many users have reported having Facebook pages with tens of thousand followers being shut down without warning [VICE 2017] simply for posting Cannabis related content. Even legal cannabis businesses are often targeted [CNBC 2017] with some even having their pages shut down multiple times in the same year [CNET 2018]. This creates an environment where cannabis users and businesses are constantly at risk of losing their social influence [ADWEEK 2018] due to interference from anticannabis advocates. Cannabis content can often be flagged and users can lose their groups consisting of thousands of passionate followers. The ‘Walled Garden’
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Background - SMOKE.NETWORK

The Exploding Legal Cannabis Market Research from industry experts points toward a 60% year over year compound growth for the legal cannabis industry as a whole [FORBES 2017] from the current estimated global market size of $7.7 billion to reach $31.4 billion by 2021. Smoke Network is positioned to take full advantage of the growing global legalization movement and the impending legalization of recreational cannabis globally. Based on stats from the United Nations’ World Drug Report [UNODC.ORG 2017] there are an estimated 182 million cannabis users globally, with 40 million of those users residing in the USA. By cornering a portion of this market, Smoke Network aims to create a vibrant online community centered around cannabis culture that benefits all participants in the network. The market for cannabis social networks has already been validated by competing websites and apps which have millions of users per month and have IPO’d valuations of as high as $5 million [CRUNCHBASE 2018].
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SMOKE.NETWORK - The Worlds First Blockchain Cannabis Social Network

Smoke.Network is a pioneering social media application for the cannabis community designed to reward users for their participation on a blockchainbased social network. The rewards are self-funding and the blockchain and all data is decentralized and owned by its users. It features an incentivized, distributed open source blockchain inspired by Dan Larimer’s ideas on an Autonomous Mutual Aid Society [BYTEMASTER 2015] and is powered by a Delegated Proof of Stake consensus protocol. Rewards are issued to users who make a meaningful contribution to the community through posting original content and through curating and upvoting high-quality content. Unlike other popular social networks, Smoke.Network is not controlled by a central authority. There is no single person that can modify the rules or governance of the application, or censor any users from accessing the application. The network is instead owned by all users and token holders in a distributed manner. This creates an incentive
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Smoke Network Launches Blockchain That Rewards

Smoke Network, a community-driven social network, hope to solve a number if issues in the global online cannabis community. Through the Smoke Network, cannabis users can benefit from a great platform to share cannabis content  easily with friends as well as get accurate information about cannabis strains and dispensaries while at the same time offering experienced cannabis users and growers a way to get paid for their insights. The Smoke Network network will be built on a DPoS  blockchain  for scalability and efficiency. In addition 50% of all distributable tokens will be airdropped onto Smoke Network subscribers  in order to help create a sustainable distribution model for the network through an airdrop event running from the 15th of February 2018 through to the 1st of July 2018 At Smoke Network we strongly believe in the real world potential for an uncensorable cannabis social network inspired by the thriving global cannabis community and our experience running and launching a
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Smoke.Network

Hình ảnh
Overview Symbol SMOKE Token sale opening date 15. Aug 2017 7 months ago Token sale closing date 15. Sep 2017 6 months ago Concept Smoke.Network is an incentivized, distributed social media application for the cannabis community, that rewards users in cryptocurrency for reviewing strains, interacting, creating content, and engaging others. The rewards are self funding and the application is completely decentralized and owned by the users with an incentive to grow the network together.  Smoke.Network is a decentralized and immutable decentralized application (DApp) tailored to the needs and wants of cannabis users and SMOKE is the coin that powers it. To learn more read our about page, pitch deck or whitepaper. Our first minimal viable product (MVP), Smoke.io is currently in development and is scheduled to be released in Q2 2018 Team Members Jonathan Hunter - Cofounder Patrick Meier - Cofonder Joseph Ashburner - Cofounder Nathan Stern - Security
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ABOUT VENDOREUM

Hình ảnh
                                           VENDOREUM This is a new generation of cryptocurrency and ecosystem of services! The main goal of Vendoreum To create ecosystem of services, stores and service providers, where the main and only currency will be Vendoreum. Solving problems We've seen the problem is that cryptocurrencies live their own lives, and don't help in solving everyday problems. That's why we decided to create a project Vendoreum, which solves all these tasks. ASIC protection We modified the CryptoNote algorithm in such way that it became unavailable for mining devices by ASICs. Also you shouldn't be afraid of firmware updates for them, because we will change algorithm again and work of ASICs will be meaningless. Mining of coins with the specialized devices contradicts our policy: «availability for each user», therefore we will always be against such devices. Features of Vendoreum project Two decimal places Only t
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