MinedBlock is a new breakthrough in acquiring assets managed through the best system in its class. This platform creates a medium for fans of digital currencies to be able to mine coins and more practically. Users will be provided with better facilities compared to other very complex . This activity is indeed quite energy intensive. Because the procedure that must be passed by miners to obtain coins or is very complicated. Miners must be able to break the encryption which is the security key of each block that contains digital assets in it. This code-solving solution is not easy because it involves math problems. Therefore, or coins from products are very valuable and miners can obtain more than one asset in return for the mine work they have completed.
are very important things to play in the MinedBlock platform. This is because are involved in most of the processes that occur within the operating system of this platform. The main objective of this platform is also to maximize the use of as mined assets. Therefore, will be discussed further in this article.
MinedBlock applies a system of using 2 digital , namely security and utility . The security is given the MBTX symbol while the utility is given the MBTU symbol. As the name implies, MBTX are preferred to support security facilities. This is a type of Security with the PolyMath ST-20 type. The involvement of this takes place passively, meaning that this is not used for exchange transaction activities with other types of digital currency. But this does not rule out the possibility that MBTX can be used for . What distinguishes it from MBTU is that MBTX can only be done through security exchanges such as Fusang Exchange, which is the first security exchange in Asia and based in Hong Kong. Because this has a high level of security, the buyers of this are limited in number and in circles. The profit promised by this trade is the acquisition of 75% of profit.
MinedBlock will hold the of this security through the STO or Security Offering period. From the offer of by a number of people, users will get a portion of the profit. PolyMath which is the creator of this security is a platform that is run with the network system. This platform is specifically functioned to support the distribution of security with procedures that are safe and in accordance with the rules. Users who want to join the STO period will be required to fulfill special requirements, especially for investors. MinedBlock implements a whitelist system in purchasing so that each prospective buyer must be registered first in the whitelist. Minedblock Whitelist applies KYC provisions in the registration process.
PolyMath ST-20 security rely on full KYC provisions so that they can be released in the form of a mid-level security system in the . The function of this security can be said to be a unit that simplifies the process of distributing monthly income for MinedBlock and holders that have been clearly identified so that this platform does not apply the requirements to skip the registration procedure and bypass KYC verification. The MBTX is not determined by the maximum amount of distribution. MinedStone will provide improved services along with the increasing number of distributed through sales.
However, the distribution of these will be divided into 2 groups, namely for the founder or founder of the platform and for . Most of the MBTX provided will be used for transactions, which are 95% of the total number of . While the remaining 5% will belong to the founder of MinedBlock. In accordance with the stipulated conditions, the distributed to the founders will be temporarily locked until January 1, 2020. This means that new can be distributed after that date. Buyers who are investors from the United States are given additional requirements to be able to join in the period of selling security . In addition to having to be registered in a whitelist and go through KYC procedures, US investors must have good accreditation. Each transaction will involve a smart contract system that is only available to users who are already registered in the whitelist.
MinedBlock provides STO periods as another method to obtain other than through . MBTX are only valid in the purchase process, but for the process, MinedBlock provides other types of with a high market capitalization rate in .
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“This article was created in exchange for a potential token reward through Bounty0x.”
Published at Sat, 04 May 2019 03:32:43 +0000