Review on Volume Network by Kehinde Oluwakemi
VOLUME NETWORK AND CORE TECHNOLOGY
volume Networkis also known as Turbo Network, which is committed to building large-scale cryptocurrencies that are applied in real business society. Turbo use the POST consensus mechanism, and POST is an operator that introduces the time dimension on the basis of the original spatial proof algorithm. Because of the uses of the characteristics of the deferrable verification function (DVF), is is mandatory for a miner to perform a certain time-strength mathematics obtaining candidate block data computing, they combined two factors that can quickly verify the results and the candidate block data, and when they select block, the problem of security ambiguity such as selfish mining and rewriting attacks in the POC algorithm is totally solved
Pros
- The block reward of 600 millions VOL was given to to the turbine ecosystem, which is, 92.0% VOL per block, which is using to encourage core code upgrade contributors, mining pool service providers, mining machine manufacturers and promotion teams.
- 97% normal mining while the remaining 3% is pre-mining.
- Energy saving and environmental protection
- Turbine Network uses full community-driven to promote the project, while 6% bolck rewards are used to promote ecology.
Cons
- The environmental protection is not 100%.
New products
Comments (2)
May 22, 2020
Volume Network is devoted to building large-scale cryptocurrency that are applied in real BUSSINESS society. It has energy saving and environmental protection. It uses full community driven to promote the project, while 6% block are used to promote ecology. It has block reward of 600 million vol. which is used to encourage core code upgrade contributors, mining pool, service provider....
May 21, 2020
Volume network Famous team are Former Co-Founder and CTO of TRON network and the Chinese FileCoin project-Lambda core team. These built the Volume Network core technology together. Volume Network(VOL) Token model are 10 billion VOL as Total Supply, 4000 VOL per block as block reward, 3%VOL have been premined to IEO and the rest 97%VOL will be mined normally and 9.1 billion VOL of block reward is rewarded to miners, which is 3752.5 VOL/block
