We cannot avoid technological developments, from day to day everyone increasingly needs technology in every activity. Along with the development of this technology, the profession of every society in the world has also begun to change, one of the most popular professions lately is miners. Basically, crypto mining is better than being a crypto trader. Mining only requires mining equipment costs without experience support, beginners can do mining well. Experience, predictions and various information must be a strong reason for a crypto trader. Based on this, I think mining is one of the more effective ways to generate profits from crypto coins.
What is FiiiCOIN?
FiiiCoin is a transaction network specifically designed for the purpose of mining mobile devices only. The blockchain technology allows all mobile devices to participate in maintaining the blockchain network while allowing it to idle and charge batteries rather than relying on expensive and powerful computer hardware that operates 24/7 to do mining work. The main goal is to create the easiest way and promote using the available resources (mobile devices) together to take part in maintaining the blockchain. Even non-IT people or non-crypto fans can easily learn and be involved in mining as long as they have at least a smartphone.
Why FiiCOIN uses Blockchain?
FiiiCoin was built using an enhanced version of the Proof-of-Capacity – Delegated Proof of-Capacity (DPoC) consensus algorithm to achieve cellular mining capabilities while keeping cellular devices full nodes and carrying out extensive block synchronization work. FiiiCoin was developed using blockchain technology that can be designed inside the house – FiiiChain. FiiiChain provides a standard blockchain module with the ability to “plug-and-play” for developers to modify the blockchain’s characteristic base on the business requirements provided.
The FiiiCoin network is based on the P2P (Peer-to-Peer) network architecture that is continuously connected to several nodes in the same network to synchronize data. P2P networks mean that every computer in the same network is identical, the same privileges and authorizations to communicate with each other in a flat topology. In addition to the peer-to-peer protocol, the FiiiCoin network also includes additional special gateway protocols to provide routing services to improve the efficiency of P2P network connectivity, so that it can help nodes that have just been added to the network can quickly access other nodes.
The FiiiCoin network contains several master node servers distributed throughout the world, providing blockchain data synchronization services to each participating node, and they continue to run nonstop to help other nodes to find other nodes. FiiiCoin has a hosted global tracking service to unite all active nodes on tracker.fiii.io, which works with BitTorrent. Seeder provides all IP addresses of all active nodes to nodes that only join the FiiiCoin network. All active nodes periodically provide heart rate data to trackers to show they are still active on the network.
Each FiiiCoin node is a collection of functions for routing, blockchain databases, mining, and wallet services. Each node participates in all network routing functions, participates in verifying and disseminating transaction and information blocks, finding and maintaining connections with P2P nodes.
When a new node is online, all lists of IP nodes are obtained from the tracker and then try to connect to this node. Every time a node makes a connection to another node for the first time, the first thing to do is get a complete list of IP addresses that are connected to other nodes, download the IP list to have a database address node. When a node is passively connected to another node, the passive node asks for the latest IP list from the active node to synchronize its own node address database.
Each node will randomly make a connection to 100 active nodes based on the list of IPs from the database address of the node itself. For each node to maintain fast network speed, reduce the possibility of loss of data packets, avoid network congestion, the strategy implemented is to select 100 nodes to connect, 50% less than 100ms response time, 30% less than 300ms response time, 10% for time response is less than 500ms, and the last 10% for response times is more than 500ms.
Network latency can be used to assume distances between nodes. The lower the latency, the closer the node is, while the higher latency means the node is far from the connected node. If the active connection is disconnected for some reason, the node will automatically try to reconnect. If the node cannot be connected after 3 attempts, the node will be deleted from the database address node because it is an offline node.
The strategy is to ensure that nodes are connected in real terms around the world, preventing nodes from overloading in a single location if the node is connected to a node that only has a fast connection.
Conclusion
FiiCOIN, this amazing platform, with FiiCoin Blockchain technology will be able to create a decentralized platform to help individuals or businesses find investors from all over the world. The Blockchain refers to the type of data structure that allows identifying and distributing computer networks, creating in the sense of a distributed trust network.
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