Article Summary, Automatically Generated By AI
Summary of Massnet
- Launch Date: 01/09/2019
- Location: United States
- Consensus Protocol: Proof-of-Capacity
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Characteristics:
- Permissionless
- Fair
- Energy-efficient
- Secure
- Universal
- Requirements: Access to storage space (e.g., hard drive space on a laptop)
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Notable Features:
- No fundraising
- No premine
- No founder rewards
About Massnet
Massnet is a decentralized, open-source, and community-driven blockchain project that empowers individuals and organizations to reclaim their data sovereignty and build a more equitable internet.
Launched on September 1, 2019, by a US-based team, MASS is a foundational infrastructure layer designed to provide consensus services across multiple public chains. To establish a robust and sustainable Layer 0, the MASS consensus engine employs the Proof-of-Capacity consensus protocol. This protocol creates a permissionless, fair, energy-efficient, secure, and universal consensus layer, thereby ensuring the fundamental security of the public chain. Notably, participants only require access to storage space, such as hard drive space on a basic laptop. MASS is a pioneering hard drive mining project that has eschewed fundraising in all forms, with no premine or founder rewards.