Article Summary, Automatically Generated By AI
About Moonchain Summary
- Founded in 2018 as a non-profit organization
- MXC (Moonchain) is a decentralized global data network
-
Key features:
- Low-Power Multi-Token Miner (M2 Pro Miner)
- Meta X Protocol (MXProtocol) based on Proof of Participation mining principles
- Utilizes LoRaWAN technology
- Moonchain is a utility token ($MXC)
-
MXProtocol enables:
- Decentralized and robust network creation
- Interchain data market
- Proof of Participation
Introducing Moonchain: Pioneering the Future of Blockchain Innovation
MXC (MoonX): A Beacon of Innovation in the Blockchain Realm
Established in 2018 as a non-profit entity, it is revolutionizing the AI and blockchain landscapes by collaboratively constructing a liberated and decentralized global data network.
The linchpin of the MXC Data Network lies in the synergy between our thriving mining community and the collective might of our vast and dedicated supporter base. Leveraging the world’s sole Low-Power Multi-Token Miner, the M2 Pro Miner, our miners form a vast, interconnected web, constructing the world’s largest Low-Power Wide-Area Data Network within the Metaverse. MXC has pioneered a groundbreaking protocol, dubbed the Meta X Protocol or MXProtocol, founded upon the principles of Proof of Participation mining, harnessing LoRaWAN technology to forge a global data republic network, poised for real-world adoption. This innovative protocol is designed to empower Web 3.0 and a fusion of blended reality metaverse infrastructures, thereby streamlining and amplifying data transmissions and participation.
Moonchain’s utility token, $MXC, facilitates a significant increase in data transaction frequency and enables idiosyncratic data flows within the realms of artificial intelligence and blockchain. The MXProtocol ensures the creation and connection of networks via a decentralized and robust protocol, leveraging an interchain data market that incentivizes participation through Proof of Participation “PoP” Mining. This mechanism also enables the cost-effective provisioning of tangible smart Internet of Things (IoT) devices, establishing a framework for data providers and receivers to generate their own GDPR-compliant AI and blockchain NFTs.
The protocol empowers individuals, corporations, and enterprises to collaboratively build a globally decentralized and secure network, tailored to their specific needs, within the MXC platform.
By leveraging the MXC LPWAN data republic, devices, tags, sensors, and smart connected devices on the network can harness unlimited downlink and uplink resources at no cost, thereby expanding global LPWAN coverage and enabling seamless access for any device to share, commit, or engage with data, ultimately creating a unique value proposition on the Blockchain, Web 3.0, and the Metaverse.