Backed by Sequoia and A16Z, Lightning Network founder launches new mining coin HNS, which may become a new FPGA mining coin

Backed by Sequoia and A16Z, Lightning Network founder launches new mining coin HNS, which may become a new FPGA mining coin

The top ten halvings at the end of the halving market:

1. Trading platforms halved

2. Production cut in half

3. The price of the currency is halved

4. Bitcoin mining machine halving

5. Bitcoin miners halved

6. Assets halved

7. The number of traders is halved

8. Information media halved

9. Analysts halved

10. Cut your sleep intake in half

After the big positive line of 600 dollars the night before yesterday, it was followed by the big negative line of 1,000 dollars last night...

Aladdin Mining Research Institute believes that after the halving of the mining coin market, the next stage of mining coin hotspots may return to: mining coins supported by powerful institutions such as FCH TRB PEG CKB Conflux Grin, etc., as well as high-quality community and DeFi mining coins.

At present, FPGA miners have stable mining income of CKB and KDA, and single-machine high-explosion TRB. It is very comfortable to mine and sell every day. Following this, another member HNS has been added, and will continue to mine and sell in the future. (Those who have deployed our main F1U FPGA mining machine before the New Year are now comfortable, right? Haha. The machine does not rest during the Spring Festival holiday, and the machine keeps running.)

Handshake Network is now live

(Part of the basic information of the Handshake project is collected from the F2Pool "New Coin HNS Landing on F2Pool")
Handshake has raised $10.2 million for its decentralized domain name project, which has received backing from prominent investors including Andreessen Horowitz, Sequoia Capital and SV Angel.
Handshake is a public chain that focuses on decentralized domain name registration, authentication, transactions, and resolution. It uses a decentralized, permissionless domain name protocol that is compatible with DNS, in which each peer verifies and is responsible for managing the root zone, with the goal of creating an alternative to existing certificate authorities.
Handshake uses a token system for name registration. Participants use the Handshake project token HNS to transfer, register, and update Internet names. After launching the mainnet, the community will be able to use HNS to initiate auctions and bid for top-level domains, or trade HNS as they see fit.
Handshake uses PoW consensus, Blake2B + SHA3 algorithm, and Bitcoin-NG technology, which improves TPS, but sacrifices security and can only resist 1/4 of the computing power attack. At the same time, the network also supports smart contracts on the UTXO model, and its domain name auction function is realized through this contract.
The biggest innovation of Handshake is the optimization of the Merkle tree, namely FFMT (Flat-File Merkle Tree), which greatly speeds up the Merkle tree search, insertion, deletion and other operations and reduces its storage space.
Team information: Handshake was created by a group of outstanding practitioners in the crypto ecosystem. The project was initiated by Joseph Poon, the founder of Bitcoin Lightning Network, Andrew Lee, CEO of Purse, and Christopher Jeffrey.

HNS is available on large mining pools and exchanges, providing additional protection for FPGA miners

The advantages and risks of FPGA miners have been analyzed and shared by Aladdin Mining Research Institute:

1. The computing power is stronger than graphics cards, but weaker than ASIC. It is more flexible than ASIC and has a high cost-effectiveness.

2. Suitable for medium-sized mining coins (not able to carry ASIC for the time being) and large-sized mining coins ASIC entering the early stage (current CKB)

3. FPGA needs to constantly discover new giant projects, before ASIC, squeeze the graphics card market share, and reap the first mining bonus. (I believe many miners who have reaped the first mining bonus of CKB and TRB are very happy)

Aladdin Mining Research Institute will continue to pay attention to the progress of HNS, share HNS mining information as soon as possible, and deeply explore the potential benefits in the field of FPGA mining.

Isn’t it better to withdraw money and sell it than to sign a contract?

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