Poseidon Network

Overview of Poseidon Network

  • POSEIDON NETWORK collects the bandwidth, storage space mainly from NAS and Linux systems, and pays the small-to-medium sized enterprises (SMEs) who are willing to provide idle network resources, and provides network resources to the above-mentioned industries and gets profits.
  • The POSEIDON NETWORK is the world's first CDN hybrid blockchain application platform, which is built on the concept of Internet of Things.The Poseidon Network runs on a dual-token system: Security token – PSD, and utility token – QQQ.
  • The Poseidon network is designed as a trunk and branch system, enabling additional fiber extensions and alternate landings as new areas for development are opened outside Cypriot waters and as customer requirements are expanded.
  • Poseidon Network is a decentralized global network that collects and distributes idle resources from P2P devices, allowing everyone to build their own services in the fastest and cheapest way.
  • Poseidon Network has officially announced a partnership with CYBAVO  - a Singapore company providing blockchain security and private key management solutions.
  • Poseidon Network produces its own wallet software that is available for download on its website, which allows you to store Poseidon Network on your computer.
  • Poseidon Network price Index provides the latest QQQ price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • Poseidon Network will use Chainlink’s decentralized oracle network to enable smart contracts secure access to Poseidon’s off-chain computing platform.
  • Poseidon Network's share of the entire cryptocurrency market is 0.00% with the market capitalization of $ 72.59 Millions.
  • POSEIDON NETWORK is next-Generation Content Acceleration Layer (CDN + DSN), incentivized by Token Economy.

    • Blockchain

    Poseidon Network is a Scalable Blockchain Edge Solution

    Network

    (Description provided by CryptoCompare)Products of the Poseidon Network are positioned as a worldwide decentralized P2P infrastructure, including: Decentralized CDN, Distributed Storage, Distributed Content Delivering, TEE…etc.The PSD token is anchored to the real value of POSEIDON NETWORK mainnet including all of the devices – NAS, desktops, mobiles, IoTs…etc – and network resources – bandwidth, storage, computations…etc.

    How do I buy Poseidon Network?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Poseidon Network.

    How to get my crypto income as a contribution reward ?

    Our miner contribution reward rule will change with each test phase, please join our miner community or check the current test phase here.

    How will Poseidon Network benefit from using Chainlink?

    Chainlink is essential for connecting off-chain data with an on-chain smart contract.

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    What coins are similar to Poseidon Network?

    The following coins use the same hashing algorithm (Directed Acyclic Graph (DAG)) as Poseidon Network: IOTA, VITE, Obyte, IoT Chain, HYCON and TrustNote.

    What hashing algorithm does Poseidon Network use?

    Poseidon Network is a coin that uses the
    Directed Acyclic Graph (DAG)
    algorithm.

    What is Poseidon Network?

    Poseidon Network provides decentralized edge solutions aimed at creating a worldwide P2P infrastructure.This includes decentralized CDN, storage, and computing.Users can provide their unused bandwidth and storage from their devices, such as NAS, computers, and mobile devices.

    What is Poseidon Network?

    Products of the Poseidon Network are positioned as a worldwide decentralized P2P infrastructure, including: Decentralized CDN, Distributed Storage, Distributed Content Delivering, TEE…etc.The POSEIDON NETWORK is the world's first CDN hybrid blockchain application platform, which is built on the concept of Internet of Things.The Poseidon Network runs on a dual-token system: Security token – PSD, and utility token – QQQ.The PSD token is anchored to the real value of POSEIDON NETWORK mainnet including all of the devices – NAS, desktops, mobiles, IoTs…etc – and network resources – bandwidth, storage, computations…etc.If you own PSD token, you own some duty and rights to the mainnet, likewise, legal citizen in the world of Poseidon Network.It means that, you have the right to vote or, even more, amend the law, which are smart contracts in this case, on governance layer.The QQQ is the utility token of the Poseidon Network platform.

    What is the Reddit page for Poseidon Network?

    The official Reddit community (subreddit) for Poseidon Network is r/QQQ_Poseidon.

    What is the value of Poseidon Network?

    One Poseidon Network (QQQ) is currently worth $0.03 on major cryptocurrency exchanges.You can also exchange one Poseidon Network for 0.00000059 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Poseidon Network in U.S.dollars is $74.36 million.

    Where can I get Poseidon Network wallet?

    Poseidon Network produces its own wallet software that is available for download on its website, which allows you to store Poseidon Network on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    Why is it important to have these features?

    QEdge — nodes on the Poseidon Network process data in real-time, which causes several problems.If all these nodes are processing data on-chain using the current blockchain framework, the costs will be extremely high and it will lack efficiency.

    Why use Chainlink?

    Decentralized oracles verify data more securely and efficiently, which helps foster trusted and reliable communication of data between on-chain and off-chain environments.Additionally, their development of threshold signatures reduces the costs of using decentralized oracles at scale.

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    History of Poseidon Network