Quick jump
Hello and welcome to this blog post about 12Ships TSHP White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the 12Ships TSHP white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the 12Ships (TSHP).
I can ensue you that, you will be able to understand every bits and pieces related to 12Ships (TSHP) after going through the 12Ships TSHP white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
12Ships TSHP White Paper
12Ships TSHP white paper will be going to provide you, all the information that is needed to get started with 12Ships (TSHP), including the inspiration for creating, the problem it is trying to solve and the solution proposed by 12Ships TSHP white paper.
Abstract
“ To make a transaction with someone unknown, you need an authorized agency or a broker in the middle. However, if you go through an agency or a broker, it is inevitable that you spend more time and money. It gets even worse if you do business with someone living in a foreign country.
The blockchain technology reduces such cost and time with innovative IT technology that goes beyond common sense. To make it possible, voluntary participation in mining is essential; also, in order to prevent the risk of counterfeiting or hacking, a high-performance, cryptography operating mining machine is required, which consumes a large amount of electricity.
The 12Ships has a goal of securing stable profitability and contributing to the blockchain revitalization by providing smart mining solutions, based on eco-friendly mining Infrastructure with our own high-performance mining machine.
First of all, we want to solve problems of the current air-cooling mining machines that consume a lot of electricity and make a lot of noise and dust. In order to cool the hash board equipped with the low-power, high-performance ASIC chip manufactured by Samsung’s 11nm semiconductor process, we adopted immersion cooling method, which is immersed in the non-conducting liquid.
This is a cooling method that effectively lowers the temperature of the Asic Chip while maximizing the performance, compared to air-cooling method. In addition, we plan to provide eco-friendly mining infrastructure that can use heat energy from immersion cooling system for agriculture/fisheries, commercial/domestic use to recycle discarded thermal energy.
Using this thermal energy as the heat source of the vacuum dryer, lava sea water of Jeju Island creates healthy and clean lava sea salt and mineral water.
This Mining Infrastructure is built in a 20ft container type, easy to move and easy to maintain.
Second, for transparent and democratic operation of the mining infrastructure, we established 3S Operation as our core policy. First, you can check the mining status in real time and check the CCTV footages in the mine by using a convenient dashboard called Smart Monitoring.
Lastly, we will democratically operate the mining pool by allowing token holders to set major agendas of mining pool operation such as mining targets, re-investment ratio, distribution timing/term and so on and vote to make decisions with Smart Voting.
Holders of 12SHIPS tokens distributed by the 12Ships Foundation, which hosts the ICO this time, will participate in making major decisions in the Blockchain Infrastructure, meaning that they will be in part of the growth of the 12Ships. A total of 5,000,000,000 TSHP tokens based on the ERC20 of Ethereum will be issued.
Panokseon II and CoolDog001, CoolFish001, mining machines equipped with ASIC chip for multialgorithm mining, will be launched by 12Ships. And the HashChain will be a trusted platform for anyone to participate in when the block depth and hash power are sufficiently secured.
Our vision is that we expand the use of 12SHIPS token by implementing a blockchain platform based on 12Ships Mining Infrastructure and by developing a service that is beneficial and reliable for games and e-commerce, and ultimately, we will create a globally trusted platform based on this blockchain infrastructure.
Our core team of outstanding experts and experienced professionals in the area of business strategy and planning, hardware and ASIC development, Blockchain algorithm and software development, and heat exchanger development has been working together to actualize what is mentioned above.
We will keep you informed about various activities of our 12Ships through SNS channel or homepage. 12Ships will work hard until the day comes when the blockchain becomes active and your life becomes enriching and healthy”
White Paper Link: 12Ships TSHP White Paper
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