Massnet MASS White Paper

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Hello and welcome to this blog post about Massnet MASS 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 Massnet MASS 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 Massnet (MASS).

I can ensue you that, you will be able to understand every bits and pieces related to Massnet (MASS) after going through the Massnet MASS 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.

Massnet MASS White Paper

Massnet MASS white paper will be going to provide you, all the information that is needed to get started with Massnet (MASS), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Massnet (MASS).

Introduction

We believe that blockchain is a technology possessing great social value. Blockchain is able to coordinate human actions through the means of a consensus mechanism, thereby performing important tasks such as maintaining a public ledger. Ultimately, blockchain will facilitate a vision of an internet of value without intermediaries. The consensus mechanism is the ultimate guarantee of the security and credibility of a blockchain. It requires that users are able to join the network and help maintain it without the need for permission, and all participants are able to get a fair share of the value created.

The MASS consensus engine aims to become the basic infrastructure to all blockchain consensus layers. Based on a Proof-of-Capacity consensus protocol, the MASS consensus engine creates a consensus layer that is permissionless, fair, energy efficiency, secure, and universal, ensuring the fundamental security of the public chain.

The MASS consensus engine is universal and is capable of providing consensus services across any number of public chains. Nodes use storage capacity to run the consensus protocol and do not require permission. The MASS consensus engine is fair and energy efficient; only a very small amount of computing resources are required, meaning everyone has the chance to participate.

MASS Net is the first public chain to make use of the MASS consensus engine. MASS is the store of value in circulation in MASS Net, and is also the value anchor for the MASS consensus engine.

White Paper Link: Massnet MASS White Paper

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