Genaro Network: “Become the change you want to see whether through sharing your data or building the next killer Dapp the world is waiting for.”
Author: Isabelle Yeo
On 17 June, Genaro Network participated in GENESIS C.A.T Meetup in Seoul. This is the second stop of roadshow around the world after Tokyo, Japan, which were held by Genesis Capital. It provides the best blockchain projects to global market and promote the landing and resource docking of blockchain applications.
On the day of the event, the GENESIS Capital delivered a total of 11 blockchain quality projects including Blockcloud, RRChain, DACC, Blockchain Database, EsportsChain (EST), Contentos, HashFuture, Charter, Proton, ENGINE and Genaro to explain the project overview and disclose the progress of the project.
Genaro Network has pioneered the Dual Strata Architecture Platform for Dapp building. Genaro’s original SPoR (Sentinel Proof of Retrievability) with PoS (Proof of Stake) mixed consensus mechanism aims to create a blockchain platform with a processing speed of tens of thousands of transactions per second, which opens the way for the technological shift to move data from centralized clouds to the blockchain with decentralized storage. Genaro offers developers a one-stop combined platform for deploying smart contracts and storing the data needed for any future Dapps, while also providing everyone with a stable, trustworthy Internet and a sharing community.
The current mission of Genaro Network (token symbol GNX) is to globally scale this innovative Dual Strata Architecture Platform and give Dapp Developers the stable, functional, and boundless application capabilities needed for Dapp building.
Time+ Energy Conservation for a better Decentralized App Future:
Genaro Network’s programmable chain originated SPoR (Sentinel Proof of Retrievability) + PoS (Proof of Stake), creating a sustainable future compared with traditional blockchain mining. This system is set up to efficiently conserve energy consumption, while preserving safety and performance.
Developers enjoy much-needed efficiency in Dapp building, flow work style, and versatile smart contract programming with data storage.
Existence to Equate to Value, Genaro Connects Everyone:
Within the growing blockchain industry, Genaro Network brought the world the new capability to turn all users into trusted nodes, providing a new global information network through the Multi-Piece Intelligent Core Data (MICD) system.
Genaro Network’s Premier Dapps: Genaro Eden + Genaro Sharer
EDEN: Securely Privatized, Economical, and Permanent Data Documentation on a Dapp:
In March 2018, Genaro Eden 1.0, Genaro’s peer-to-peer storage Dapp, was officially released. It is the world’s first truly decentralized privatized data storage app using Proof of Stake, allowing pure economic efficiency from users capitalizing off of their own data.
Global users may utilize Genaro as their private and permanent cloud storage platform in a more efficient and affordable way than existing centralized approaches. Genaro Eden is permanently online because of its redundant node design, and consistently fast because Genaro always tries to find the nodes nearest to the user to store its data. What’s more, by using a sharing economy business model, Genaro gives utility to the massive amount of unused storage space. Now, worldwide, everyone has a chance to support a more sustainable future and gain from blockchain technology.
SHARER: Become a rewarded master node in the chain and help build the premier trustworthy network we deserve.
Genaro Sharer was built for larger space holders who can contribute to the chain at a scalable level. The sharer can share specified unused storage space and get double rewards for storage and Proof of Stake (PoS). By establishing a communication model based on sharing economy principles, Genaro enables the creation of social storage space and the generation of value for larger space holders worldwide.
Genaro Network Now and the Future:
With peak performing innovations in blockchain, current Genaro technologies include:
The Consensus (SPOS), a SPoR + PoS hybrid consensus that ensures security for the users, unhackable and impossible to lose.
The Genaro Virtual Machine (VM) gives Dapps peak performing data accessing, data processing, and data activity monitoring.
Genaro Streaming I/O Protocol (GSIOP) and the Multi-Piece Intelligent Core Data (MICD) weave true privacy into the Internet like never before, helping all users to secure and build within the decentralized terrain with limitless storage capabilities.
The future of Genaro will include a full-fledged Incubation Hub, Research Facilities for Sharing Economy Decentralized Technologies, and Dapp Store. Genaro Network is spearheading an innovative future for blockchain industry and looking forward to continual scaling growth.
For more information please contact [email protected] or refer to the following websites for additional details:
Official Website: www.genaro.network
Global Telegram Community: t.me/GenaroNetworkOfficial
Korean Telegram Community: t.me/GenaroNetworkKorean