Monet prioritises the security of the users first

 Nowadays, the main goals of blockchain technology are still unachieved. The strengths of the network, computational power, data storage are still in the hands of a third parties. Thus, the security of the users are often threatened. Is there any platform that is safe enough for the users? Let's take an overview at a new invention, Monet.

What is Monet ?


Monet is a public network architecture for mobile blockchains on demand. It is an open-source infrastructure that enables groups of people involved in any task or activity to form temporary networks with their mobile devices.

What about Monet's goal?

Monet wants to develop a system were servers are no longer needed on a full time basis. Additionally, it also aims to bring blockchain to mobile applications where users can have direct interaction without the constant presence of a third party.

Monet's component

-        Monet hub
-        Multiple ephemeral blockchains
-        Inter-Blockchain Communication

Three major factors to P2P mobile applications

Peer-discovery: Creating an environment where local peers are discovered in the network where nodes come and go.
Mobility: Maintaining mapping between peers and their IP addresses as they roam across the network and change IP realms.
NAT Traversal: Nodes are located between multiple layers of NAT.

Monet's native token 

Tenom token will be used to incentivize validators(nodes) in the network throughout the Proof of Stake portion of Monet’s consensus mechanism.  All Transactions fees within the network are paid in Tenom. Anyone can declare an intention to become a validator and stake a portion of their TENOM tokens.

Monet core team



Author : https://bitcointalk.org/index.php?action=profile;u=1987595

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