ComputeCoin Network (CCN), a self-developing computer developed with $ 2 million in funding for the Metaverse, today announced the launch of its test network. With some of the best crypto miners such as Ethereum (ETH), Filecoin (FIL) and Swarm (BZZ) on board, CCN continues to invite interested and qualified miners to apply by October 11, 2021. ComputeCoin will distribute a limited number of Metaverse Mining Passes (NFT) to high quality applicants.

The computational requirements of Metaverse applications will be on an unprecedented scale, even exceeding the capabilities of older technology giants and large blockchains. Unlike other Layer 1 blockchain projects, ComputeCoin mainly focuses on enabling metaverse applications by integrating and dynamically configuring decentralized clouds such as Filecoin, DFINITY and data centers to serve end users (e.g. VR / AR games ) enable immersive experiences.

“ComputeCoin is the first project that specifically addresses the computational challenges metaverse applications are confronted with. We envision a platform that provides Metaverse developers and users with comprehensive, affordable, instant, and trustworthy computing power. For the past two years we’ve worked hard to lay the foundation for ComputeCoin. We’re excited to finally invite miners to join our testnet when it starts. “
– Mourad Mazouni, CEO of ComputeCoin

background

The ComputeCoin project originated in 2018 as a research project at a large university and is today supported by leading scientists and researchers such as Dr. Steve Liu, an IEEE Fellow and Fellow at the Canadian Academy of Engineering; and Dr. Michael Saunders, a Fellow of the Royal Society of New Zealand. ComputeCoin also has several other IEEE fellows and professors on its team of experts.

ComputeCoin’s patented consensus algorithm, Proof of Honesty (PoH), owns several proprietary U.S. patents and enables its self-managed ecosystem by allowing users to authenticate the results of outsourced computing tasks. Another patent, Distributed Computing Using Blockchain Technologies, provides a basic architecture for decentralized clouds.

Interested miners can apply to participate in phase 1 of the testnet; In later phases of the test network, miners bid for certificates in an auction.

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