|Mkt.Cap||$ 6.1 M||Volume 24H||0.00000000CPCH|
|Market share||0%||Total Supply||1000 MCPCH|
|Proof type||N/A||Open||$ 0.0061|
|Low||$ 0.0060||High||$ 0.0063|
An instance is shown below, demonstrating the value of gas of a non-smart-contract transaction and creating a smart contract. Proposers committee nodes are entitled to blockchain maintenance rewards, after it proposes a block and successfully gets it inserted into the chain. As defined in the RNode ecosystem, the annual supply from maintenance is 40 million CPC in the first year, and being decreased by 25% annually for the next four years. Thus, the annual supply for five years is 40 million, 30 million, 22.5 million, 17 million and 12.75 million respectively. In other words, no CPC is rewarded after that time.
Is the data market centralized or decentralized? If centralized, is this a service provided by CPChain? If so, do we get multiple data markets eg segregated for different sectors or to overcome scalability issues?
They certainly can store the data temporarily through CPChain market place. However, without publish, no one can have access to the data. Can you tell a bit more about the data market?
We will develop a hardware wallet to support IoT devices. In the PDASH data network, we do not limit storage type of users.
It records critical transaction-related information, carries out smart contract operations for the participants, and serves as the immutable and irrefutable authority for post-mortem transaction inspection. PDash integrates decentralized blockchain network and distributed storage network to achieve secure data storage, validation and sharing, and utilizes multiple encryption technologies to enable efficient interaction between two parallel distributed networks. The PDash wallet feature enables users to make transactions and manage data when making a purchase, placing a focus on the data's value and it's sharing lifecycle. While the platform will not be generally available until October, based on the company’s description, it will be feature rich, including wallet and market features, as well as a proxy network, without the need for expensive data miners to solve cryptographic problems to verify transactions.
This will be one of the most important regulatory requirements globally for all block chains. Welcome to the 2nd Community AMA (Ask Me Anything) of CPChain. The launch of our PDash platform was a monumental step in the progress of CPChain. And so we invited our community to ask technical questions regarding the CPChain platform, we are glad to present you with the Q&A.
Is this a hash of the data itself or is it the hash of proof that data is not tampered with? Only by being GDPR compliant, Cpchain could flourish. How is cpchain incorporating GDPR (General data Protection Regulation) in their infrastructure?
They can store their data in amazon S3, IPFS, or anywhere else. We have developed a open transmission protocol(OTP) that allows PDASH to compatible with any kinds of external storage. Thus, a normal transaction requires 21,000 gas, while a smart contract is created at a cost of gas.
CPChain places user privacy at a very important position. The main chain contains only the hash of data for information verifications; the original data will be effectively protected in our system. In PDASH for example, I’ve read that the main chain contains the hashes of the data.
Transactions with high gas price have higher chance being selected by committee, and further get inserted into the chain. In comparison, a low gas price demands low cost of tokens, by sacrificing the possibility of being verified by committee. All operations in CPC is not conducted free. An amount of tokens are cost as operation fees, whose unit is denoted by Gas. Gas is measured by the amount of computational overheads when executing a certain operation.
Even the transaction fails, like an abnormal contract involving gas outnumbering gas limit, the system does not refunds deducted fee. The rationale is that committee members have assumed their responsibility of verifying this transaction at the cost of their computing overheads, which should be rewarded with transaction fee.
By implementing CPChain gateway hardware at key components of vehicles such as OBD, all the driving data can be integrated into the user interface for the driver. The PDash tokenization strategy rewards valid transactions and punishes fraudulent ones.
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- The main chain contains only the hash of data for information verifications; the original data will be effectively protected in our system.
- A account balance score is granted to an RNode according to its account balance ranking among all RNode addresses (excluding CPChain Foundation and Exchange addresses).
- If so, do we get multiple data markets eg segregated for different sectors or to overcome scalability issues?
- As defined in the RNode ecosystem, the annual supply from maintenance is 40 million CPC in the first year, and being decreased by 25% annually for the next four years.
- The platform incentivizes users to share information and assure the quality of data listed in the marketplace leveraging its decentralized proxy network to ensure the data is intact and can be retrieved by the user.
- The website provides a list of cryptocurrency and bloclchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools.
Or is it an application which is run on the client side which communicates with the main chain? The current version of PDASH has some improvements in the area of storage, we don’t limit the type of storage, and users are free to choose where to store their data. It can be distributed IPFS, or it can be a centralized cloud storage platform, such as Amazon S3. If IPFS, service providers are responsible for these issues. We have a set of OTP protocols that are compatible with all types of external storage.
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The individual tabs are designed to help you learn and interact with the Smart Contract and drive community discussion. Etherscan Dapp Page enables an easy-to-use and intuitive interface for you to interact with the Smart Contract on the Ethereum Blockchain. CryptoStatZ shows the most accurate live prices, charts and market rates from trusted top crypto exchanges globally. CryptoStatZ have over 2100+ cryptocurrencies, trusted historical data, details of active, upcoming and finished ICOs. The website provides a list of cryptocurrency and bloclchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools.
Blockchain Maintenance score is calculated given a node’s contribution in proposing a certain block. For each successful transaction with the node’s help as a proxy, it gets 5 points.
We also provide rich advertisement campaings to advertise your bussiness on this website. Today CPChain price in US dollars is currently 0.0043 USD, and if converted to Bitcoin is 0. A total of 175 coin's are currently circulating in the Market.
CPChain is a new distributed IoT infrastructure for the next generation. In combination with distributed storage, encryption and blockchain technologies, CPChain intends to create a fundamental data platform for IoT systems, providing the entire process solution from data acquisition, storage and sharing to application. The platform incentivizes users to share information and assure the quality of data listed in the marketplace leveraging its decentralized proxy network to ensure the data is intact and can be retrieved by the user. The blockchain is the core constituent of CPChain.
An RNode can serve as a proxy helping other nodes complete transactions. Its RPT is augmented after assuming the responsibility as a proxy. Transactions here include all transactions sent by a given user.
CPChain’s ecosystem is established by a lot of Internet of Things (IoT) enterprises, developers and users. As a result, CPChain will divide the incentive system into two stages.
Provider mode assists users publishing their data, which invovles encrypting and storing data on the external storage, uploading data description to the market, communicating with the relay proxy for data transmission, etc. Read Contract allows you to query and retrieve information of the Smart Contract. These read-only functions do not require a web3 wallet to interact.
TX score is evaluated by all transactions statistics. The distribution of transactions can follow a long tail distribution or power laws. Reputation Nodes have the right to be elected as a proposers committee member and to be granted rewards from the Blockchain.
The definition of transactions can be expanded as the of CPChain ecosystem develops. CPChain comes with 5 built-in smart contracts to ensure normal operations of DPoR. Other contract files in out code repository are either abandoned or not yet activated. Due to the lack of space in this page, we explicate all five smart contracts in Built-in Smart Contract.
Gas limit is tunable parameter when a node applies for a transaction. We also offer a default setting for it, preventing the node from being drained out. It limits the upper bound of transaction fees in a contract, and avoid a contract involving unexpectedly high gas. This kind of situation occurs when an error, like too much loops, is embedded in the contract. Interested reader can refer to Reward Smart Contract to check detailed smart contract implementation.
In the first stage, CPChain Foundation would be the main fund provider, for the ecosystem establishment and the chain maintenance. The next stage is mainly performed by the market. With the optimization of CPChain ecosystem and the increase in data sharing and transferring, the reward for RNodes will mainly be generated by smart contracts and market transactions.