#ngk project

The blocks in the NGK blockchain system are like electronic bills, which record the transaction information of all nodes. Each block data of NGK is stored in the customer node, and all nodes together form a safe and reliable distributed ledger. Even if the data of any node is destroyed, the system will not be affected. The entire NGK system has a high degree of transparency and openness. In addition to encrypting the private information of all transaction parties, the sharable information will be disclosed to everyone, and the public data can be queried through an open interface.

 The NGK miners is responsible for the safety of the Layer 0 consensus layer by storing more capacity data. A more secure consensus layer can attract more business applications. Miners can also obtain tokens from multiple chains in the parallel mining process to increase profitability.

From the perspective of miner ecology, the ETH upgrade to 2.0 and 1.0 mining opportunities become inapplicable. In addition, miners may be eliminated after the BTC halving. Will the changes in these industries benefit the NGK ecology?

 It is a huge project to switch from the current Ethereum 1.0 to the Ethereum 2.0, and its consensus mechanism will shift from POW to POS. With the transformation of the consensus mechanism, the mining method of Ethereum will also undergo tremendous changes. Nowadays, the GPU miners used by Ethereum 1.0 miners include GTX1060, GTX1070 and GTX1080. Most of them are expensive and consume too much energy. While Ethereum 2.0 mining will no longer require strong computing power as a guarantee. Therefore, the huge amount of mining hardware from Ethereum miners needs a suitable place.

 After the BTC halving, a considerable part of the miners was eliminated due to the excessively high ratio of "electricity fee/revenue". In addition to the BTC ASIC mining machine, these miners also have hardware equipment including factories, racks, power supplies, and networks, which are reusable.

 For NGK, the GPU equipment eliminated by Ethereum can be used for NGK P drive. The professional hardware equipment of BTC miners can purchase additional hard drives for the NGK hard drive mining. Compared with PoW, it has extremely low mining energy consumption.

 Under the NGK consensus, the consensus of multiple chains is completely consistent at the DB layer, because the same consensus layer is used. The difference is that, according to different chain strategies, there are different query methods at the Spacekeeper layer. At the same time, there are different block production rules at the PoCMiner layer.

 NGK is an open source project, allowing anyone to participate. There are many supporters of NGK ecology in the market.

With the crazy increase in the price of Bitcoin, the entire token market has also entered a stage of recovery. However, coin speculation is not a profitable business. After the celebration, the enthusiasm was finally extinguished by the sudden correction. However, the market recovery did bring many benefits. It not only strengthened the consensus of loyal investors, but also attracted many new players to enter the market. Among them, people who interested in token has shifted from "transaction" to "mining". Many capitals poured into the cloud computing power market, which led to the successive rise of emerging blockchain projects, including the NGK blockchain.

 Advantages of NGK blockchain cloud computing power mining

 The most direct reason for the popularity of the cloud computing power platform is the benefits brought by the reversal of the secondary market. Many funds have poured into the mining industry from the crypto industry. Compared with trading tokens, the cloud computing power mining has become a low-threshold investment method. The NGK blockchain seizes the opportunity. In addition to providing users with token transactions, it also provides users with a low-threshold cloud computing power mining platform. It has the following advantages:

1) Compared with secondary market investment, the NGK blockchain mining is always the lowest cost method

Compared with secondary market transactions, the cost of mining seems to be lower, making it very popular with users. However, this is not the only reason why users like it. They are attracted by the fact that mining is more risk-resistant than the secondary market.

2) NGK blockchain mining is equivalent to a long-term fixed investment, which will not be easily influenced by secondary market

NGK blockchain mining is a long-term process, and it is also a long-term process of accumulating mining revenue. In essence, mining is a fixed investment process, and it is minimally disturbed by fluctuations in the secondary market.

Opportunities for NGK blockchain cloud computing power mining

The market opportunity of cloud computing power provides ecological builders with a more "neutral" investment method. Compared with self-built mines, it has lower threshold. Compared with short-term operations, its risks are lower, while compared with the market price purchase, its cost is lower.

Earlier, the NGK blockchain launched the "Starry Sky Project" of the computing power ecosystem and issued the high-fold SPC token and its sub-coin VAST. At present, these two tokens are rising rapidly and circulating in the secondary market.

Users participating in the NGK blockchain cloud computing power mining can obtain a small amount of SPC tokens daily. If the SPC tokens reach a certain amount, they can also exchange for the high-fold token, VAST. When many users flood into the NGK computing market, the prices of SPC tokens and VAST will also rise. This will help users to avoid certain market transaction risks while also allowing them to enjoy dividends from the rising currency prices.

For many blockchain projects, regardless of how well the community and white paper are publicized, it should be reduced to the tool of cutting leek or the tool of cutting leek in the tide of the market. When Bitcoin was born, it has now doubled thousands of times. Is there still a few cliffs in the middle? It leads to the loss of many players.

As a result, whether NGK or other emerging projects can invest in admission, only two points need to be determined: market signals and pull-out plans. But before determining these two points, it is necessary to determine whether it is a complete air coin. No assets, no endorsement, no theory, no technology projects, then we need to focus on time node and risk issues.

How to analyze whether NGK are aircoins. The first is the STO way to issue, each token is backed by equity assets, the project background is relatively high-quality, although the community dynamic shows that it is about to go online, but the landing plan, subscription plan are zero, in a confidential state, it can be seen in the promotion of a large layout and favorable state.

In addition, the project is said to have been launched by a coalition called USA International Covenant INC. I have not heard of the name of the organization before, only to know that it looks like a global organization. Some in the community have revealed that the investment institution has a dozen funds behind it, so it is also important that the project has a certain foundation and is not a project that appears out of thin air.

The above points are sufficient to judge whether a project investment is reliable. No concept of children's shoes can go to the white paper, or to the community to know the discussion and project dynamics. The next thing to see is whether the market signals and projects will pull.

The launch of NGK also seizes the market opportunity. Bitcoin rose 10% overnight. In the last two years, when did the king have such an increase? It is estimated to be 3.12 event this year, but it was based on the big profit. Like now there is no profit, up 10%, the market signal is obvious.

Consider about it, NGK technical team was acquired since 2018, after two years, why choose to go online at this time? Bitcoin and a number of mainstream coins, have a basic plate that rising only a dozen points. To get the wealth password and a thousand times of increase, it needs the new currency and new investor.

NGK, in turn, signals to the market may signal a new wave of prosperity. Today's encrypted digital money market has been trading for two years since the end of 2017. The market needs new projects to be revitalized and prosperous.

Moreover, although NGK's pull-out plan has not been disclosed, it is now widely believed in the community that NGK will rise sharply once online. Why?

Since the total amount of NGK is constant at 1 billion, which cannot be tampered with or additionally issued, NGK digital gain platform will also release a large amount of value and repurchase combustion NGK; In addition, NGK coin production time is 6 years and 98 days, it can only be released through computing power, hence, scarcity will constitute the main force of NGK appreciation.

Market supply and demand will drive NGK growth, which is the biggest driver force.

Certainly, whether NGK can seize its opportunities depends on their judgment and timing. In a volatile market, risk means opportunity, empty means wealth, how bold people are and how productive they are.

Recently, many blockchain lending platforms have been in a mess, some of them are pure credit loans, some are encrypted digital currency as collateral to obtain disposable liquidity. The pure credit loan interest rate of blockchain lending platform is generally very high, about 35%, generally speaking, in non-blockchain lending platform can get more affordable interest rate, which is one of the reasons why its penetration rate is not high. For mortgage encrypted digital currency lending, the currency price fluctuates too much, users generally can only get about half of the total mortgage currency price, such as the currency price waterfall plummeted, mortgage value is lower than mortgage loans, blockchain lending platform will choose to close positions. From here we can see that the emerging blockchain lending platform is not friendly to users, whether it is interest rate or loan amount.

 There is also a decentralized blockchain lending platform headed by a Compound platform, which supports half of the DeFi industry and gives the term "P2P lending" credibility in the market. However, the decentralized lending platform is still in a running-in period. There are always users who encounter wrong accounts or system crashes, and there are still many technical loopholes. Overall, blockchain lending platform is hot, but because of a variety of factors, there are many problems to be solved. While exploring and improving technology, developers are also looking for a fertile ground for building blockchain lending DApp, NGK projects are the answer to this question.

 When look at the decentralized lending platform, there are two key points to their success. One is that they must rely on smart contracts as scripts to make everything completely credible and simple, the other is that they must have enough customers to maintain trading volume.

NGK is a distributed platform for running smart contracts, and developers can use smart contracts in their blockchains to run a high-quality loan NGK or DApp. of other tokens With regard to the number of users that DApp developers care about, NGK have also paved the way for them. The expanding promotion network will bring new players to the NGK, and the blockchain can bring more traffic to the DAPP. NGK ecology is a potential user of DApp developers. NGK a large number of DEFI potential users on the platform, NGK can help them accurately locate the users, combine the various branches of NGK ecology, and make the NGK projects become a good place to develop the lending DApp.