For Those Who Missed Joining Pi Network Early - Be a Early Bird In FireFly Network

FireFly Network - Be a Early Bird With High Mining Rate****

FireFly Network, a New Mining App Recently Released
Many people in cryptocurrencies did not believe in Pi Network and the idea of mining some free token on mobile. That reality have now shifted as Pi Network seems to become something and this idea of mobile mining seems not so scamish anymore as before. In the early days of Pi I didn’t know if I believed in it either but I started anyways, what could I possibly lose pressing a button one time a day to start the mining session?

Well, nothing, nothing to lose and I had everything to win if the project would succeed someday. Think FireFly Network like this, it’s new and you have a golden opportunity to collect many tokens at the highest rate possible.

We have not yet any graph how the mining rate looks like or how and when it will do it’s first halving in mining rewards. The website sates this, which can be interpreted in different ways.

FireFly is the coin of the future.
You can now mine for free. Once we have reached the number of users we wish and need.
We will launch it.

When I read this I interpret this as the mining of FireFly’s will be fairly short-lived against other projects like Pi Network. But how knows really, I will try to get some more answers to this from the devs in FireFlys Telegram Chat.

The Project
FireFly has an open whitepaper, it’s kind of blurry and well-done at the same time, it’s quite hard to grasp what FireFlys main goal is. What I can see from it is that FireFly is a crypto utilizing both PoW and PoS and will make micro-payments easier, faster and with less fee’s. I recommend you to read the whitepaper yourself to get a idea of what FireFly really is, to proceed to the whitepaper click here. In the Image below can you see the roadmap of FireFly Network.

~~Below is FireFly’s roadmap, the text is taken from the official website and by no means edited. ~~

Roadmap / Deployment plan

Phase 1 – Design, Distribution, Trust Graph Bootstrap. The FireFly server is operating as a faucet emulating the behavior of the decentralized system as it will function once its live. During this phase improvements in the user experience and behavior are possible and relatively easy to make compared to the stable phase of the main net. All minting of coins to users will be migrated to the live net once it launches. In other words, the livenet will pre-mint in its genesis block all account holder balances generated during Phase 1, and continue operating just like the current system but fully decentralized. FireFly is not listed on exchanges during this phase and it is impossible to “buy” FireFly with any other currency.

Phase 2 – Testnet Before we launch the main net, the Node software will be deployed on a test net. The test net will use the same exact trust graph as the main net but on a testing FireFly token. FireFly core team will host several nodes on the test net, but will encourage more Pioneers to start their own nodes on the testnet. In fact, in order for any node to join the main net, they are advised to begin on the testnet. The test net will be run in parallel to the FireFly emulator in phase one, and periodically, e.g. daily, the results from both systems will be compared to catch the gaps and misses of the test net, which will allow FireFly developers to propose and implement fixes. After a thorough concurrent run of both systems, testnet will reach a state where its results consistently match the emulator’s. At that time when the community feels its ready, FireFly will migrate to the next phase.

Phase 3 – Mainnet

You can download the app directly on Google Play or as an apk-file directly on the website. You can use Invitation code: ralle1212

Useful links:

Webiste: fireflynetwork.io

Telegram: https://t.me/fireflynetworkk

Twitter: https://twitter.com/network_firefly

Instagram: https://www.instagram.com/firefly_network/

Email: info@fireflynetwork.io

             **Thank you for reading and all support!**

*The article is also published on Publish0x.com by me.

#firefly #network #mobile #mining #crypto #news

For Those Who Missed Joining Pi Network Early - Be a Early Bird In FireFly Network
2.35 GEEK