What is KnoxFS (KFX) | What is KFX token

Knox Project

Building a completely distributed and secure means of sharing and storing data using IPFS and blockchain technology.

Your data and its security are paramount

Society as we know it is transmitting personal and intimate data more than ever before. The fear of whose eyes aside from our own or those intended could end up viewing that information is a constant concern. We are in need of a more secure and reliable solution for data sharing and storage. KnoxFS is building out a decentralized solution using blockchain technology and distributed file sharing with incentives to ensure always-on and on-demand data availability.

Powerful and proven encryption methods

Using proper encryption algorithms and techniques are crucial in any operation where data security is a consideration - on both a personal and corporate level. We’re using the highest standard with efficiency in mind to cover this area of operations.

KnoxFS offers a few options for participation

You can act as a storage host even if you’re not using the network for your own data sharing and storage needs. Enjoy the ability of setting your own storage rental rates and earn passive income by providing reliable network services to anyone needing to use KnoxFS.

A peer-powered solution and distributed network

Other like-minded individuals who value their data’s security and the ability to share at their discretion exist! We’re not building out a corporate network or a centralized solution that can be disrupted and destroyed at any given point in time.

Earn KFX passively by supporting the network

You can provide storage space and be rewarded for it by configuring your KnoxFS storage node in your KFX wallet. The amount of space, cost for the storage and how much of a commitment can be defined from within your KFX wallet.

Distributed networks are the future for a reason

Relying on the old infrastructures that are housed, owned and operated by single entitities was never the true vision of the internet. Nodes all communicating with one another and sharing information was. Using centralized services or providers to store or transmit your data opens you up to massive vulnerabilities.

Keep your data secure with various options

In the KnoxFS client you’ll be presented with different methods and permissions for sharing and encrypting your data. We’re offering powerful tools in an easy-to-use client to be as fault-tolerant and as least error-prone as possible to serve your needs best.

KNOX FS coin economy:

  • KnoxFS offers the following reward structure: 40 KFX per block. 30 KFX split between three tiers of Masternode holders/owners and 10 KFX for the staker.

  • KnoxFS is implementing a 3 Tiered Masternode system to give investors with differing financial positions the option to own a full Masternode.

  • Tier 1 Masternode: 30,000 KFX collateral with 4 KFX reward.

  • Tier 2 Masternode: 50,000 KFX collateral with 10 KFX reward.

  • Tier 3 Masternode: 70,000 KFX Collateral with 16 KFX reward

The Project Use Case

The KnoxFS project offers a real use case that can be utilized by millions of users all over the planet, the IPFS technology.

InterPlanetary File System (IPFS) is a distributed storage system that allows direct interaction through a secure and global P2P network. At the same time, it will enable users to store all kinds of information within a fast, safe and decentralized cloud file system.

In other words, the IPFS system seeks to change the conventional cloud storage method that is used today by centralized servers in large datacenters. A system that has shown severe weaknesses in terms of security and freedom of access to information. IPFS technology is the decentralized solution to this.

As the KNOXFS whitepaper states: KnoxFS will use IPFS to store securely, send and distribute all file types across a global IPFS node system initially and will then proceed to a customized IPFS KnoxFS node network at a later stage.

The KnoxFS Project will launch the alpha version of the IPFS platform to the public sometime during 2020. The first beta release will be in 2021.

Initially the Knox IPFS network will run via a dedicated platform. In time, it will be possible to execute the platform’s functions directly from the user’s KnoxFS wallet.

Image for post

The future of IPFS technology

Detailed analysis of how the web content delivery system works today, shows that the underlying architectures of these services are often inefficient and insecure.

  • High availability: The final objective is not achieved, since failures in the application or in the web server configuration are not covered.

  • Growth in the number of users: Exponential increase in users and the number of times the data is accessed from multiple devices. In turn this means that each time the set amount of data to be delivered is more significant.

  • Cyberattacks and unauthorized modifications (defacements): If the web server is attacked and all the content is deleted, users will not see the content until the administrator restores the data from a backup copy. This in turn can increase application vulnerability.

  • Privacy and Internet censorship: The current browsing protocol (HTTP) design makes the delivery of web content centralized. As previously noted above, content is delivered from a server or central point.

The solution that IPFS technology offers:

  • Decentralization

  • Fault tolerance

  • Scalability

  • Bandwidth requirements are significantly reduced and reliability is improved

With all these premises and the high compatibility between blockchain and IPFS (IPFS has been created from blockchain technology and its hashes), it is only a matter of time before this type of ground breaking technology is exponentially utilized by more and more users globally.

KnoxFS is betting on an innovative technology that has potential beyond our imagination.

KnoxFS Future and next steps

The launch of the new Knox has been incredible. The positive response from our community members confirms that the project is on the right track.

Image for post

This is only the beginning. There are many new features under development.

— Reduction of the payment structure, seeking a reduction of inflation of 75%

  • Implementation of a development fund from rewards

  • Data Collaboration: Multi Send function will be available from the KnoxFS Network

  • QT Wallet Redesign

  • Wallet Tab Proposal/Voting

  • Automatic Backup/External Storage Devices

  • Hardware and Masternode Support

  • U2F Integration

KnoxFS is a project open to the community and offers full transparency. The project has great potential for growth with a team of professionals who are genuinely enthusiastic about working on a project in which they strongly believe. The team is currently working hard to achieve a product with immense short, medium and long term demand.

All of developments that have been undertaken to date and those that are yet to occur are focused on the same objective: To increase the long term value of the project and its coin KFX, and provide profitability to its current and future investors.

As a growing project KnoxFS is currently looking for new core team members. KnoxFS mainly needs developers, marketeers and community managers. If you have experience in any of the before mentioned areas and want to participate in an exciting community project, please contact the KnoxFS team via any of the links below.

KnoxFS Coin Specification

Coin Ticker: KFX

Default RPC: 29939

Default P2P: 29929

Coinbase Maturity: 60 confirmations

Block Time: 2 minutes

Block Reward: 0.45 KFX

Minimum Stake Age: 12 Hours

Masternode Collateral: 1,000 KFX

Would you like to earn KFX token right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Social Channel
Message Board
☞ Coinmarketcap

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#bitcoin #crypto #knoxfs #kfx

What is GEEK

Buddha Community

What is KnoxFS (KFX) | What is KFX token

What is KnoxFS (KFX) | What is KFX token

Knox Project

Building a completely distributed and secure means of sharing and storing data using IPFS and blockchain technology.

Your data and its security are paramount

Society as we know it is transmitting personal and intimate data more than ever before. The fear of whose eyes aside from our own or those intended could end up viewing that information is a constant concern. We are in need of a more secure and reliable solution for data sharing and storage. KnoxFS is building out a decentralized solution using blockchain technology and distributed file sharing with incentives to ensure always-on and on-demand data availability.

Powerful and proven encryption methods

Using proper encryption algorithms and techniques are crucial in any operation where data security is a consideration - on both a personal and corporate level. We’re using the highest standard with efficiency in mind to cover this area of operations.

KnoxFS offers a few options for participation

You can act as a storage host even if you’re not using the network for your own data sharing and storage needs. Enjoy the ability of setting your own storage rental rates and earn passive income by providing reliable network services to anyone needing to use KnoxFS.

A peer-powered solution and distributed network

Other like-minded individuals who value their data’s security and the ability to share at their discretion exist! We’re not building out a corporate network or a centralized solution that can be disrupted and destroyed at any given point in time.

Earn KFX passively by supporting the network

You can provide storage space and be rewarded for it by configuring your KnoxFS storage node in your KFX wallet. The amount of space, cost for the storage and how much of a commitment can be defined from within your KFX wallet.

Distributed networks are the future for a reason

Relying on the old infrastructures that are housed, owned and operated by single entitities was never the true vision of the internet. Nodes all communicating with one another and sharing information was. Using centralized services or providers to store or transmit your data opens you up to massive vulnerabilities.

Keep your data secure with various options

In the KnoxFS client you’ll be presented with different methods and permissions for sharing and encrypting your data. We’re offering powerful tools in an easy-to-use client to be as fault-tolerant and as least error-prone as possible to serve your needs best.

KNOX FS coin economy:

  • KnoxFS offers the following reward structure: 40 KFX per block. 30 KFX split between three tiers of Masternode holders/owners and 10 KFX for the staker.

  • KnoxFS is implementing a 3 Tiered Masternode system to give investors with differing financial positions the option to own a full Masternode.

  • Tier 1 Masternode: 30,000 KFX collateral with 4 KFX reward.

  • Tier 2 Masternode: 50,000 KFX collateral with 10 KFX reward.

  • Tier 3 Masternode: 70,000 KFX Collateral with 16 KFX reward

The Project Use Case

The KnoxFS project offers a real use case that can be utilized by millions of users all over the planet, the IPFS technology.

InterPlanetary File System (IPFS) is a distributed storage system that allows direct interaction through a secure and global P2P network. At the same time, it will enable users to store all kinds of information within a fast, safe and decentralized cloud file system.

In other words, the IPFS system seeks to change the conventional cloud storage method that is used today by centralized servers in large datacenters. A system that has shown severe weaknesses in terms of security and freedom of access to information. IPFS technology is the decentralized solution to this.

As the KNOXFS whitepaper states: KnoxFS will use IPFS to store securely, send and distribute all file types across a global IPFS node system initially and will then proceed to a customized IPFS KnoxFS node network at a later stage.

The KnoxFS Project will launch the alpha version of the IPFS platform to the public sometime during 2020. The first beta release will be in 2021.

Initially the Knox IPFS network will run via a dedicated platform. In time, it will be possible to execute the platform’s functions directly from the user’s KnoxFS wallet.

Image for post

The future of IPFS technology

Detailed analysis of how the web content delivery system works today, shows that the underlying architectures of these services are often inefficient and insecure.

  • High availability: The final objective is not achieved, since failures in the application or in the web server configuration are not covered.

  • Growth in the number of users: Exponential increase in users and the number of times the data is accessed from multiple devices. In turn this means that each time the set amount of data to be delivered is more significant.

  • Cyberattacks and unauthorized modifications (defacements): If the web server is attacked and all the content is deleted, users will not see the content until the administrator restores the data from a backup copy. This in turn can increase application vulnerability.

  • Privacy and Internet censorship: The current browsing protocol (HTTP) design makes the delivery of web content centralized. As previously noted above, content is delivered from a server or central point.

The solution that IPFS technology offers:

  • Decentralization

  • Fault tolerance

  • Scalability

  • Bandwidth requirements are significantly reduced and reliability is improved

With all these premises and the high compatibility between blockchain and IPFS (IPFS has been created from blockchain technology and its hashes), it is only a matter of time before this type of ground breaking technology is exponentially utilized by more and more users globally.

KnoxFS is betting on an innovative technology that has potential beyond our imagination.

KnoxFS Future and next steps

The launch of the new Knox has been incredible. The positive response from our community members confirms that the project is on the right track.

Image for post

This is only the beginning. There are many new features under development.

— Reduction of the payment structure, seeking a reduction of inflation of 75%

  • Implementation of a development fund from rewards

  • Data Collaboration: Multi Send function will be available from the KnoxFS Network

  • QT Wallet Redesign

  • Wallet Tab Proposal/Voting

  • Automatic Backup/External Storage Devices

  • Hardware and Masternode Support

  • U2F Integration

KnoxFS is a project open to the community and offers full transparency. The project has great potential for growth with a team of professionals who are genuinely enthusiastic about working on a project in which they strongly believe. The team is currently working hard to achieve a product with immense short, medium and long term demand.

All of developments that have been undertaken to date and those that are yet to occur are focused on the same objective: To increase the long term value of the project and its coin KFX, and provide profitability to its current and future investors.

As a growing project KnoxFS is currently looking for new core team members. KnoxFS mainly needs developers, marketeers and community managers. If you have experience in any of the before mentioned areas and want to participate in an exciting community project, please contact the KnoxFS team via any of the links below.

KnoxFS Coin Specification

Coin Ticker: KFX

Default RPC: 29939

Default P2P: 29929

Coinbase Maturity: 60 confirmations

Block Time: 2 minutes

Block Reward: 0.45 KFX

Minimum Stake Age: 12 Hours

Masternode Collateral: 1,000 KFX

Would you like to earn KFX token right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Social Channel
Message Board
☞ Coinmarketcap

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#bitcoin #crypto #knoxfs #kfx

aaron silva

aaron silva

1622197808

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

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SafeMoon Clone | SafeMoon Token Clone | SafeMoon Token Clone Development

The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.

The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.

Reasons to invest in SafeMoon Token Clone :

  • The SafeMoon token clone benefits the investors with Automated Liquidity Pool as a unique feature since it adds more revenue for their business growth in less time. The traders can experience instant trade round the clock for reaping profits with less investment towards the SafeMoon token.
  • It is integrated with high-end security protocols like two-factor authentication and signature process to prevent various hacks and vulnerable activities. The Smart Contract system in SafeMoon token development manages the overall operation of transactions without any delay,
  • The users can obtain a reward amount based on the volume of SafeMoon tokens traded in the marketplace. The efficient trading mechanism allows the users to trade the SafeMoon tokens at the best price for farming. The user can earn higher rewards based on the staking volume of tokens by users in the trade market.
  • It allows the token holders to gain complete ownership over their SafeMoon tokens after purchasing from DeFi exchanges. The SafeMoon community governs the token distribution, price fluctuations, staking, and every other token activity. The community boosts the value of SafeMoon tokens.
  • The Automated Burning tokens result in the community no longer having control over the SafeMoon tokens. Instead, the community can control the burn of the tokens efficiently for promoting its value in the marketplace. The transaction of SafeMoon tokens on the blockchain platform is fast, safe, and secure.

The SafeMoon Token Clone Development is a promising future for upcoming investors and startups to increase their business revenue in less time. The SafeMoon token clone has great demand in the real world among millions of users for its value in the market. Investors can contact leading Infinite Block Tech to gain proper assistance in developing a world-class SafeMoon token clone that increases the business growth in less time.

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Angelina roda

1624230000

How to Buy FEG Token - The EASIEST Method 2021. JUST IN A FEW MINUTES!!!

How to Buy FEG Token - The EASIEST Method 2021
In today’s video, I will be showing you guys how to buy the FEG token/coin using Trust Wallet and Pancakeswap. This will work for both iOS and Android devices!
📺 The video in this post was made by More LimSanity
The origin of the article: https://www.youtube.com/watch?v=LAVwpiEN6bg
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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aviana farren

aviana farren

1623836330

Embrace the growth of DeFi Token Development Like SafeMoon in real-world

“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”

The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.

What is SafeMoon?

SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.

SafeMoon Tokenomics :

The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.

SafeMoon Specification :

The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.

SafeMoon Protocol :

The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.

Safety: A step by step plan for ensuring 100% safety.

  • Dev burned all tokens in the wallet before the launch.
  • Fair launch on DxSale.
  • LP locked on DxLocker for four years
  • LP generated with every trade and locked on Pancake

Why is there a need for reflection & static?

The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.

What is the role of Manual Burns?

The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.

How efficient is Automatic Liquidity Pool (LP)?

The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.

Attractive features present in DeFi like SafeMoon token platform :

  • Stable Rewards
  • Manual Burning
  • LP Acquisition
  • Community Governed Tokens
  • RFI Staking Rewards
  • Automated Liquidity Pool
  • Automated Market Making

What are the benefits offered in SafeMoon like Token Development?

  • The SafeMoon like token development maintains high transparency over user transaction details to gain their trust.
  • It eliminates the need for intermediaries in DeFi token like SafeMoon platform to benefit the users with less gas fee, wait time and faster transaction speed.
  • The DeFi token development like SafeMoon supports borderless transactions for users to transfer funds from anywhere and anytime.
  • It benefits the token holders from gaining exclusive ownership rights over their purchased DeFi like SafeMoon tokens from the marketplace.
  • The smart contracts present in DeFi like SafeMoon token platform manages to operate the overall flow of transactions without any delay.
  • Investors can generate immediate liquidity from DeFi like SafeMoon tokens to increase their business revenue in a short period.

Summing Up :

The DeFi token development like SafeMoon is the next game-changer for the upcoming generation to explore the benefits for their business growth. The investments towards DeFi like SafeMoon token has excellent value in the long run that benefits the investors with high returns. It is highly efficient for trade, buy/sell and transaction. Investors can connect with any reputed blockchain company with professional experience developing a world-class DeFi like SafeMoon token platform with high-end features cost-effectively.

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