GOLDHD is a new decentralized storage network that turns storage into an algorithmic market. This marketplace runs on a blockchain network with native protocol passport "GHD". Miners in the network can earn GHD by providing customers with capacity storage. Based on GOLDHD Net, the trillion-level storage space all over the world will form a super consensus network, providing an efficient and secure decentralized storage environment for GOLDHD Net.

One. Project introduction

GOLDHD Net is a project completely initiated by the autonomous community of miners. From the concept was proposed in July 2018 to the mainnet launch in February 2021, GOLDHD Net has experienced more than 2 years of development without any investment background. Market research and technical verification have attracted the participation of many technology developers and more than 1,000 consensus miners from around the world.

The core goal of GOLD Net is to improve traditional centralized storage services and allow users to regain "control" of data, which means that GOLD Net does not have a central server cluster, and users can decrypt files through secret keys and secure them through encryption algorithms Accurately obtain personal privacy files scattered and stored in the GOLD Net network, which greatly improves data security.

GOLDHD Net uses its native token (GHD) as a medium, and users around the world can obtain GHD by renting out their spare hard disk space. Its value comes from the use within the GDLDHD Net network, including submitting information to GOLDHD Net, miner network maintenance rewards, etc.

Distribution rules of GHD: The total circulation is 21 million. A block is produced every minute, and each block rewards 10 GOLDHD Net's native token GHD, initially started with 2.1 million GHD (these GHD were airdropped to early miners according to their contribution), and officially launched at the block height of 210,000 When the mainnet is turned on, GHD will be halved every two years until GHD is exhausted.

two. Comment

GOLDHD Net was originally designed to allow everyone to participate in mining in a green and environmentally friendly way. With the practice of the concept of GOLDHD Net and the passage of time, GOLDHD Net now aims to build a decentralized storage network, which will eventually become a part of the ecological construction of Web 3.0. On this platform, users can store and retrieve various files safely and quickly. By using multiple backup and encryption technologies, GOLDHD Net can unite a group of computer nodes that do not trust each other into a decentralized storage platform with unified operating procedures and logic.

GOLDHD Net divides the files uploaded by users into many small blocks through encryption algorithms and stores them on different computer nodes around the world. When users need to use them, they can use the unique secret key to store them locally in different computer nodes around the world. After the verification is retrieved, the intermediate process does not require the participation of third-party storage providers at all. No central control will greatly reduce data failures and terminals, and effectively improve the security and efficiency of privacy and data control.

GHD is the "catalyst" in the GOLDHD Net network. It can not only promote the high-speed and safe development of the GOLDHD Net network, but also allow users to rent and purchase storage space through the GOLDHD Net.