SONM SNM to BlackCoin BLK Exchange

Crypto Pair Details: SNM to BLK

SONM SNM

SONM is a global operating system that is also a decentralized worldwide fog supercomputer. With SONM, users have access to general-purpose computing services of a cloud-like nature, including IaaS and PaaS, all of which have fog computing as the backend. Hosts around the world can contribute computing power as part of the SONM marketplace. The leaders of SONM are co-founder Sergey Ponomarev and CTO Igor Lebedev. SONM uses the agile development framework with a self-organizing cross-functional team. The Product Management Board defines the market needs to confirm that products meet business requirements. These include Node (Core), Smart Contracts, Wallet (Client), and Distributed Entity and Integration. Each of these teams has multiple developers, including a lead. Other teams include the Product & Analytics and QA teams.SONM always makes customer satisfaction its top priority. SONM studies the rental resource market to figure out exactly what customers need, delivering the advantages like scalability already mentioned. Additionally, customers will benefit from the Infrastructure-as-a-Service platform that supports all types of hardware resources, making it possible to find the exact resource you need. With SONM, consumers can instantly release and grow resources within the computing fog. In addition, security is always maintained regarding the supplier’s reputation. For added security, SONM is working toward hardware-enforced security, as well. Finally, consumers benefit from high market liquidity in purchasing resources and the ability to scale out their application. SONM’s ICO was held on June 15, 2017 and successfully raised $42,000,000. Paolo Tasca, a digital economist and blockchain expert, joined the SONM Advisory Board. Tasca is the Executive Director of the Centre for Blockchain Technologies at University College London, as well as a blockchain consultant to the United Nations and EU Parliament, and the co-editor of “Banking Beyond Banks and Money: A Guide to Banking Services in the Twenty-First Century.”'

BlackCoin BLK

BlackCoin started of as a Proof of Work coin but has evolved to a unique version of Proof of Stake. Wallet users can unlock wallet for staking only. BlackCoin features the following specifications: - Extremely secure: Among first with fix on SSL heartbeat, Transaction malleability, BIP66 - The probability to sign a block and the block reward does not depend on coinage (anymore). - Recommended confirmations: 10, maturity: 500 - Minimum transaction fee: 0.0001 BLK - Defined block time target: 64 seconds - Max reorganization depth: 500 blocks - Inflation: about 0.95%. - PoS block reward: 1.5 BLK + fees - The accumulated reward is proportional to the total balance and the time of staking. 24/7 staking at current network weight leads to an expected reward ratio (interest rate) of about 5%. - BlackCoin rewards users who supports the blockchain through continuous staking.

SOURCE: COINGECKO

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