VideoCoin VID to FNKOS FNKOS Exchange

Crypto Pair Details: VID to FNKOS

VideoCoin VID

The VideoCoin Network is a decentralized video infrastructure platform redefining the process for creating, storing, and distributing digital video content. The project is led by the VideoCoin Development Association Ltd. (Cayman Islands). Powered by a large-scale, distributed video infrastructure, the VideoCoin Network will usher in 'the new cloud,' by marshaling underutilized computing resources from around the world to revolutionize video services with blockchain technology. The VideoCoin Network ecosystem will lower costs by deploying unused compute resources and peer-to-peer video distribution, enabling a new generation of applications via open APIs and open source-based development, with increased privacy using decentralized, end-to-end encryption. The VideoCoin Network is the first blockchain project to integrate a third party fiat payment processor, underpinned by a consortium of banks. The model is optimized to enhance the utility of the VID as a reputational staking token that powers the network and ensures that the most qualified network operators are serving customer needs.

FNKOS FNKOS

FNKOS is a fog computing-based blockchain operating system designed to make the best use of the edge computing resources such as idle hardware network and storage resources. The fog blockchain was built on the basis of a PoC (Proof of Contribution) consensus algorithm: nodes get FNKOS incentives according to their contribution in the fog blockchain based on network flow, storage volume, computational capacity.

SOURCE: COINGECKO

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