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What Is Chainbing (CBG)? Complete Guide Review About Chainbing
Welcome To Wootfi All In One Review Blog > Blog > COINS > What Is Chainbing (CBG)? Complete Guide Review About Chainbing
COINS

What Is Chainbing (CBG)? Complete Guide Review About Chainbing

Denny Bitsong
3 months Ago COINS Posted by By Denny Bitsong 6 Min Read Add Comment Tags: Chainbing Chainbing login Chainbing sign up
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What Is Chainbing (CBG)?

Chainbing (CBG) Today, with the boom in smart contracts and layer 2 networks, on-chain data is becoming increasingly difficult to interpret and track. On-chain data is no longer limited to ordinary transfers but contains more and more additional information. How to distill and share this new information will be the next problem that blockchain networks will face.

Chainbing (CBG) As blockchain data proliferates there will be an increasingly broad role for Blockchain Information Aggregation Engines (BIAE), which provide users with fast, reliable, and confidential information. Chainbing achieves this through the use of nodes run by various entities to form a network.

Chainbing (CBG) Data collection nodes (Collectors) focusing on the collection of raw data, data processing nodes (Processors) responsible for processing raw data into user-readable content, content creators (Creators) outputting original content based on the data, and validators (Monitors) used to maintain the correctness of the information.

Chainbing (CBG) Storage Key Points

Coin BasicInformation
Coin NameChainbing
Short NameCBG
Circulating Supply33,000,000.00 CBG
Total Supply10,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Decentralized Data Center

Chainbing (CBG) Decentralized data centers are implemented by providing three basic resources of a computer system: network, storage, and computation. BIAE aims to provide high availability, high intelligence, and high decentralization for these resources.

Data collection nodes will follow the BIAE protocol specification to enter raw blockchain data into the data center. Processing nodes will convert raw data into common data according to the BIAE protocol specification, which is already directly available to users through search engines. The creation nodes can process the data twice and produce their own original content

Chainbing (CBG) All the above data is stored in the data center nodes. The data centers use slicing technology to reasonably allocate the basic resources in the network to achieve load balancing and high availability

Core Value of Data

Chainbing (CBG) core value of data lies in effective sharing. Data must be aggregated, integrated, and analyzed to generate value. Fragmented information silos cannot realize real business value. The BIAE network provides powerful artificial intelligence big data analysis tools that allow creators to easily access valid information on the chain and transform it into more valuable original information.

Token Incentive

Chainbing (CBG) Economy Model A token economy will be introduced into every aspect of the BIAE network. This embedded token integration will ensure the BIAE is a network of value. A good token economy model should support the security and sustainability of the network. At the same time, it should benefit all participants of this network, including validators, creators, and users, while at the same time enabling the network to grow.

Innovation

Decentralized Data Center

Chainbing (CBG) underlying decentralized data network consisting of hardware nodes involved in data storage.

Data Intelligence

Analysis Artificial intelligence-based big data analysis tools provided by Chainbing

Content Provision and Access

Chainbing (CBG) Providing valuable information to help Chainbing grow and earn token incentives; users need to pay tokens to access paid content.

Consensus Mechanism and Witnessing

Token holders can participate in the witnessing of data and content to ensure the accuracy of data.

Community Governance

Chainbing (CBG) holders will have the right of community governance, and the community will drive the development of Chainbing.

Abstract

Chainbing (CBG) is dedicated to storing, indexing, analyzing, and sharing data on the blockchain to provide users with fast and accurate information. By introducing data witnessing mechanisms to ensure the reliability of data, and by providing rewards for participants who provide validation, Chainbing will develop into an energetic ecosystem

Chainbing will focus on the following key areas.

Data collection and storage: the underlying data network consisting of hardware nodes involved in data storage.

2. Data Intelligence Analysis: Artificial intelligence-based big data analysis tools provided by Chainbing

Content provision and access: providing valuable information to help Chainbing grow and earn token incentives; users need to pay tokens to access paid content.

4. Consensus mechanism and witnessing: Token holders can participate in the witnessing of data and content to ensure the accuracy of data.

Disclaimers

The current form and content of this white paper is for informational purposes only and does not constitute any investment advice or opinion. If you are in doubt, before taking any action in connection with the contents of this white pa

Tags: Chainbing Chainbing login Chainbing sign up

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Denny Bitsong 14/02/2022
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