Hi guys, welcome back to my channel. I do because I'm very good. Well, welcome back to this edition of our article, and guys, in today's article we'll be talking about the compute coin or better put, the computer coin. Okay, um, in this video I'm going to explain everything you know about the complete coin or the computer coin. I will talk about um, the technology driving the coin, talk about development and everything you need to know, and how the coin is designed to help solve the various metaverse challenges that's facing the metaverse technology. So guys, two ways to stick around and watch your video to the end so you'll be able to understand everything you know about the complete coin. And if you're visiting my channel for the first time, please don't forget to like this video and hit the subscribe button and turn on your notification bell so you won't miss out on our subsequent videos. So guys, we'll be getting started with the complete coin. Okay, the compute coin is also referred to as CCN. So, the complete coin is a self-evolving computer design coin that is enabled to power the metavest as an infrastructure for metaverse application. This simply means that with the complete coin, metaverse applications are enabled and integrated to function better. Com Bitcoin primarily focuses on enabling metaverse applications by integrating and dynamically configuring decentralized clouds such as the file coin.
So now, talking about metaverse. Metaverse refers to a virtual world that is a world parallel to our own physical world in which people can socialize, people can walk, lean, and um, explore. Unlike a physical world, the metaverse exists in a persistently digital state and its size and features are constantly evolving as creators keep developing new platform, new tools, and new DAP. That is to say that users of metaverse make up an enumerable data files and these data files will keep growing with the metaverse, ultimately forming a big and larger data network. So this is just what you need to understand about the metaverse itself. And like I said, the complete coin is developed to enable the metavas technology function better.
So I'll be talking about the technologies that are used in driving this compute coin. There are basically two basic technologies behind the complete coin. The first one is referred to as the Pekka technology, whereas the second is referred to as the Metaverse Computer Protocol, or MCP. So the Metaverse Computer Protocol is designed to serve the metaverse by ensuring reliability and authenticity of every virtual machine on the network. Whereas the Pekka is designed to aggregate, optimize, and distribute computing powers from networks like the file coin and the share, which makes the computer coin the best eco-friendly approach to solving the computer challenges facing the metaverse currently.
Right now, you may be asking, 'What's the use of the Pekka technology? Like, what's the need for Pekka technology in the compute coin?' Okay, like I told you earlier, the Pekka technology is one of the two technologies that help to drive the complete coin, and it simply is straightforward access to the decentralized computing power. The Pekka technology enables developers of metaverse to display metaverse applications to the decentralized chain in a matter of minutes. That means with applicable technology, it will be easier and it will take shorter time to be able to display metaverse applications to the decentralized chain. It also similarly integrates um, decentralized chain, including cryptocurrencies mining machines, enabling most of the existing computing powers and eliminating the need to build brand new infrastructure.
Let me quickly talk about the complete coin aggregator solution. Like, what's the solution for aggregation that's brought about by the Compute coin? Okay, I would like to say that before now, the already um, existing decentralized storage solutions in the market, like the Phil, the Cruse, the Swamp, and the storage, and there are lots more than many others, and they are already up and running project and they've gained a large amount of attention over the years. And I want to say that I don't think Computecoin is out to compete with these existing protocols, but Bitcoin is out to provide a gateway that offers users simple and fast access to storage assets at a low price. And these kit features are designed to feature unified APIs to store and retrieve users' data. That is with um, Computecoin able to assess users that are with fast speed and um, easy accessibility. And these APIs are compatible with most of the decentralized storage protocols. Another thing is that the Aggregator model makes perfect sense for business perspectives. A typical example is the application of similar technology in Uber and um, Airbnb. That's just a typical example of a similar application.
If I conclude, let me take some time to talk about the system architecture of the Computecoin. That's basically the storage ecosystem. Okay, the Computecoin has basically two storage ecosystems which comprise of the miners and the users. The miners are the ones that make up the storage pool by contributing their storage in the network. Whereas the users are the ones who use and store their files in the storage pool. Okay, now let me explain more. A miner contributes their storage to the pool by making a commitment. And the commitment basically indicates how much storage that he or she possesses and has committed to the Computecoin. Miners need to take um, or stake a certain amount of Computecoin token to make a commitment. And the amount of Computecoin token managed take is calculated by the lost to the network in the event that the miners' machine unexpectedly go offline. And in this case, the amount of the Computecoin reward to the miner is based on the miners' commitment and the amount of time he or she has contributed to the storage in the network. Now, if a miner withdraws his commitment, their mining machines will not be included in the storage pool. And on the other hand, users will have to pay the Computecoin network tokens to store their files on the pool. So these are basically a few things I need to talk about the Computecoin or the Computercoin.
Q: What is Compute coin?
A: Compute coin, also known as CCN, is a self-evolving computer design coin that powers the metaverse as an infrastructure for metaverse applications. It focuses on enabling metaverse applications by integrating and dynamically configuring decentralized clouds.
Q: What is Metaverse?
A: Metaverse refers to a virtual world parallel to our physical world where people can socialize, explore, and interact. The metaverse exists in a persistently digital state and is constantly evolving with new platforms, tools, and DAPs.
Q: What are the technologies behind Compute coin?
A: The two key technologies behind Compute coin are Pekka technology and Metaverse Computer Protocol (MCP). Pekka aggregates, optimizes, and distributes computing power from networks like Filecoin, while MCP ensures the reliability and authenticity of virtual machines on the network.
Q: How does Pekka technology benefit Compute coin?
A: Pekka technology provides straightforward access to decentralized computing power, enabling developers to display metaverse applications on the decentralized chain quickly. It integrates decentralized chains like cryptocurrencies mining machines, reducing the need to build new infrastructure.
Q: What is the aggregator solution provided by Compute coin?
A: The aggregator solution by Compute coin offers simple and fast access to storage assets at a low price. It provides unified APIs for storing and retrieving users' data, compatible with various decentralized storage protocols, and acts as a gateway for easy accessibility.
Q: Can you explain the system architecture of Compute coin?
A: Compute coin's system architecture includes two storage ecosystems: miners and users. Miners contribute storage to the pool by making commitments, staking Compute coin tokens. Users pay Compute coin network tokens to store their files in the pool, with rewards based on miners' commitment and contribution duration.
