They also are running MASS bounty program on bitcointalk. MASS CAFE is doing all his best to promote MASS.

Thanks for the feedback. I set it up today following guidelines mentioned on the site. I learnt that reward is not high as coin is doing good on exchanges.  I will post how much reward I got for mining MASS.

Have you mined MASS? Can you please share guide of how to setup MASS miner on my computer. I am trying to mine MASS.

Only you hear good and positive reviews about this project. not many have achieved what this project has achieved in small span of time. It is a good choice of investment specially for those who have small capital but wanna invest for long duration.

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Background and Philosophy

Before the birth of Bitcoin, people did not believe that thousands of computing nodes in the world could be connected by Internet and maintain a database together. The appearance of Bitcoin had proved that a practical and Internet-level Byzantine fault-tolerant system was feasible, on which the first digital currency in human history had been issued democratically. However, the Proof-of-Work (PoW) consensus algorithm adopted by Bitcoin system has a strong dependence on computing resources, causing Bitcoin and other PoW blockchain systems gradually become a centralized network and a game with only resource oligarchs.

MASS believes that to promote the blockchain maintenance and realize the vision of network decentralization, the real solution should be a more advanced consensus algorithm, which is more democratic, fair, energy-efficient, safe, highly scalable and universal. Basing on this score, MASS community has developed MASS proof-of-capacity consensus protocol with various advantages such as low entry barrier, no permission required, 51% Byzantine fault-tolerance, natural decentralization and parallel support for multiple blockchain instances.

Basing on the protocol, MASS community has developed an innovative blockchain system MASS Net with a novel design and robust economy mechanism, which can help the consensus engine network with the cold start.

Principles of Proof of Capacity


In the PoC consensus algorithm, a node must provide a valid proof of capacity when it submits a block to the network. It is difficult for a node to generate a valid proof of capacity without a corresponding storage size, and at the same time all nodes in the network can verify the proof. If the block data and the proof are valid, the block will be accepted by the rest of the network.

The process of providing proof is shown as follows: In the phase of initialization, a serios of hash data is generated according to the protocol and is stored in the storage capacity. When a new block is to be generated, the data will be searched in the capacity according to the value of the random number, which will be used to generate the proof and participate in the competition to generate the next block.

The whole process includes five phases: Initialization, block construction, block reception, main chain selection and penalty mechanism.

Initialization: Miners need to initialize the hard disk and generate two HashMaps first and save them to the hard disk.

Block construction: After verifying the latest block timestamp, miners obtain the challenge parameters from the latest block, search for the data that meets the conditions in the HashMaps and generate a proof of capacity. If the quality of the capacity proof is greater than the difficulty of the net, the miner wins the right to block. Then the miner signs the block Hash and broadcasts the block to other nodes.

Block reception: When receiving the latest block, the node will conduct a series of verifications such as timestamp, public key, signature, proof of capacity, proof quality, transaction legality and so on.

Strategy of main chain selection: When more than one blocks that meet the rules above are received in the network, it needs to select the main chain block according to some certain rules: to select by the largest cumulated difficulty, the smallest timestamp and the best proof quality in turn.

Penalty mechanism: In the MASS proof-of-capacity consensus protocol, multi-mining attacks are resisted by the multi-mining penalty mechanism. If the node receives two different Header with the same proof, the miner of the block is proved to be double mining, and the node is able to construct a penalty transaction so that the Pk of the multi-miner is added to the blacklist and no longer capable to block.


Economy Mechanism

Any consensus mechanism needs an effective incentive mechanism to achieve growth and sustainable development. The incentive mechanism makes the rational interests pursued by each participant consistent with the interest of the entire system, and finally realizes a highly decentralized and stable consensus network.

The maximum supply of MASS Net cryptocurrency MASS is 206,438,400 (about 200 million), which will be issued within 15 periods. When a new period begins, the reward for each block will be halved and the length of the period will be doubled from the previous one.

The block heights of halving are as follows:

13440, 40320, 94080, 201600, 416640, 846720, 1706880, 3427200, 6867840, 13749120, 27511680, 55036800, 110087040, 220187520.

The distribution of block rewards is as follows:

Hard disk mining (18.75%): Hard disk mining means that miners invest hard disk resources and run mining software to participate in maintaining the network consensus. If a block is mined, the miner will obtain 18.75% of the block reward.

Staking mining (18.75%): Staking mining refers to the miners staking a certain amount of MASS cryptocurrency until it reaches a predetermined block height. A staking period is 61440 blocks (about 32 days) and the staking number is 2048 at least. Only the miners with top 30 staking amount will be rewarded, and 18.75% of the block reward will be equally distributed to the 30 staking miners according to the weight of staking amount and time.

Game mining (62.5%): Hard disk miners can bind a certain amount of MASS coin to the capacity space, and if the capacity space bursts, the miner will obtain 62.5% of the block reward. Otherwise, if the capacity space of the burst block is unbounded with MASS cryptocurrency, the 62.5% of the block rewards will go to the staking miners.

Whether it is binding mining or staking mining, it is a manifestation of miners’ confidence in the future of MASS network, which will help the network develop smoothly and is therefore motivated by the economy mechanism.

Transaction

There are mainly three types of transaction in MASS Net: ordinary transaction, staking transaction and binding transaction.

Ordinary transaction: The transfer transaction of MASS cryptocurrency.

Staking transaction: Freeze the trading right of MASS cryptocurrency to a certain block height, and unlock it only when the specific block height is reached.

Binding transaction: Bind the MASS cryptocurrency to the capacity space address, and the right of usage can be restored only after the unbinding transaction is submitted.
Advantages

Security: The PoC protocol adopts the principle of time-memory trade-off to ensure the unforgeability of the proof, and takes in a verifiable random function to make sure that the system is equipped with the ability of 51% Byzantine fault-tolerance. Besides, the fork detection and penalty scheme can protect the main chain from “Nothing at Stake” attacks which may split the main chain.

Fairness: The MASS PoC consensus protocol guarantees that the block generation probability of a node only depends on the proof of valid capacity provided by the node. In addition, the proof of valid capacity is independent from the storage media, therefore all nodes participating in MASS network have similar marginal costs.

Efficiency and energy saving: In MASS PoC protocol, computing resources are only required when initializing the storage capacity, and in the phase of block consensus, the data is visited only once with O(1) complexity. Therefore, it doesn’t require continuous power input consumption when using MASS PoC protocol for block negotiation. When MASS system executes the block consensus, the computing resources used are negligible and will not affect the normal use of the computer. When the storage capacity is no longer participateing in MASS network, it can be reformatted and used for other purposes.

General: In the process of consensus, a node only needs to perform access queries on the initialized capacity without any data operation on it. Therefore, the same storage space can provide multiple capacity consensus proofs and a node using MASS PoC protocol can simultaneously support multiple blockchains in parallel.

Conclusion and Outlook

The whitepaper introduces the principles and characteristics of MASS proof of capacity consensus protocol and the economy mechanism of MASS Net blockchain.

MASS consensus engine is encapsulated by the MASS proof of capacity consensus protocol, which aims to become the basic infrastructure of all blockchain consensus layer. The PoC consensus has a natural multi-chain feature, that is, the same hard disk space can provide space proof for multiple chains that meet the same PoC consensus standard. Therefore, MASS consensus engine is general and capable to provide consensus service for any blockchain. MASS consensus engine is fair and energy-efficient, which requires a very small amount of computing resources, and this means everyone has the opportunity to participate.

MASS Net blockchain system is the first public chain to utilize MASS consensus engine. MASS cryptocurrency is the store of value in MASS blockchain system, as well as the value anchor of MASS consensus engine.

The economy mechanism of MASS cryptocurrency will contribute to the growth of miner ecosystem on MASS consensus engine, thereby providing a solid underlying consensus for the blockchains to join MASS ecosystem in the future.

MASS consensus engine, MASS Net blockchain and MASS cryptocurrency are interdependent and are the three important forces in the initial stage of MASS ecological construction.

Since 2019, several projects have shifted from smart contracts to application chains, and in the future there will be hundreds of application chains to form the application chain ecology jointly, which requires the support of cross-chain technology. It is expected that MASS consensus engine can solve cross-chain technical problems from the perspective of the bottom layer of consensus, which may introduce blockchain to a new chapter.

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With this logic BTC is such a useless investment, its up on one day and down on other day. Name any single crypto that is stable throughout in its history. Crypto is all about wild fire. If you need stability, invest in banks.

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  At a high level, Latinum is a cryptocurrency & blockchain based ecosystem of technologies designed to track ownership, store value, protect privacy, avoid censorship and provide an alternative payment method; while remaining transparent and fairly governed.
  Latinum was initially conceptualized as a competition to current digital forms of monetary value storage & transfer, however, during a prolonged process of industry evaluation, it became clear that what the crypto industry lacked was an asset with hybrid monetary properties. An asset that serves the purposes of Cash & of Gold. Something that can be spent easily & stored easily. Something that would provide equal economic opportunity today & in a decades' time.
  This was the birth of the LAT network and coin. Just as time serves as the unit of account in the progression of biologic life, the LAT token serves as the unit of account within the Latinum ecosystem. Any participation within the system demands expenditure in the LAT coin. Moreover, the token’s economic model is built upon the deflationary monetary principles of Austrian economics. The concrete supply side does not fluctuate from dynamic demand, rather its predictive supply side machinations act as a hedge against legacy inflationary systems.

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Security
Built on the proven cryptographic primitive of Bitcoin; Latinum provides standard transactional security and settlement guarantees.

Sound Money
Portability, divisibility, accountancy, borderlessness, fungibility, value preservation, economic decoupling, inflation resistance. Latinum is an anti fragile asset composed of established monetary principles.

Transparency
Accountability, visibility, and verification are at Ledger. All activity that happens on-chain: the core of the Latinum Distributed stays on-chain.


Distributed Ownership
All trading and interactions on the Latinum blockchain happen directly on-chain. No involvement of 3rd parties, pure P2P.

Pseudonymous
Participation does not incur the loss of privacy, accounts are defined by address not identity.

Sustainability
Latinum is looking forward to reduce the carbon footprint that is associated With the energy intensive demands of Proof-of-Work mining.

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​​Latinum Core is a software in the form of a distributed value network built on the same cryptographic primitives that hold hundreds of billions of dollars in Bitcoin value secure. The Latinum Core code repository will be openly available for inspection and developer involvement on GitHub. As stated earlier on, initially only trusted entities (specified by the Latinum Core Development LLC. team) will be able to join in order to participate. As the amount of contributors grows the code will become more easily accessible for the broader public; until the Latinum Core team is almost entirely pushed out and replaced by the community.
The constituent software technologies of the Latinum Project can be definedthrough the following 3 fundamental elements:
✔︎ Ledger (Distribution)
✔︎ Token (Economic)
✔︎ Security (Governance & Consensus)

✔︎ Ledger (Distribution)
The Latinum Ledger can be interpreted as a Public Bulletin Board. This bulletin board records absolutely any and all on-chain interactions with the Latinum network; this includes transactions, HTLC's (Multi-Party Wallets &Send Layer solutions), wallet address "type" registry, bounty activity, among other things. As in the case with Bitcoin & other alternative digital asset projects, the ledger is the mechanition acting as the "source of truth".Moreover, a ledger acts as a neutral, trusted, unbiased, autonomous third party.

✔︎ Token (Economic)
The Latinum network comes with its own native token, the LAT token. The LAT token is implemented as a tool for the transference of value between two parties on the network.

✔︎ Security (Governance & Consensus)
The Latinum network implements the highest level of encryption to all of its according activity by utilizing the core mathematical prerogatives that secure government level material as well as current international computational standards.

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Best thing is that crypto and blockchain is kicking out middlemen from every domain and same will happen here. I am sure with WINSSHI players are able to directly interact with each other and pay directly. This will save huge amount that is going to middlemen.

The concept of deflationary token is new and that's why people are asking too many questions about it and that's natural. It will be matter of time, we will see in few days to come how BOOM and other deflationary tokens are behaving. So far BOOM is doing good on exchange.

This topic has been moved to Archival.

https://bitcointalk.org/index.php?topic=5254946.0

Wanna try some real bounty program that guarantees the return of your effort? Try OXBTC WaterTap

The good thing is that its open for everyone.

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Nobody is doubting the value and importance of Bitcoin. The new thing introduced in this mining token is the way you can mine. You don't need traditional expensive mining devices along with huge power. MASS can be mined on computing devices using their storage space, though complexity is increasing day by day.

Its advisable not to put all your eggs in one bucket. Bitcoin is first choice for most of crypto investors but when it comes to altcoins there is huge list. I have just given few key points of why to invest in this PoC based MASS token. Already this token has gone up to 0.7$ within week of its enlisting on exchange.   

No sir, I never say this is better then bitcoin. Let's be realistic, btc is pioneer cryptocurrency that is leading the market in term of capital and community. We dont know whether any altcoin will even come close to BTC in future or not.
MASS is new altcoin where people who dont afford expensive miners can mine MASS using there storage capacity. The coin is already on 2x big exchanges and price floating around 0.5$.

If you are interested in this coin you can buy it on two different exchanges and also mine it using storage capacity.
https://www.mxc.com/trade/easy#MASS_USDT
https://www.hotbit.io/exchange?symbol=MASS_BTC

plasterer is a fast GPU plotter for MASS. plasterer provides a way to plot spaces that are compatible with massminerd. plasterer-help cooperates with plasterer, it automatically generates config files for plasterer and initializes massminerd.

https://github.com/massnetorg/plasterer