4.1 Hiro Platform Mainnet (DANGNN)
Last updated
Last updated
Hiro Token is rewarded for node participation in the DANGNN mainnet. An understanding of the DANGNN blockchain network is required to understand Hiro Token's ecosystem in detail. The Hiro Token payment system of the platform prioritizes the value stability of stable tokens. The Foundation implemented this payment system through mainnet development because of the value stability that participation in Hiro Token's token economy brings.
The value stability mentioned above does not mean a fixed value tied to fiat currencies such as USDT and USDC. Hiro Token is applied to an algorithm that continuously guarantees the value of Hiro Token through changes in the liquidity of the already verified DANGNN network. Supporting token factoring in the form of swaps for tokens created at Layer 2 of the DANGNN mainnet mentioned above is a technology area to recognize the platform's and mainnet's value. In conclusion, the Hiro Token is expected to form a continuous upward value through decreased liquidity through the DANGNN mainnet. However, the high value assigned to the early node participants will be formed based on the services of the Hiro Platform, which will quickly stabilize the entire ecosystem of the DANGNN network.
A typical private blockchain limits participation to only those entities authorized to create transactions. Examples include IBM Fabric and Loop Chain. In particular, because the consensus algorithm of private blockchains does not allow partial forking, most do not use proof-of-work (PoW) or proof-of-stake (PoS) algorithms like public blockchains.
While all distributed storage and data disclosure methods adhere to the public blockchain format, POW+A, a new mainnet that the DANGNN Foundation has suggested, restricts the eligibility of blockchain nodes to join.
DANGNN POW+A mainnet operates a hybrid algorithm because the POW+A mainnet system will be changed to an open blockchain after the halving of DGC Coin, POW+A's reward token. Therefore, participation in POW+A's block generation requires verification and approval by the Foundation before halving. For this reason, POW+A will support token mining while remaining a private blockchain until the DGC token's halving. After the halving period, POW+A will become a fully public blockchain, with the biggest changes coming in terms of scalability