Blockchain is a fascinating world and each day there's a new invention. Recently I can across a project called Netbox. This is one of the first decentralized blockchain which is backed by a browser. Yeah, you heard me right.
There are many browsers out there such as Chrome, Firefox, Internet Explorer and so on but then none of these acts a node in a blockchain. Moreover, these commercial browsers tend to use our data in whatever manner they want.
The Netbox.Browser is an application for PC and mobile devices, the main function of which, in addition to access to web-resources, is to maintain the functioning of the Netbox.Chain blockchain network. The Netbox.Browser is the first web browser that does not have a centralized infrastructure: all personal data of users belong only to them and decisions on the areas of development of the product are made by the community. The Netbox.Browser infrastructure is completely transparent and distributed, as it is stored without the use of central servers in the Netbox.Chain blockchain structures. An individual address in the blockchain network is assigned to each web browser; this address can store Netbox.Coins – the currency of the Netbox.Chain blockchain network. The larger the active audience of the web browser is, the faster and more reliable transactions are conducted in the blockchain.
All Netbox.Browsers are united in the Netbox.Chain blockchain network. Each browser is a node of this network that stores and confirms the truth of the network blocks. To confirm the truth, the Proof of Stake (PoS) mechanism is used, in which each member of the network (each web browser) can verify the blocks ensuring their truth with a certain amount of the Netbox.Coin currency. In case of verification of true blocks, the node receives a reward proportional to the amount of currency issued as a guarantee.
There are many browsers out there such as Chrome, Firefox, Internet Explorer and so on but then none of these acts a node in a blockchain. Moreover, these commercial browsers tend to use our data in whatever manner they want.
The Netbox.Browser is an application for PC and mobile devices, the main function of which, in addition to access to web-resources, is to maintain the functioning of the Netbox.Chain blockchain network. The Netbox.Browser is the first web browser that does not have a centralized infrastructure: all personal data of users belong only to them and decisions on the areas of development of the product are made by the community. The Netbox.Browser infrastructure is completely transparent and distributed, as it is stored without the use of central servers in the Netbox.Chain blockchain structures. An individual address in the blockchain network is assigned to each web browser; this address can store Netbox.Coins – the currency of the Netbox.Chain blockchain network. The larger the active audience of the web browser is, the faster and more reliable transactions are conducted in the blockchain.
All Netbox.Browsers are united in the Netbox.Chain blockchain network. Each browser is a node of this network that stores and confirms the truth of the network blocks. To confirm the truth, the Proof of Stake (PoS) mechanism is used, in which each member of the network (each web browser) can verify the blocks ensuring their truth with a certain amount of the Netbox.Coin currency. In case of verification of true blocks, the node receives a reward proportional to the amount of currency issued as a guarantee.
To verify the blocks, the Netbox.Chain network shall have as many online nodes as possible. To do this, the Netbox.Chain network encourages the users of the Netbox.Browser working online by charging them fees in the Netbox.Coin currency, proportional to the time of the browsers being online and the user activity in these browsers. Rewards are accrued in each new network block and distributed among the participants.
With the Netbox.Wallet, it is possible to store, send, receive, and exchange all the supported cryptocurrencies and fiat currencies. For example, the user of the Netbox.Wallet can exchange Netbox.Coins to Bitcoins or USD. It is possible to top up the fiat accounts both using a payment card and by direct bank transfer to the Netbox.Wallet account.
Browser is something that connects us to the online world. Now imagine the scalability of Netbox platform if each one of us run this browser on our computer for day to day operation. This will present a truly decentralized arena around which revolves the core concept of blockchain. Netbox browser doesn't have the centralized infrastructure and all personal data belongs to us as it's stored in Netbox blockchain, unlike other commercial browsers where we do not have any control over our data.
An individual address is assigned to each browser which can be used to store your NBX coins. As each browser acts as a node, that means they play an important role in verifying the transaction on the network. Higher the number of nodes, stronger in the network.
So having said that, there are many ways one can earn NBX coin. The simplest and the easiest way is to download the browser and start using it. Your activity defines how much will be your earning along with the total browser that's running at any given point of time. In addition, you can also STAKE your NBX coins online and for those who need something more, you can run NBX MASTERNODE as well.
The project is in it's starting phase hence if you SIGNUP now, you receive 20NBX as joining bonus. In addition to this, they also have a lucrative referral system that you can take advantage of.
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