SNM Wallet
- The computing power buyers will use SNM tokens to pay for the calculations using the smart contracts-based mechanism.
- SNM is a token released on the Ethereum blockchain that complies with all applicable implementation, storage, and management specifications for tokens, including the Ethereum wallet.
- Ethereum smart contracts will be utilized for the SONM project’s crowdfunding, initial coin offering, and SNM creation.
- Those who want to support the growth of the SONM project will send ether to a specific ICO Ethereum address, which will then generate SNM tokens at the specified SNM/ETH exchange rate.
- Only after the start of the crowdfunding period (specified as the Ethereum block number), will ICO participants be able to send ether to the SONM crowdfunding Ethereum address.
Supercomputing Organized By Network Mining (SONM) in Blockchain
Supercomputing Organized by Network Mining (SONM) is a system for global operations and a network that was based on the Ethereum blockchain to distribute worldwide computing power. It aims to let buyers interact directly with sellers with no intermediator. The article focuses on discussing Supercomputing Organized by Network Mining (SONM) in detail. The following topics will be discussed here:
- What is SONM?
- Features of SONM
- Who Founded SONM
- How does SONM Works?
- Client’s Perks
- Miner’s Perks
- SNM Wallet
- SNM Cryptocurrency Mining
- Risks Associated with Investing in SNM
- Where does SONM stand when Compared to Golem?
Let’s start discussing each of these topics in detail.