Hello everybody .. in my post this time i want to introduce about the project HASHRENTAL, let's just start our discussion:
About HashRental:
HashRental marketplace connects sellers (miners) of hashing power with buyers of hashing power through smart contracts, decentralized Escrow. It offers convenient and easy-to-use tools for all crypto-market participants to create as much profit as possible. The only existing large cryptocurrency mining marketplace has been hacked in late 2017. As a result, the market customers lost $60 million. So this seemed like a problem that we could do something about.
HOW HASHRENTAL WORKS:
- For Hashing power sellers:
Sellers (miners) can run HashRental software or connect their mining hardware (GPU Rigs, ASICS, Pcs and smartphones) to HashRental servers (stratum ports). Their hashing power is forwarded automatically:
•To the pool that the buyer has chosen for mining. Then Sellers get paid* in ETH for renting from smarts contracts after them confirms.
•To the HashRental pools, if there is no required volume of orders, Then Sellers get paid in ETH from HashRental pools.
This is all done automatically and the process does not require complex technical skills. *The price for rent is determined by the current weighted average and refreshed each minute. - For Hashing power buyers:
•Select the cryptocurrency that you want to mine
•Select a pool on which you want to mine
•Set needed amount of hashing power
•Set needed order time period
•Place calculated amount (or more) of the Luhn coins into the smart contract*. This provides proof-of- funds and allows for a much safer trade. Then:
- Successfully confirms receipt of needed amount of hashing power, and releases the escrow.
- A party raises a dispute, and brings in a third-party arbitrator, giving them the keys to decrypt the messages and work with both parties to make a resolution.
•Get reward from selected pool in cryptocurrency (Btc, ETH, and any other)Trade complete!
Hashing power buying is based on the "auction" style that smart contract in the marketplace is subject to. When buyer winning in an auction sellers start implement order. This is:
• Needed amount hashing power.
• Duration of the contract.
*The smart contract allows users to safely exchange (Luhn coins →hashing power → any other cryptocurrency) with one another and pools, and to name a trusted third-party to mediate a trade if a dispute arises. Currently, the trusted mediator is always hashrental.io, but the contract will be adapted in the future to switch over to a reputation-based
distributed arbitrator pool.
The auction platform with performance of the smart contract at HashRental is designed to offer security to both the buyer and the seller.
INNOVATIVE STRUCTURE OF MARKETPLACE
The core of the system are smart contracts that combined all parts in a single system.
"Redirecting mining system" is responsible for redirecting hashing power from sellers to HashRental smart pools ("HashRental mining system") or to "Hashing power auto distribution" (establishes needed parameters for selected external pools and monitors execute orders). HashRental system don't have centralized storage of participants
balances. All payments are processed directly through smart contracts.
“Management smart system” supervises the activity on launch of
contracts:
• “Payments smart system” - payments from Buyers in LUHN
• “Hashing power smart system” - payments to Sellers in ETH
ABOUT LUHN TOKEN
Token named for Hans Peter Luhn. Starting in the 1940s, Luhn devised machines and schemes for parsing information, most notably the now widely used hashing algorithm, which he suggested as a way to sort both numbers and text.
The ERC20 token standard, which stands for Ethereum Requests for Comment, is a standard set of programming “rules”. Luhn coin is Ethereum-based token. The Ethereum blockchain is a distributed, open-source blockchain-based computing platform.
62%: 620000K Luhn
Pre-sale total number of LUHN: 384400K Luhn
Sale total number of LUHN: 235600K Luhn
Bonus Pre-Sale: 62%
Price (including bonus): $0.024
Bonus Pre-Sale: 38%
Price (including bonus): $0.029
Sale price: $0.04
TOKEN PRICING AT ICO
Don't miss the opportunity to participate in the token sale and become part of the first crowd.
*Any tokens not sold will be burned.
**The ETH/USD conversion rate was determined to the token sale start (April 17, 2018).
WHO CAN GAIN PROFIT OUT OF THE ICO?
a. For Traders
After the Ico Investors will be able to Exchange LUHN Tokens for other digital currencies or fiat money on cryptocurrency exchanges and gain guaranteed profit
b. For User
Buying LUHN Tokens, users will support the successfull and fast-developing project and will be able to Rent hashing power with LUHN for a better price and gain profit from mining.
RoadMap
TEAM
Ian Edwards: Co-Founder
Janice Hopkins: CDO & Co-Founder
Omkar Patel: CTO & Blockchain Developer
Narendra Santra: Blockchain Developer
Sandra Markevich: Marketing Director
Larry Kim: Business Development
Sarvesh Singh: Blockchain Developer
Sayan Dey: Blockchain Developer
For more Information please visit links below:
Website: https://www.hashrental.io/
Whitepaper: https://www.hashrental.io/assets/images/white.pdf
Telegram: https://t.me/hashrental
Facebook: https://facebook.com/hashrental
Twitter: https://www.twitter.com/hashrental
Username BTT: Mancunar
Profile link: https://bitcointalk.org/index.php?action=profile;u=1003566