Moonchain (MXC) news

What is MXC (MXC)?

MXC is a cryptocurrency platform that utilizes the low power wide area network (LPWAN) and the Machine eXchange Protocol (MXProtocol). With this strong device network foundation, MXC offers a unique coin offering called Machine exchange Coin (MXC). This platform allows for additional data transactions within the vast data market. LPWAN is a wireless wide area network technology that connects low-bandwidth, battery-powered devices with low bit rates.

How does MXC (MXC) Work?

MXProtocol's goal is to create an inter-chain data market and reduce network collisions. It also plans to establish a market for network coverage and introduce a quality-of-service framework for data providers and receivers. This is the first time that users, corporations, and enterprises can all participate in building a decentralized and secure LPWAN worldwide. By connecting anything to the network, adopters can aim to profit and trade MXC.

MXC is a utility token used for device transactions on the MXC Supernode network. Staking allows the MXC community to share in Supernode profits. A Supernode is a peer-to-peer network node that serves as a relay and proxy server for other users, handling data flow and connections.

Machine Exchange Coin (MXC) is a decentralized global token technology that offers a unique and specifically designed data trade network. Data can be shared on a broader scale while ensuring complete end-to-end privacy. MXC is intended to be distributed to data owners, receivers, and network hosts, facilitating the crossover between a commodity-based coin and an everyday trading currency.

Members of the MXC community can stake and share in MXC Supernode profits. Its operators, Supernode stakers, and the MXC Foundation receive a small percentage of all network fees transacted through a Supernode.