NetFlowCoin is a network neutrality company that aims to break network gaps and barriers, removing the monopolization of information resources. We are enabling a free and equal internet for global access to information sharing. The NetFlowCoin project aims to combine SDVN technology and blockchain technology on the Internet to build a global intelligent edge network of chain network convergence, to expand computing power to the nearest location. This highly reliable and negotiable blockchain digital asset ecosystem is done by integrating network-wide bandwidth, storage, computing, data, and other resources.

SDVN is the underlying technology of NetFlowCoin, the full name is Software Defined Virtual Network, which uses Multi code packet encryption technology, layered technology, Network Slicing technology, DLT technology, Next-Hops technology and other technologies to quickly achieve Internet-based point-to-point, point-to-network, Network-to-network secure private virtual network construction, complete the reliable, high-speed, safe, mutually beneficial connection between people and things, to ensure that data can be fast, accurate and safe from the producer to reach the designated consumer. SDVN technology has provided network technical services to more than 500 enterprises around the world for more than 10 years, long-term for China Mobile, China Merchants Bureau Group, Lenovo, Xiaomi and other well-known enterprises to provide in-depth technical service support.

We aim to build an ecosystem platform based on NetFlowCoin that everyone can participate in and benefit from, which we call NetFlowCoin Ecology.

• Users can reduce costs, make life easier, and get a return on their wealth with the various DApp features deployed on the NetFlowCoin network and above.
• Developers can deploy DApps on the NetFlowCoin network to expand their reach and promote their ideas and values.
• Network maintenance nodes support and reward the operation of the NetFlowCoin network.

Whether it’s users, developers, or the maintenance nodes of the NetFlowCoin network, everyone will participate in the construction of the NetFlowCoin platform ecosystem, contributing to and reaping the rewards of the NetFlowCoin ecosystem.

In order to take into account the performance, security and decentralization of the network, NetFlowCoin network will select 21 witness nodes to participate in the maintenance of the governance NetFlowCoin network, and put forward a distributed witness node election algorithm, adding an overall trust index including reward penalty factor and time decay factor for nodes, as an important reference for selecting witness nodes.

First step is to be a candidate node (RN node). To become an RN node requires a pledge of 1 million NFCs and needs to meet the equipment requirements that is required to get out of the block. The pledge token will be returned to the node party for a certain period of time. Second, after the first round of voting, that is, the candidate node vote, the voting rights will be all candidate nodes, the requirement is to obtain more than 2/3 of the votes in favor of the candidate node eligibility. After becoming a candidate node, the node can encourage members of the entire network to vote, and when the node votes are ranked before 21, it can become a witness node, each voting cycle is 7 days.

In terms of mining incentives, 16% (336 million pieces) of NetFlowCoin’s tokens will be awarded to the witness node. At the same time, as a witness node, the organization can also help users realize a reasonable conversion of traffic and value to earn traffic service rewards, which will account for 64% (1.344 billion) of NetFlowCoin network total token amount!