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News Updates

Important update to the NFC chain & explorer

Important announcement: Updating of the NetFlowCoin chain

We are updating the NFC chain and block explorer now. When this is finished, NetFlowCoin will be able to adopt 0x addresses.

So users can begin using third-party wallets to connect NFC and transactions. They just need to add NFC’s information to their wallet. Third-party wallets that will be operational include wallets such as Metamask, imtoken, token pocket, and many, many more.

Of course, we can support the EVM and contracts, developers will not be required to modify anything when they deploy a smart contract on the NeetFlowCoin chain. 

Users will not be able to access the block explorer while we process this update, we apologize for any inconvenience, however, the upgrade will only take 24 hours to complete. 

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News

NetFlowCoin’s early miners can now convert their testnet tokens into NFCs

NetFlowCoin’s early miners can now convert their testnet tokens into NFCs

The long-awaited testnet token conversion announcement is finally here, users who participated in the early testing of NetFlowCoin’s testnet can now convert the tokens they mined into NetFlowCoin’s official coins. This will enable the miners to store, stake, or sell, their NFC coins ready for future purchases or investment gains.

 

The date has been set for the 23rd of September  2022 and will last for 30 days ending on the 23rd of October 2022.

How to convert the testnet tokens?

The testnet tokens will be converted via the  dedicated to the conversion of NetFlowCoin’s tokens. Every participant will be required to submit a request (via this website) after which the NetFlowCoin team will review and approve/reject based on the submission.

 

Every submission will enter a reviewing process that can last up to 7 days, so patience is kindly requested. Only the tokens that were mined from the testnet by the miners will be converted into NFC’s mainnet coins.

 

After the reviewal process, each submission will then receive NetFlowCoin coins immediately over the mainnet. The conversion between the token to coins will be a 1:1 ratio.

 

For any further questions please refer to the conversion guide or submit a message request via the NetFlowCoin website here.

Download the NetFlowCoin conversion guide

Download our step-by-step guide on how to convert your NetFlowCoin testnet tokens into NetFlowCoin mainnet coins.

Click to download

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News Press Coverage Updates

NetFlowCoin and UC Berkeley establish a partnership for blockchain and web 3.0 infrastructure research

NetFlowCoin and UC Berkeley establish a partnership for blockchain and web 3.0 infrastructure research

Today NetFlowCoin and Berkeley Defi Research Initiative announced an industrial partnership to jointly develop new blockchain technologies and Web 3.0 applications solutions, leveraging on the strong blockchain community and deep expertise of its faculty and students at UC Berkeley.

 

UC Berkeley has been a leading institution at the forefront of innovation in blockchain and Web 3.0 applications. Through this new partnership, NetFlowCoin will donate its network validators and engineering resources to establish a NetFlowCoin witness node at Berkeley. Berkeley Defi Research Initiative will sponsor forward-looking research topics based on the NetFlowCoin network and also Berkeley students to utilize NetFlowCoin’s capabilities in their research projects.

 

NetFlowCoin has expressed its commitment to further strengthen its academic outreach program at Berkeley as the initial phase of the partnership is taking place.

About NetFlowCoin

Aiming to become an integral part of rapid growing Web 3.0 infrastructure, NetFlowCoin has created a platform that allows users to share, store, and stream data in a completely decentralized environment, while rewarding contributors in the process.

 

The NetFlowCoin ecosystem is a combination of blockchain, SDVN, and DAPPS. Each area provides value to the space.

 

Users are given the option to purchase NetFlowCoins and pay for a variety of services across the network, such as storing data, accessing and streaming media content, and/or using DAPPS.

 

In addition, users can become miners themselves, offering their storage space and media content, to other users in return for NetFlowCoins.

 

The platform will act as a globally distributed network that can support applications designed for the metaverse. Developers can host their game-fi, social-fi, and de-fi applications across the NetFlowCoin network.

 

Learn more about NetFlowCoin

Official Website: https://www.netflowcoin.io/

Telegram: https://t.me/NetFlowCoinCommunity

Twitter: https://twitter.com/NetFlowCoin_io

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Introduction News Updates

2,500 NFC Giveaway! Buy & Earn

Buy & Earn 2,500 NetFlowCoin Giveaway on the BitMart Exchange

NetFlowCoin will list on the BitMart exchange at 05:00 AM on March 22, 2022, EDT!

To celebrate the listing of NFC, we are giving away 2,500 NFC in our Buy & Earn event!

Period: 3/22/2022 05:00 AM – 4/6/2022 05:00 AM EDT

Buy & Earn – 2,500 NFC Giveaway!

During the event, the first 2,500 users who buy NFCs greater than or equal to 300 USDT of NFCs will be eligible to receive 1 NFC each.

Note:

  1. The Buy & Earn event rewards are only for the first 2,500 users who buy the required amount of NFCs.
  2. Users who use multiple accounts to join will not be qualified for any rewards.
  3. Rewards will be distributed within 15 business days (not including national holidays, and weekends) after the competition concludes.
  4. All trades that we deem to be “wash trades” will not count towards for this competition. BitMart reserves the right to freeze any suspected accounts.
  5. BitMart reserves the right to cancel or amend the competition or competition rules at our sole discretion.

ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.

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Articles News Updates

NetFlowCoin a web3 provider: Limitless possibilities

NetFlowCoin a web3 provider: Limitless possibilities

Currently, we are still in the early stages of web 3.0, with a wide variety of potential candidates that’ll become web3 providers. Although we are uncertain what web3 will eventually end up looking like, we must first identify key characteristics that we can associate with a web3-based ecosystem.

Key characteristics of a web3 network

  1. Decentralized AND centralized: A web3 model could be a combination of both a decentralized and centralized architecture, as everyone will become their own centralized hub that is connected to the network as a whole.

 

  1. DAO (decentralized autonomous organizations): One of the highest forms that web3 could offer is in the form of a DAO, whereby companies can take on a governance model that enables “stakeholders (coin holders)” to vote on decisions within a company, and a smart contract initiates the outcome of a vote (just one example).

 

  1. The rights to your data: Web3 will ultimately offer individuals complete control over their data, and any revenue their data generates.

 

  1. Anonymity: Users will have the option to remain completely anonymous, partially anonymous, or open across a web3 network. 

 

  1. Sustainability:The web3 will be sustainable in the sense that, the more nodes in the network the stronger that network will be. When DAPPs (decentralized applications) are hosted across a web3 network, the speed at which they operate will outweigh that of a centralized web2 network. 

A web3 provider’s vision

Currently, the web2 architecture is entirely centralized, and the majority of the data/information is held by the gatekeepers such as Facebook, Apple, Amazon, Microsoft, and Google (FAAMG). 

 

It is hardly a possibility for new companies to take on such giants, that is why a web3 infrastructure will shift the paradigm from these gatekeepers to the people. 

 

This creates a void that must be filled to enable individuals to access similar functions to what FAAMG offers. How would this be done? 

 

By creating a globally distributed network that enables complete peer-to-peer communication that is filled with content, DAPPS, services offered by the individuals who built them. 

 

Such a network would consist of high bandwidth sharing, enabling fast computational processing, combined with a storage function, and a gateway for users to access any one of these distributed devices’ content.

How NetFlowCoin is becoming the designated web3 provider

Over the past 10 years, the NetFlowCoin foundation created such a protocol that enables P2P communication, called the SDVN protocol. Many 3rd party developers are using the SDVN protocol as the foundation of their APPS/DAPPS. 

 

Until recently, the NetFlowCoin foundation combined the SDVN protocol with the blockchain to form NetFlowCoin.

 

NetFlowCoin’s network has the ability to host applications built for the metaverse, by splitting and distributing the applications across its 3.6 million NFC-ready nodes.

 

The characteristics that shape NetFlowCoin has widely become one of the top contenders that’ll be a web3 provider as, users can access other users’ devices across the network to store, stream, and share digital content. 

 

In addition, any digital content accessed across the network will create data traffic, it is this traffic that is then calculated by the network that distributes rewards based on the amount of traffic an individual/user generates. 

 

Although many blockchain projects are ultimately working toward a web3 architecture, many are far from achieving this goal. The future of the internet is here, now it needs time to mature.

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Articles News

Web 3 Puts Data Ownership in the Hands of the People and NetFlowCoin is Building its Backbone

Web 3 Puts Data Ownership in the Hands of the People and NetFlowCoin is Building its Backbone

There’s no doubt that the past few decades have been monumental for mankind. The internet, smart devices, and cloud networks have made the world readily available at our fingertips with multiple millennium worth of information now just a click away.

While the internet exists as a commodity for the people, centralized parties have long been its gatekeepers, monopolizing even the farthest-reaching crevices of the space. Bandwidth, cloud storage, and accessibility itself are heavily safeguarded by the Big Tech Behemoths with the largest prize being user data: collected and profited off of without including the users.

The recent emergence of Web 3 is a natural response to this dynamic: people are beginning to seek ownership of their data, along with the freedom to use the internet when and how they please. And NetFlowCoin is spearheading this movement.

SDVN + Blockchain = Secure, Decentralized, Scalable

NetFlowCoin’s core technology synergizes the immutable and decentralized features of blockchain with the scalable and secure time-tested infrastructure of SDVN. The result is a fully transparent and customizable network that bridges the best of both on and off-chain worlds while remaining accessible to all.

With SDVN as an underlying layer, the users of NetFlowCoin can reap the benefits of enterprise-grade virtual network technology, that has both been utilized by Fortune 500 companies and accrued millions of users over 10 years. On top of this, SDVN is virtually unhackable as well as infinitely scalable, making it a flexible solution for a broad spectrum of user needs.

As a Layer-1 solution, NetFlowCoin seamlessly integrates blockchain technology with SDVN to make possible decentralization, immutability, and a closed-loop token economy where users can profit off of their own footprint within the network.

The End of Gatekeepers

NetFlowCoin’s dual consensus model mitigates the ability of centralized parties to monopolize the network. Proof of Stake ensures that the network is distributed, decentralized, and scalable through a vast spread of nodes while Proof of Flow incentivizes miners to provide traffic flow in the form of network services. The more miners, the faster and more efficient the network.

In a true peer-to-peer decentralized fashion, users of the network can freely purchase or sell cloud storage and bandwidth speed directly to and from other users without the need for third-party intermediaries. Whether it’s gamers, small business owners, or enterprises, all users of the NetFlowCoin platform can customize their own network build on-demand with optimal cost efficiency and iron-clad security.

Build Freely

In utilizing both Blockchain and SDVN, NetFlowCoin can bridge applications between the on and off-chain worlds. This allows for the magic of decentralized applications to seamlessly reach the vast user base of traditional networks as well as the ability of off-chain applications to connect to the blockchain without friction.

As an open-source protocol with high transaction speeds and low network costs, NetFlowCoin also provides an ideal foundation to build a variety of APPs/DAPPS. From Virtual Private Networks (VPN) and Private Decentralized Messaging Apps to Content Distribution Networks and fully programable Digital Assets, NetFlowCoin is the bedrock in which the vision of Web 3 can materialize: Owned by none, yet owned by all.

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Articles News Press Coverage

News Update | NFC Testnet Token Conversion Coming Soon

News Update | NFC Testnet Token Conversion Coming Soon

NFC testnet tokens conversion notice

Hello to all NetFlowCoin testnet miners!

Your contribution to the NetFlowCoin network and community has always been something we admire and take great responsibility for. 

Without your participation, the NetFlowCoin mainnet could not have been a successful launch.

With the arrival of the NetFlowCoin mainnet token’s IEO, we are pleased to inform you that the function of converting testnet NFC tokens to mainnet tokens will be available soon. 

After the conversion, you can withdraw the mainnet native coin ‘NFC’ that meets the conditions of your NFC mainnet address.

Please pay attention to our Twitter for more information about the the conversion launch.

Thank you very much for your continued support of the NetFlowCoin project. 

We are excited to continue working with you to build a strong, decentralized, and efficient foundation for human society.

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How Netflowcoin has laid down the foundation of the new internet, web 3.0

How Netflowcoin has laid down the foundation of the new internet, web 3.0

The company behind web 3.0’s internet architecture

It’s difficult to imagine a new way to interact with the internet. But, with everyone talking about web 3.0 and all the benefits that come with it, we must look into the companies that are building the foundation to support such a feat. 

NetFlowCoin has begun generating waves of interest, as, their SDVN protocol has created the perfect foundation-bed that will be used as web 3.0’s communication layer, capable of supporting a variety of APPS and DAPPS across their 3.6 million nodes.

What does web 3.0 look like?

The web 3.0 architecture reverses how data flows across the internet. Incidentally, removing the centralized aspect that these large web 2.0 giants have created, and monopolized, but instead reverses how an individual’s data is used/collected. 

Conventionally, data is transferred peer-cloud/server-peer, meaning there is usually a 3rd party that has access (and rights) to any of the data an individual shares across the web. However, web 3.0 will be a decentralized network that will remove the 3rd party from peer-to-peer communication.

How does NetFlowCoin’s SDVN work?

As data flows in a centralized way and is restricted by the physical infrastructure, the SDVN protocol acts as a customized virtual network built upon the physical network. The virtual network is not restricted by any third-party telecommunications company, nor any giants such as Google or Facebook, but is programmable by the users to share, control, and view data entirely free from the restrictions presented by a web 2.0 architecture.

In addition, the SDVN protocol, combined with the NetFlowCoin ecosystem, enables users not only to have the freedom of open data sharing but will also reward users for any data shared across the platform.

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Articles News Updates

Announcing our newest partner Metaspacescan

Announcing our newest partner Metaspacescan

We are happy to announce our newest partner Metaspacescan. Welcome to the NetFlowCoin network!

What is metaspacescan?

Metaspacescan.io is a blockchain explorer and data service platform. It provides various types of mining data, blockchain data queries, visualization charts, etc.

Metaspacescan.io wants to become the portal to the crypto world, like an explorer that can support multiple blockchains, e.g. bitcoin, netflowcoin, ultronglow, tron, Ethereum, etc…

Metaspacescan.io is the first official third-part blockchain explore to support the NetFlowCoin project.

What can be done on metaspacescan?

The Netflowcoin’s functions e.g. pledge, manage account, will all be supported by metaspacescan.

If you want to view blockchain data e.g. block height, transactions, rewards, miners, or anything about the NFC chain, you can get it from nfc.metaspacescan.io.

For users, you can check the FUL balance in the explore, and you can view the blockchain data.

For miners, you can pledge PoS/PoF, manage your mining account (address), check your NFC balance, and mining rewards. Also, you can pay for a punishment score.

For traders, you can check your transactions across the network, you’ll also be able to change your balance, etc.

Why have we switched the explore from srscan.netflowcoin.io to nfc.metaspacescan.io?

The mainnet launch is just beginning, we have a lot of work to do. We need to focus on developing, running, maintaining, and other technical work related to the blockchain. Also, we need to connect with our communities, markets, and developers.

So, we found the metaspacescan.io team to build a new explorer for our mainnet, to meet the needs of different users.

Our official explorer will be shut down after phase 2 of our mainnet has launched (mid-January). From then on please visit nfc.metaspacescan.io for anything you want.