Welcome to the second edition of the PaperCoins Newsletter where the community’s favourite crypto projects get reviewed. For this week’s crypto review we have Mainframe or $MFT.
You can find more information on Mainframe at the following links:
According to Coinmarketcap, Mainframe can be described in the following way:
Mainframe (MFT) is a platform for decentralized applications. The Mainframe network enables applications to send data, store files, and manage payments.
The project bills itself as the ‘the messaging layer for the new web’. The MFT ERC-20 token can used as a medium of exchange within the platform.
For some background on the Mainframe project you can refer to the Abstract from their Whitepaper:
Weaknesses in existing Internet protocols make it impossible to provide robust network security. Mainframe is an incentivized and fully decentralized communications layer that enables reliable, secure packet routing, packet delivery, packet holding, file storage and data services. Its security model not only provides encryption, but also resistance to censorship and surveillance. A detailed description of the Mainframe platform, incentivization model, token economics, and development roadmap is provided.
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