Blockchain Technology

Meshcore utilizes blockchain technology to record and manage computing tasks, node contributions, and transaction information. The transparency and immutability of blockchain ensure the fairness and credibility of all operations. The introduction of smart contracts further enhances platform automation and security.

• Distributed Ledger: All computing tasks, node contributions, and transaction records are recorded on the blockchain. Distributed ledger technology ensures the transparency and immutability of data.

• Smart Contracts: Smart contracts are a critical component of Meshcore's automation. They are used to execute various predefined operations, such as task allocation and reward distribution, ensuring the automation and trustless execution of these processes.

• Consensus Mechanism: Meshcore employs an efficient consensus mechanism to ensure all nodes in the network achieve consensus on the state of the ledger. This mechanism not only ensures network security but also enhances the speed of transaction confirmations.

• Decentralized Governance: Meshcore's governance mechanism is based on blockchain technology, allowing all holders of MeshCoin to participate in platform decisions. The decentralized governance model ensures platform transparency and democracy.