BEEX.one
BEEX.one
Nov 5 · 6 min read

BEEX.one listed POLA| POLA: a realization of the value

POLA Brief Introduction

PolarChain, a super-edge cloud based on blockchain launched by the super edge computing team. In the past, high mining costs and frequency restrictions always occurred in this industry.

Due to the popularity of Bitcoin and Ethereum, they have become a kind of important asset. The mining machinery chain and power resources are only in the hands of a few people, and a few share the clear majority profit of the industry.

The destination of PolarChain is that using blockchain technology builds a more advanced efficient, more stable, more scientific and rational edge computing platform. The project follows the original principle of “Everyone is equal” in the blockchain and achieves the contribution of effective resources.

For the specific practices, by collecting bandwidth, computing, storage, and other idle resources, PolarChain enables everyone to become edge computing nodes, each node can handle and execute nearby business and earn money, which means let mining become easier so that the public can also enjoy the dividend brought by blockchain technology.

Polar Chain is committed to building a complete ecosystem within the decentralized peer-to-peer edge platform, refactoring the existing Internet model, achieving value circulation and enhancement, and completing the “last mile” of Web 3.0.

The founder Jason Liu has rich experience in the blockchain industry. IPFSbit, led by Jason, is a professional blockchain distributed storage service provider. It’s core team from Baidu, 360, Shenda, Ubuntu and other famous Internet and IT enterprises, 80% of employees have 10 years or more of work experience, in hardware, operating systems, Internet.

1) For many users, Polar chain is still a new thing. Jason, can you give us a brief introduction to Polar chain?

Polar chain is an edge computing platform based on blockchain technology that builds a shared economy through crowdsourcing mode, much like Didi taxi. In the Didi model, drivers bring the car, but for us, the user brings the mining machine to become a part of us. We use this blockchain technology. Then we build a platform that all users can participate in, and take advantage of the automatic spirit of the blockchain. The goal of Polar is to build a more decentralized in a more decentralized edge computing platform because we know edge computing is the one kind of 5G core technology.

2) For the green hand of cryptocurrency, how to get the first cryptocurrency is a question. At present, there are two ways to obtain cryptocurrency: mining and purchase. At first, how to mine? Whether it is profitable? Comparing the mining and trading, which one is better to make money? could you please explain how mining is better?

OK, at first let’s say how to mine. In fact, it is very easy to mine POLA. Different from Bitcoin, it needs so much power and computing power to buy expensive machines. However, mining POLA relies on bandwidth. Everyone can mine POLA at their own home. If you have a second-hand computer or a low-power mining machine, and the bandwidth, then you can mine right now.

Secondly, there is no doubt that mining can make money, and it is reasonable that business derives like Bitmain. Everyone can regard mining as fixed investment.

The third one is mining and trading, which one is more profitable? I think if people who have no certain understanding of the secondary market, it is better to mine because the mining is slightly more stable. In the secondary market, more people lose money. Because everyone thinks they are stock gods, but at last they do not make any profit. For the miners, it’s a bit more stable. Like in 2017, when the blockchain is on fire, lots of KOLs and the founders of token funds who are miners. Why did they finally become such KOL? Because they dug a lot of bitcoin and they have the confidence, not like others that they have missed this wealth in constant trading.

Thank you, believe that many people will learn to your answer, and they will make a better choice after your sharing

3) What is the difference between mine POLA and Bitcoin or Ethereum?

A: We have made a set of software which is an operating system. This is free to download. Then, you need an activation code which is also freely distributed. If you have a storage device or a computer, you can participate at any time. If you don’t have the device, you can go to Taobao or somewhere to buy a NAS device, then you can start to mine POLA.

We know that mining without economic closed loop can only rely on consensus, such as BTC, but the difference between POLA is that the more POLA users mine, the greater the economic benefits of the entire network, in line with the fax effect of the Internet, is a positively exciting the mining behavior of the cycle, because the POLA is a real commercial realization.

4)Polar Chain is a small startup. Does it have an advantage over traditional Internet giants such as BAT? Where is the confidence of Polar Chain?

Edge computing is a technology that has been particularly hot in the last two years because 5G is coming, but no company can master this technology, even some BAT like resource types. For example, Ali may be rich, but its business can only reach IDC (data center). Because per a company’s formal business process, what the company can do is only to buy resources. If there is no such resources, they cannot buy them, but the POLA is different. It is called a network of countless family miners.

5)The distribution is crucial. Which companies do POLA have signed with?

We have signed four companies, all of which are large Internet companies. You can capture packets through the router. For example, a company like Iqiyi, which has a very high demand for traffic.

6)Is there any practical use of POLA coins? In other words, does anyone want to buy this coin for business?

Now it’s an incredible thing to let Internet companies buy and consume tokens. I believe that no company can do this. Therefore, what we do is to sign a contract, and the contract is settled in legal currency. Then we take the money to buy back the token. In this process, it is like that they buy our token.

7) In addition to mining, what practical benefits does Polar Chain offer to users?

On the one hand, miners, including users, have never used this electronic money before. Since they are the green hand in this industry, they can understand, learn and use the knowledge here, which is simple and beneficial.

On the other hand, we are currently undergoing CDN acceleration and in the future, we will perform the mining power and storage industry. The benefits we can bring to the users are network acceleration and game acceleration, includes watching smooth videos and live videos.

8)What is your vision or plan for the next development of Polar Chain? Can you disclose some information to friends who are participating in the live broadcast?

  • The Polar chain has become China’s largest edge computing IaaS platform, and next year it will have a scale of 50–100 million mining machines.
  • Become a multi-excavation ecosystem platform for PoC, traffic acceleration, and distributed storage.
  • POLA can be an incentive and consumption pass between the project side, business partners and miners.
  • POLA can access more commercial applications.

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