MassGrid project update(3.2–3.15)

Mass Grid
4 min readMar 18, 2019

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1| Development Progress

  • Virtual machine network development:

1.Virtual network payment system

When renting the virtual machine service, the user’s prepaid token will be locked in the primary node account. When the service expires, the mine is dropped and the user deletes the service, the service will be deleted by the master node and the settlement mechanism will be triggered.

At the time of settlement, the locked funds will be proportionally transferred to the miner’s coin-collecting address (computing service fee), the master node’s coin-collecting address (master node service fee), and the official coin-collecting address (virtual machine network commission). If the service is not expired, the remaining balance will be returned to the user’s address.

2.In order to evade the Econnoisseur has always occupied the machine, we will use the method of replacing the coin to let the user participate in the new version test.

3.The new version is planned to be released next week。

Focus, important knowledge

Virtual Machine Network: Get ☑️

New skills: Get ☑️

Payment system: Get ☑️

The new version will be released soon, and what kind of surprise will coming soon?

2| Mining machine revenue

The official managed mining machine revenue has been released, details are as follows:

Time: 2019.2.25–3.11

Duration: 14 days

Total revenue: 92,090 MGD

Average income per miner: 85.43 MGD/day

3| Operational activities

1.On March 8, 2019, the CEO of MassGrid was invited to attend the 63rd Anniversary Reception of the Hong Kong Baptist University. He was invited to be the honorary chairman of the Hong Kong Baptist University Fund and presented the fund certificate at the reception ceremony.

In fact, as early as July 2018, MassGrid has donated funds to support the Hong Kong Baptist University to reach a cooperation agreement to establish the “Hong Kong Baptist University Blockchain and Financial Technology Laboratory” to ensure the teaching and research and data sharing of the underlying technologies in the blockchain. We have extensive cooperation in talent training and other aspects to jointly promote scientific research in the field of computer science GPU technology and artificial intelligence.

MassGrid did not vigorously promote this, but the users have already found relevant information, especially thanks to the enthusiastic users for their support and attention to MGD.

At present, the papers on parallel machine learning using MGD’s distributed network have been successfully published, but we have to do more than this. MGD has only one goal, to be the best decentralized parallel computing platform. Then use for the business. MassGrid strive in developing the best decentralized computing network.

2、3.14 MGD white valentine‘s day

MassGrid said: Fall in love with the right person, every day is Valentine’s Day. I have MGD and I am happy every day.

The user replied: I am digging MGD, I am happier every day, I have an MGD node, and it is almost an explosion.

3、Integrity 315, we have been in action for consumers’ decentralized computing network.

4.Join our community activity, create a good MGD slogan!

About MassGrid

MassGrid is a decentralized computing network based on blockchain technology. MassGrid virtualizes hardware computing resources scattered around the world into decentralized computing nodes, which forms a computing network with abundant computing resources and unlimited access. By using this network, Users can process sophisticated tasks in high performance and low cost, such as machine learning, big data processing, rendering , and parallel searching.

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