Crypto is one of the much-discussed topics around the world where it has arisen the curiosity of the stakeholders for their business applications. Many researchers have been conducted on new applications of crypto and its impacts on the world economy. With the emerging crypto solutions, it gives a massive challenge to the crypto giants such as ETH, BTC and etc. Maximus coin is one of such solutions introduced to improvise the current Blockchain network.
What is Maximus?
Maximus coin is building the world's first decentralized ecosystem, which will be powered by a distributed cloud storage network. It is linked to a decentralized cloud network, allowing hosts to earn money by renting out their space, while consumers or renters pay for services, resulting in an open and sustainable product and service economy for the global community of users and hosts.
Maximus Economy
The purpose of this project is to protect humanity against everyday data breaches, privacy violations, and fraud. At the centre of this unique decentralized ecosystem is this blazingly fast, low-cost, and secure decentralized cloud storage. By utilizing the power of blockchain, cryptography, and encryption, Maximus Network is constructing the largest and most trustworthy cloud data storage solution. Maximus uses blockchain technology to let anybody save encrypted data files with numerous nodes throughout the world, allowing you to store your data and access it from anywhere.
Data is traditionally stored in a centralized location on the cloud. Data's location is easily exposed because it is only identified by its location. The URLs or web links point to or identify the data's location. To access data stored in a centralized cloud, a web link must be used to define its location. The risk of disclosing data location in centralized cloud storage includes data hacking and data loss.
How it solves the problems?
Traditional cloud storage providers must build up a massive procedure including people and expenditures for a variety of objectives. Cloud storage data centres are not always close to the user, prolonging data transit on the network before this arrives at the end user. It is a significant drawback that cloud services are centralized. Data is kept in a central cloud system that is owned and maintained by someone except you, so access to data is not necessarily secure.
However, Maximus come up with strong solutions to solve these issues in the traditional cloud system. The Maximus network is developing a worldwide cloud storage network with millions of nodes that will host your data and provide improved storage capacity. The speed of the network is ensured by By leveraging P2P technology and eliminating a central server, many copies of the data are retained on various nodes, allowing for more copies of the data and hence faster download rates.
In terms of data security and privacy, Data is encrypted and shared prior to actually being sent to the host nodes for storage. Data is separated into sections, and encrypted files that no one can see are dispersed to several locations that compete for data storage while complying with smart contract conditions.
Maximus NFT
Maximus NFT for farming and staking is being developed as one of several methods for investors to profit from the Maximus ecosystem. Maximus NFTs incentivize future investment by providing the buyer with decentralized cloud storage space on the Maximus Network, which may be rented out to Maximus Coin users. Uniqspot is a new NFT Marketplace that makes it simple to create, own, and trade NFT in an easy-to-use environment. Maximus intends to empower artists and owners by reclaiming ownership of their creations in a non-controlled decentralized ecosystem.
Conclusion
As part of a drive to decentralize the web and establish a better future, Maximus Tech intends to disrupt the cloud storage business by eliminating existing industry constraints. The users will enjoy the convenient usage of their data without any fear with enhanced security and privacy of their data. prominent blockchain solutions have been introduced while utilising Maximus tech solutions. The key to success is to use an improvised blockchain system to address real-world problems.
http://maximuscoin.io/
