Blockchain
Phaeton Set to Deploy Eight Modular Data Centers for Solar Farm
Perth, Australia–(Newsfile Corp. – January 26, 2022) – Phaeton Networks has collaborated with Phaeton Energy to create an integrated renewable energy ecosystem, on several projects. Phaeton Energy has been concentrating on procuring land to develop micro-grid solar farms that will provide electricity to local communities 24 hours a day, seven days a week. Phaeton Energy will incorporate Phaeton Networks’ data centres within its ecosystem while developing these solar farms.
Phaeton Set to Deploy Eight Modular Data Centers for Solar Farm
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The data centres being implemented are ISO Data Centres and based on the sizes of international sea containers. They are an alternative to OMD (Off-grid Modular Data) centres, which are solar-wrapped. The ISO Data Centres will primarily be powered by Phaeton Energy’s solar farms, supported by backup battery storage. The external structure will be built by K-Star, a significant brand in power electronics and innovative energy goods. At the same time, Phaeton Networks’ team will install the essential servers, satellite links, and remote administration and security systems.
ISO Data Centers are to be deployed on all Phaeton Energy’s Community Embedded Network Solar Farms. The first of these will be:
- Berrigan, New South Wales
- Mullewa, Western Australia
- Dalwallinu Shire, Western Australia
- Port Denison, Western Australia
- Augusta, Western Australia
Phaeton Blockchain is a decentralised ledger system with a block size of 250kb (potentially one million transactions) and a creation time of five seconds. The Delegated Proof of Stake with Delegated Byzantine Fault Tolerance (DPoS+dBFT) consensus process is used in the Phaeton Blockchain, which improves energy efficiency. Phaeton is a self-contained blockchain that offers a platform for businesses to use, whether for monetary, transactional, data, or smart contract purposes. Individuals’ capacity to host a node is essential to the Blockchain’s speed, scalability, and security.
Why is Phaeton building its own data centres?
Phaeton Networks’ Data Centers, a branch of Phaeton Pty Ltd, is the first Blockchain Platform to establish its wholly owned infrastructure. Other Blockchain platforms keep their data in giant data centres like Amazon Web Services, Microsoft, or Google so they have no control over their data or costs. Phaeton Networks’ data centres are powered by renewable energy as a Green Blockchain whereas most of today’s data centres are powered by fossil fuels. Phaeton data centres are also modular and can be deployed faster in any location, making Phaeton the most decentralised Blockchain globally.
By building its infrastructure, Phaeton Networks have many benefits over its competitors:
- Cost control: Phaeton charges fewer fees for transactions. Fees charged by other Blockchain platforms are increasing as they have no control over the cost charged by major data centre owners.
- Data control: Private data is not lost as Phaeton is a decentralised system and replicates data on other data centres. For example, if a fire destroys a data centre, the data stored can be lost forever. In contrast, Phaeton would have copies of the data.
- Asset growth: Data centres can be considered as real estate. By owning and operating these data centres, Phaeton is consistently improving the wealth of its shareholders and token holders.
- Social impact: The burning of fossil fuels is not stainable and has a significant environmental impact globally. Phaeton has taken the lead by ensuring our data centres are powered by renewable energy.
Phaeton Pty Ltd has created two modular data centres to address environmental problems.
- Off-grid Modular Data (OMD) Centre: This data centre can be set up in any remote or regional area, making it perfect for disaster relief and military needs. Solar panels and wind turbines power these data centres. Internal cooling is achieved by combining geothermal technology with negative pressure.
- ISO Modular Data Centre: Phaeton’s solar farms and real estate developments are connected to these larger ISO data centres. These data centres are connected to ISO Modular battery systems, which provide power 24 hours a day, seven days a week.
The prototype OMD from Phaeton Networks is now ready to go live. The first OMD Center was planned and built by Phaeton in collaboration with Atomic 6 in June 2021. The durability and quality of this prototype will be examined and assessed. The system’s modular design allows it to be fully scalable and installed quickly. A unified renewable energy system powers and backs up the system, with a dual backup system running indefinitely. Physical biometrics and a robust network security mechanism protect the OMD centre. The network can operate and monitor remotely 24 hours a day, 7 days a week, 365 days a year. OMD centres can be set up on rooftops, remote mine sites, or deserts.
The satellite communications are pre-installed and ready to go. The servers and racks are kept clean, dust-free, temperature-controlled, and static-free. Phaeton offers three different designs: a Vortexed Tower, a Single Level HIVE, or individual Cubes locked together to improve data storage capacity.
To learn more about Phaeton, visit Phaeton.io.
Twitter : https://twitter.com/PhaetonOfficial
Facebook : https://www.facebook.com/phaeton.io/
Instagram : https://www.instagram.com/phaetontechnology/
Telegram : http://bit.ly/Phaeton_telegram
Medium : http://medium.com/@phaeton-technology
LinkedIn : http://www.linkedin.com/company/phaeton-technology
Discord : https://discordapp.com/invite/F44Ybhj
YouTube : https://www.youtube.com/channel/UCLIYg824KeHUmUtDBqRundg
Media Contact:
Company: Phaeton PTY LTD
Contact: Chai Shepherd
City: Perth
Country: Australia
Email: [email protected]
Website: https://Phaeton.io
SOURCE: Phaeton
The information provided in this release is not investment advice, financial advice or trading advice. We are not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by reliance on any information mentioned in this article. All readers are encouraged to do their own research.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111785
Blockchain
Cardano Founder Says “Crypto Doesn’t Want To Set The World On Fire”
According to a report from Crypto Daily, the founder of Cardano, Charles Hoskinson, expressed a sentiment that the cryptocurrency industry does not aim to “set the world on fire.” This statement reflects a broader perspective on the role of cryptocurrency and blockchain technology in the global economy and society.
Hoskinson’s remark suggests that the cryptocurrency industry is not solely focused on disruptive or revolutionary change but rather on providing innovative solutions to existing challenges and improving upon traditional systems. This viewpoint underscores the belief that cryptocurrencies and blockchain technology can coexist and collaborate with established financial and technological infrastructures, rather than seeking to replace them entirely.
By emphasizing a collaborative approach, Hoskinson highlights the potential for cryptocurrencies like Cardano to complement existing financial systems and contribute to positive developments in various sectors. This includes areas such as finance, governance, healthcare, and supply chain management, where blockchain technology can offer enhanced security, transparency, and efficiency.
Overall, Hoskinson’s statement reflects a pragmatic and inclusive perspective on the role of cryptocurrency in society, emphasizing the importance of cooperation and collaboration in driving meaningful progress and innovation. As the cryptocurrency industry continues to evolve, this mindset is likely to shape its trajectory and impact on the broader economy and society.
Source: cryptodaily.co.uk
The post Cardano Founder Says “Crypto Doesn’t Want To Set The World On Fire” appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Targets $1 Billion for New ‘All-in-One’ Blockchain Fund Set for 2025 Launch
Pantera Capital aims to raise $1 billion for its new all-in-one blockchain fund, slated for launch in 2025, as reported by Bitcoin.com. This ambitious fundraising goal underscores Pantera’s confidence in the potential of blockchain technology and its commitment to supporting innovative projects in the space.
The new blockchain fund from Pantera Capital is designed to be a comprehensive investment vehicle, providing exposure to a wide range of blockchain-related assets and opportunities. By offering a diversified portfolio of investments, the fund aims to capitalize on the growth and development of the blockchain ecosystem while managing risk effectively.
Pantera Capital’s decision to launch a new blockchain fund reflects its bullish outlook on the long-term prospects of the blockchain industry. With increasing mainstream adoption and institutional interest in cryptocurrencies and blockchain technology, Pantera sees significant opportunities for growth and value creation in the coming years.
The $1 billion fundraising target for the new blockchain fund is indicative of Pantera’s confidence in its ability to attract capital from investors seeking exposure to the burgeoning blockchain market. As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to capitalize on the growing demand for blockchain-related investment opportunities.
Overall, the launch of Pantera Capital’s new all-in-one blockchain fund represents a significant development in the blockchain investment landscape, offering investors a comprehensive vehicle for gaining exposure to the rapidly evolving blockchain industry. As the fund prepares for its launch in 2025, it is poised to play a key role in shaping the future of blockchain investment and innovation.
Source: news.bitcoin.com
The post Pantera Capital Targets $1 Billion for New ‘All-in-One’ Blockchain Fund Set for 2025 Launch appeared first on HIPTHER Alerts.
Blockchain
Exverse debuts its token on Bybit ahead of the FPS game’s launch
Exverse, a free-to-play game bringing a fresh take on AAA first-person-shooters to Web3, announces the launch of its native $EXVG token on ByBit, a top-three crypto exchange by volume with over 20 million users. The ByBit launch will be followed by spot listings on the MEXC and Gate exchanges. Ahead of its full alpha launch in mid-May, Exverse hosted a soft-launch tournament for 5,000 early registrees on April 15 with cash rewards for top performers.
During the last bull run, Web3 games rose to prominence under the play-to-earn mechanism that made games like “Axie Infinity” so popular. As this model became widely replicated, many of these blockchain-based games prioritized the crypto elements at the expense of the actual game aspects. This trend could be seen in practice by many titles opting to undergo a token launch before even having a working demo, disincentivizing developers to build a quality game, and leaving users with no ecosystem or functioning game to play and spend or the native currency in.
With Exverse approaching its full launch, players can earn $EXVG by performing well while using the native token to enter matches, purchase premium items, and more. The $EXVG token builds on Exverse’s extensive beta and serves as the ecosystem’s currency while the game’s community witnessed a 20 percent growth in verified signups within a month. Supporting Exverse in their token launch are prominent launchpads and incubators that include Seedify, ChainGPT, and GameFi.
To build momentum for its upcoming alpha launch in mid-May, Exverse showcased its game by holding an exclusive deathmatch-style tournament for 5,000 early wait listers on April 15. The five-day tournament, which took place on the game’s ‘Battle Planet,’ gives players a chance to demonstrate their skills and win rewards via stablecoins and tokens. With $50,000 in total up for grabs, the top 100 performers earned at least $200. Top five finishers earnings were dispersed accordingly:
1st place: $4,000
2nd place: $2,000
3rd place: $1,500
4th and 5th place: $1,000
Built using Epic’s Unreal Engine 5, Exverse utilizes blockchain technology to strike a balance between enjoyable, realistic, and immersive real-time gameplay. The game prioritizes skill over pay-2-win mechanics, enabling players to earn rewards by staking tokens before a season’s kickoff. Top performers receive a share of profits from in-game NFTs such as cosmetics and skins.
To support the ecosystem’s development, expansion, and growth while rewarding the team and its early supporters, 400 million $EXVG will be minted.
“We are extremely excited about our token launch and proud to work with a great partner like ByBit to make it happen,” says Fei Ooi Hoong, CEO of Exverse. “We worked tirelessly to develop a diverse, engaging, and intuitive first-person shooter capable of revolutionizing how the public views blockchain-based gaming. Our talented team tapped into its background in traditional gaming to develop a rich and immersive gaming experience and then strategically implemented the NFT elements and in-game economics to enhance the user experience.”
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