The First Smartphone-Based Blockchain Network.




The World-First SmartPhone-Only Mining Blockchain Technology + Distributed Computing Technology Low-Power Mining Platform for High-Scalability MIB remains for Mobile Integrated Blockchain. Our Blockchain Network depends upon SmartPhone device which is the most generally utilized device with inconceivable incentive as it is known as the Mobile-PC. Anybody can download the MIB APP on their SmartPhone to begin Mining and exchange their Mined MIB Coin.

WEBSITE / WHITEPAPER / ONE PAGE

What Is MIB COIN?

MIB COIN is another blockchain progress, which is made to empower clients to mine crypto cash utilizing smartphone without utilizing extra techniques. This change offers another application with the assistance of which clients will have the capacity to share in the mining of crypto cash. Recalling the genuine goal to start, you have to perform practices in just a few means. This application basically should be exhibited on your smartphone, after which you start to mining the MIB token, pick the vital bit framework from the gave list. While utilizing this application, the smartphone cannot be harmed by distorting.

The affiliation describes an objective permitting each individual who needs to mining crypto cash. This is an absolutely eco-satisfying, low-vitality, solid system for centrality based mining. What’s more, it doesn’t require tremendous usages. All systems performed amidst the MIB mining can be controlled by the client, so the client can uninhibitedly stream the hash speed.


By what method Might It Work

By what method may you mine cryptocurrency on smartphones without dedicated extreme mechanical assembly?

Instantly, let’s depict what a HASH rate construes: In basic terms, a hash rate can be depicted as the speed at which a given mining machine works. A higher hash rate is better when mining, it develops your probability of finding the going with square and getting the reward and in the interim requires an immense measure of criticalness like we examine prior and to an incredible degree extreme. Moving Further,

Anybody can mine with a smartphone. Benchmark your smartphone and assign a hash rate. MIB is framed so your smartphone can withstand the computational multifaceted nature required for mining and shield your smartphone from overheating and harming the hardware. It`s conceivable with one smartphone. Reduced control by 99.24% emerged from existing mining machines.

You should simply download the APP, MIB Coin Mining App for Android variety is starting at now running on TestNet and you can download it on Google PlayStore.

https://play.google.com/store/applications/details?id=io.mibcoin.miner


MIB Technology

Mobile SmartX Blockchain Platform (MSXBP) solves extreme power consumption problem through Eco-friendly Low-power Mining type and runs the Blockchain Network with minimum cost. Also, MIB will integrate Blockchain Distributed-Computing Technology to process Consensus and Proof work done in Mining Peer level that will solve fundamental speed, parallel processing, and block other dangers suchlike 51% Attack. Their ultimate goal is to have every function of PC Nodes run on Mobile Unit.

Mobile SmartX Blockchain Platform

Mobile Smart X Blockchain Platform is a mobile integrated block chain platform. The thing to do notice here is the Alphabet X. X has two meanings. The first meaning is the number 10. It contains MIB’s will to create a flawless ecosystem where beginning and end are the same. The second means completion. It is a will to complete the MIB’s own blockchain market by operating and expanding diverse businesses

System Architecture

The architecture of the Mobile SmartX Blockchain Platform is as follows:

  •  Combination using block headers, nonce, and SHA3 algorithms
  •  Create a Smart pg block that mutates a DAG
  •  By combining the Smart pg created in Mix, you create a mix and repeat to create 32 mixes
  • If Mix digest is small or equal to the Target Threshold, notify the current Nonce to the blockchain network, otherwise run again as the new nonce.

Smart Hash Architecture


MIB Sequence Storyboard Implementation Plan


MIB COIN

MIB COIN is another blockchain progress, which is made to empower clients to mine crypto cash utilizing smartphone without utilizing extra techniques. This change offers another application with the assistance of which clients will have the capacity to share in the mining of crypto cash. Recalling the genuine goal to start, you have to perform practices in just a few means. This application basically should be exhibited on your smartphone, after which you start to mining the MIB token, pick the vital bit framework from the gave list. While utilizing this application, the smartphone cannot be harmed by distorting.

How MIB Coin Is Mined

The MIB Coin is intended to be mined particularly on cell phones and cannot be mined by intense mining machines. Mining MIB Coin requires 99.24% less preparing power contrasted with customary diggers, requires next to no power and the aggregate cost of the procedure is decreased in a way never observed. This is essentially phenomenal in light of the fact that it goes past cost diminishment by being absolutely eco-accommodating and practical. Mining will be available to everybody from anyplace with a web association from cell phones. Simply download the application from the application store, enlist and begin mining. It’s quick, no compelling reason to know to a Programme or handle entangled settings that even a 5-year-old could do. The procedure is totally protected and includes no danger of harm to gadgets.

Token And ICO Details

MIB tokens were issued in the amount of 600 million. 300 million MIB are allocated for sale. The pre-sales have already been completed, and at the moment the project is at the crowdsale stage. Until August 10, investors have the opportunity to purchase the cryptocurrency at a price of 1,200 MIB for 1 ETH, which is equivalent to buying 1 token for $0.5. The minimum purchase amount is 1 MIB. We can buy the cryptocurrency with the help of BTC and ETH. The project’s soft cap is $10 million; the hard cap is $25 million.

Token name: MIB
Stage: SmartX Blockchain
Token price: USD 0.5
Indicate supply: 600,000,000 MIB
Public ICO: Jul 20, 2018 ~ Aug 10, 2018

MIB Allocation

 50% of MIB Coin is allocated as Smart Mining and is available to anyone easily.
 27.51% of MIB Coin is used for the maintenance and management of MIB’ network ecosystem. More specifically, 11.67% for Reserve and 15.84% for Extra Marketing.
 22.49% of MIB Coin is distributed to MIB Pre-Sales, ICO, and the stakeholders. More specifically, 5.83% for     Pre-Sales, 8.33% for ICO, 3.33% for the investors, 3.33% for the advisors, and 1.67% for the team are distributed.

Use of Proceeds

 35% of the capital will be reserved.
 35% will be spent on developing the technology for SmartX Blockchain, Smart Contract, DAPP and token, and the connected platform by the development company.
 10% will be used as the operational cost of marketing, accounting, legal, and operations.
 10% will be used for MIB’ global marketing, social media channels, and advisors.
 10% will be used for establishing offices and developing businesses in major cities around the world for strategic partnerships and business development.


Funding Structure

MIB Coin will be paid after ICO is completed. However, the payment date may change depending on the progress.


 ROADMAP

2017 Q3

  • CONZBY:  Developing a cryptocurrency trading engine and an exclusive miner’s sales menu
  • Designing the initial concept of SmartX Blockchain platform (SBP)
  • Planning the SBP project and researching on technical aspects.

2017 Q4

  • Building a team for MIB coin project (based on SBP) and completing the concept
  • Publishing a white paper

2018 Q1

  • MIB coin official website Reinforcing the manpower of the team
  • Performing pre-sales
  • Advancing the development of SBP

2018 Q2

2018 Q3

  • Releasing the main network
  • Announcing mining pool clients
  • Smart Mining Application
  • Announcing smart mining application
  • Starting MIB coin mining
  • Supporting a master node community
  • CtoC trading service
  • coin send & money transfer

2018 Q4

  • Setting up and advancing the SBP R&D center
  • Opening a platform development center for expanding the cryptocurrency ecosystem
  • Supporting the issuance of a functional token and investing in technology
  • PayGate Service

2019 Q1

  • Increasing availability through the MIB Coin partnership expansion.

 TEAM


PARTNERS


Follow MIBCOIN to the Social Media


LAST WORD

MIB coin is a smartphone-based blockchain network. Endless possibilities mining with your smartphone.  Our Blockchain Network depends upon SmartPhone device which is the most generally utilized device with inconceivable incentive as it is known as the Mobile-PC. Anybody can download the MIB APP on their SmartPhone to begin Mining and exchange their Mined MIB Coin. The Mobile SmartX Blockchain Platform (MSXBP) empowers differing parts and exchanges on Mobile Environment. MIB Mining never again requires CPU, GPU, or ASIC and some other indulgent mining hardware. MIB Distributed Mobile Blockchain System gives High-Efficiency Blockchain Network on Low-Cost. Existing Cryptocurrencies have been featured socially and economically while their pointless significance utilization has been shaping into a social issue. None of the different Cryptocurrencies has passed on a reaction for the issue paying little regard to the sensible reaction that the conceivable fate of Cryptocurrency should confront. Specifically, we have passed on approaches and results to this issue nobody has attempted before through the difference in our Mobile Mining make Coin, MIB.


Khadija Akter
Crypto and ICO analyst

Thanks for Reading My Article. i m a Crypto and ICO analyst of Viral News Today Team.

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