What is MASS ?
We believe that blockchain is a technology possessing great social value. Blockchain is able to coordinate human actions through the means of a consensus mechanism, thereby performing important tasks such as maintaining a public ledger. Ultimately, blockchain will facilitate a vision of an internet of value without intermediaries. The consensus mechanism is the ultimate guarantee of the security and credibility of a blockchain. It requires that users are able to join the network and help maintain it without the need for permission, and all participants are able to get a fair share of the value created.
The MASS consensus engine aims to become the basic infrastructure to all blockchain consensus layers. Based on a Proof-of-Capacity consensus protocol, the MASS consensus engine creates a consensus layer that is permissionless, fair, energy efficiency, secure, and universal, ensuring the fundamental security of the public chain.
The MASS consensus engine is universal and is capable of providing consensus services across any number of public chains. Nodes use storage capacity to run the consensus protocol and do not require permission. The MASS consensus engine is fair and energy efficient; only a very small amount of computing resources are required, meaning everyone has the chance to participate.
MASS Net is the first public chain to make use of the MASS consensus engine. MASS is the store of value in circulation in MASS Net, and is also the value anchor for the MASS consensus engine.