Aegeus (AEG)

Coin Information

Name : Aegeus (AEG) | Website : https://aegeus.io

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Announcement

[IPFS] [MN] [POS] Aegeus – A new era of Data Management

Building a completely distributed and secure means of sharing and storing data using IPFS.

What is Aegeus IPFS?
The Aegeus IPFS platform makes it possible to distribute high volumes of data with great efficiency. Deduplication creates savings in storage.

Why is IPFS useful?
IPFS provides highly secured data distribution with minimal resources.
Storing sensitive compnay or personal data, allowing only the intended personnel access
Distributing data types between users, business and collaboration groups

Aegeus IPFS Use-Case
IPFS makes it possible to send and receive different types of data across a secure and distributed network of nodes.
There are no limitations with IPFS and any kind of data such as videos, text, images and all kinds of files can be sent as many times as a user wishes.
IPFS is highly secure, always running, provides data ownership and full user control.

Aegeus Features
PoS 3.0

Aegeus is one of the first proof of stake cryptocurrencies to be based on the *0.10 version 0.10 or higher Bitcoin codebase. This PoS structure does away with coin age. To enable you to make the most of your staking, you must keep your Aegeus wallet open at all times. Having your wallet online at all times will result in more available nodes, thus strengthening the network. With a stronger network, rewards will be distributed fairly across the network and will be removed for inconsistent network users.

SWIFT TX
Aegeus offers SwiftX transactions that are confirmed and spendable within seconds, guaranteed by the network of masternodes. There is no need to wait for multiple confirmations in order to be confident in the validity of the transaction. SwiftX not only delivers lightning transactions but also peace of mind to both sender and recipient. SwiftX is highly sought after in established currencies due to their close backing with the masternode network which makes it more stable and consistent for network users.

Masternodes
Aegeus Masternodes are incentivized nodes that receive rewards based on their availability and their ability to offer network services in a decentralized and trust-less manner. 50,000 collateral is required in setting up an Aegeus masternode. Masternode owners are also afforded the ability to vote on budget and developmental proposals. Masternode owners make up the backbone of the Aegeus network. Aegeus offer a 10/10 masternode/staking block reward.

Data Storage
Aegeus is creating a private storage network using a custom fork of IPFS. This will enable data availability while at the same time reward those who are running storage nodes considerably for their reliability. Aegeus will take user-provided data, encrypt it with the intended party’s key and securely push it onto the storage network using reference locations. Data can be text, image or video based. Sending and storing data this way becomes cheaper, more efficient and highly secure.

Data Distribution
Distributing highly sensitive data through centralised means can be very risky. Harnessing the power of P2P, and highly secure Aegeus custom algorithms alleviates this concern. If you or a company wishes to send large amounts of sensitive data to users, not only will you save on costs but you’ll also ensure peace of mind via secure delivery and efficiency. User control is of vital importance in today’s data world. Aegeus gives data control and ownership back to the user.

IPFS
Aegeus will utilize IPFS to securely share data with access only granted to the intended party. IPFS or Interplanetary File System, is a distributed file system that seeks to connect all computing devices with the same system of files. Rather than referring to pictures, articles and video objects via their server location, IPFS refers to everything using the hash on the file. So if you want something, IPFS will ask the entire network for a particular file relating to a specific hash.

Whitepaper
English Version

Exchanges
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Aegeus MN Setup Guide
MNGuide.online

 

author
MNGuide