⚡Recently, many people in the community are talking about #CESS ’s node mining. Today, the number of active nodes exceeded the 7139 mark, while #Filecoin during the same period fell below 2900. It’s really It makes people lament the cycle of reincarnation.

As a 19-year-old project, with 8 million raised some time ago, CESS is considered a relatively old one. It was built at the same time as #DePIN , which rolled out IPFS at that time. Now the test network has been stimulated and the currency issuance is not far away.

1/ Positioning:

CESS is an L1 public chain designed around DePIN. It was developed using the Substrate framework, so it is compatible with Ethereum, which facilitates subsequent developer incentives, and the Web3 Foundation has also provided it with three investments.

The difference in business is that CESS's direction is large-scale business, which is also the DePIN service that many traditional enterprises tend to rely on, so the team has a stable income earlier.

2/ Architecture design:

CESS splits its framework into four layers, and each corresponding service will be different. In this way, the processing efficiency will actually be faster and higher, and it will also provide more direct rewards for miners. Similar to a road, there are high-speed trains, lanes and ship channels. Miners can choose to deploy nodes on it and become corresponding maintainers. CESS provides infrastructure and distributes incentives for this.

3/ Team:

Nicholas Zaldastani, the founder of CESS, is a graduate of Harvard Business School + a member of the Forbes Council. He is also the boss of many listed companies and venture capital institutions in North America. He and the boss of WLD @worldcoin and USDC @circle belong to the Harvard elite alumni group.

Recently, the team has co-organized several events and hackathons about DePIN #AI with OKX #Solana⁩ .

4/ Recent financing:

In the recent 8 million financing, CESS has received investment support from @DWFLabs, @Web3foundation, and @Ventures_HTX. The media currently estimates the market value of CESS’s subsequent circulation to be between US$500 million and US$1 billion, but it is not ruled out that due to the recent large number of Filecoin Miners, after pouring into CESS, will support the future market value brought by CESS.

5/ How to obtain tokens in advance:

There are currently two ways to participate in the CESS mainnet and obtain the branded mainnet tokens before it is launched and issued.

As long as the hardware conditions, storage space and public IP are met, you can participate in their open consensus nodes or storage nodes. Currently, many people from Filecoin are mining storage nodes, but judging from the official weekly rewards, in fact, both The difference in rewards is not very big.

https://docs.cess.cloud/core/storage-miner/running

https://twitter.com/CESS_Storage/status/1772030633050767663

6/ Obtain rewards through computing power:

If you don’t have the hardware conditions but are ETH holders, you can consider subscribing for their cloud computing power (similar to virtual nodes), and the cloud server providers they cooperate with will assist in deployment and computing. After the mainnet is launched in the future, cloud computing power holders will receive mainnet token output rewards every day. Currently, by inviting friends to participate, you will also receive a 10% direct ETH rebate.

Entrance: https://www.cess.cloud/daocm/

7/ Summary:

Generally speaking, CESS is relatively straightforward compared to Filecoin mining. It not only provides a variety of participation methods, but also tells you that as long as you participate, you will get future mainnet coins, which is better than many public chains. Continuous PUA is much better. The project can be regarded as the first in the industry to delve deeply into DePIN. It has not yet issued coins, but at least the fundamentals are there.