What is FORCE (FOR) Crypto Beginner’s Guide
FORCE is a decentralized network. Its main advantage is privacy. The user and host’s IP/metadata are censored from each other. The incentives on the network are FORCE (FOR) tokens. Users are awarded FOR tokens if they share network resources. FOR tokens are also essential for transferring encryption keys between nodes. Some of the protocols that are supported include:
InterPlanetary File System, Decentralized Virtual Private Networks, LAN gaming, e-mail, media streaming, content delivery network, and Internet of Things.
Full network privacy and data encryption ensures the following:
- The client’s IP is never revealed
- Content providers IP is never revealed
- Data can’t be traced back to client or host
- Data can’t be deciphered by an intermediary
Force (FOR) Network Layers
The Force network uses Plug-and-Play service model. It also uses a three-layer network model. Layer 1 contains a proof-of-stake mechanism and private blockchain. Transactions will take place on this layer and require proof-of-stake validation. Encryption keys and entry point IPs will be transferred on this layer.
The second layer is designed for masternodes. The masternodes are the first line of contact for the network. Several types of content are hosted by the masternodes including the network service index page, node status page, and encrypted hop node routes listings.
The index page contains network service descriptions, pricing, and payment node wallet addresses. These pages are updated with a private key. It is generated by the payment node when the service is created.
The third layer is the service hosting and delivery layer. Each node in this layer can enter or exit a Distributed Service Hive (DSH). This is a collection of netnodes that form a distributed network for hosting and delivering a service.
Service Escrow Oracles
A node can operate as a payment node, which is also called a Service Escrow Oracle (SEO). SEOs have several functions including:
- Acting as intermediaries between service providers and consumers
- Confirming delivery and payment for service
- Contracting nodes
- Generating hop node chains
- Encrypting hop chain IPs
- Transferring encryption keys to the client
FOR Token Trading Information
FOR tokens are traded on a few cryptocurrency exchanges including CryptoBridge and Stocks Exchange. FOR is paired with BTC tokens. FOR has a market capitalization of $1.7 million. Daily trading volume exceeds $180. The circulating supply is 123,192,742 FOR. The total supply is 126,794,083 FOR. The maximum supply is 200 million FOR.
Force (FOR) Tokens and Nodes
FOR tokens are used to pay for services. Consumers make remittance to escrow payment nodes. These nodes send it to service providing nodes. A fee is charged for the transaction. Clients pay the wallet address (listed in the masternode database along with service provider). A payment node monitors the wallet and sends authentication keys to the client. Tokens are also used to create nodes through staking. Tokens are also given as rewards to masternodes and coin stakers.
Users can create a node and contribute resources to the network. There are requirements for each type of node. This includes hardware requirements and token collateral. The requirements are linked to network security. The Force Network employs proof-of-stake consensus. Hop nodes can report poorly acting payment nodes to the masternode network. These nodes will be fined.