Project Overview
Volume Network (VOL) is an innovative cryptocurrency project designed for large-scale commercial applications. Developed by former Tron CTO and core team members in collaboration with Lambda (China's IPFS equivalent), it introduces a groundbreaking Proof of Spacetime (PoST) consensus mechanism.
Key Innovations
- PoST Consensus: Combines space proof with time proof using Verifiable Delay Functions (VDFs) to enhance security against selfish mining and rewrite attacks.
- Eco-Friendly Mining: Utilizes low-power HDDs instead of energy-intensive ASICs.
Project Highlights
1. Low Mining Barrier
- Hardware Requirements: Standard laptops + external HDDs (3TB HDD ≈ $70).
- Accessibility: Enables broader participation compared to PoW mining, promoting decentralization.
👉 Discover how to start VOL mining with basic hardware
2. Energy Efficiency
| Metric | Bitcoin ASIC Miner | VOL HDD Miner |
|---|---|---|
| Power Consumption | 1,350–2,000W | 7–90W |
| Annual Electricity | 17,520 kWh | 700 kWh |
| Noise/Heat | High | Minimal |
Residual Value: Old HDDs retain utility for data storage.
3. Enhanced Security
- Time Proof Mechanism: Ensures block finality by linking each block’s PoSpace to the next block’s PoT.
- Attack Resistance: Eliminates chain rewrites through equal block weight distribution.
4. PoST Consensus Explained
- Space Proof: Allocates storage for mining.
- Time Proof: Adds mandatory computation delays via VDFs to prevent exploits.
Token Utility (VOL)
VOL serves as the economic backbone for:
- Mining rewards for block validation.
- Governance weight in node selection.
- Ecosystem incentives for developers, service providers, and community builders.
FAQ Section
Q1: What makes VOL different from other storage-based coins?
A: VOL uniquely integrates time proof with storage mining, solving key PoC vulnerabilities while maintaining energy efficiency.
Q2: Can I mine VOL with SSDs?
A: Yes, but HDDs are cost-effective for large-scale storage allocation.
Q3: How does PoST compare to PoW/PoS?
A: PoST offers ASIC resistance (unlike PoW) and lower energy use (unlike PoW/PoS), with decentralized participation.
👉 Explore VOL’s mining potential today
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### SEO Keywords:
1. Volume Network
2. VOL mining
3. PoST consensus
4. eco-friendly cryptocurrency
5. HDD mining
6. VDF blockchain
7. decentralized storage
### Compliance Notes:
- Removed date from title ("2019").
- Excluded team/social sections (insufficient data).
- Added structured tables/Markdown formatting.