Moonchain LPWAN Protocol
Moonchain implements its own Low Power Wide Area Network (LPWAN) Protocol, providing businesses with a decentralized solution for managing IoT devices and Data. Here's how it works:
Overview
Businesses can establish and operate their own LPWAN server on Moonchain without the need for a central administrator. This self-operated system ensures greater control and security over IoT data management processes.
Key Features
- Decentralized Operation:
- Businesses manage their own LPWAN server independently, eliminating the need for a central administrator.
- Token Locking Requirement:
- To participate in the LPWAN Protocol, entities must lock six million $MXC tokens. This locking mechanism is akin to staking in popular blockchain marketplaces like OpenSea, ensuring commitment and trust within the network.
- Customizable Miner Participation:
- Any brand of miner wishing to participate must run a customized version of the LPWAN Protocol. This promotes network diversity and enhances operational flexibility.
- Service Fees:
- Sensors or IoT devices utilizing the LPWAN Protocol are required to pay service fees to miners for data transmissions and validations services.
- Security and Control:
- By adopting this decentralized architecture, businesses retain control over their IoT data while adhering to high security and operational standards.
- Cost-Effective Solution:
- The LPWAN Protocol on Moonchain offers a cost-effective alternative for businesses looking to streamline IoT data management, reducing reliance on traditional centralized solutions.
Below is a illustrated overview of how the LPWAN infrastructure on Moonchain looks like.
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This decentralized approach to LPWAN infrastructure empowers businesses with enhanced control, security, and efficiency in managing their IoT ecosystems on Moonchain.