Built on a unique blend of blockchain technologies, PrivateNess Network's NESS COIN HOURS (NCH) is designed to provide a secure and decentralized solution for network obfuscation and data security services. Operating as a globally positioned community project with a decentralized, virtual governance concept, PrivateNess Network has created a zero-emission, circular economy around its tokens, including NESS and NCH.
The strength of any encryption depends on the source of randomness with which the seed keys have been created. To address this, PrivateNess Network's Ultra-High Entropy Pseudo Random Number Generator (UHE-PRNG) operates at 1536 bits of internal state entropy, exceeding current Random Number Generators by magnitudes. This innovative technology is accessible through the launch of their mainnet and will be a key feature in future use cases, such as open metaverses and the DeFi sector.
NESS COIN HOURS (NCH) serves as a fuel token for PrivateNess Network's services, which include decentralized network protocols like DNS, SSL, and IPFS storage. To access these services, users need to hold NESS in its native wallet, with their holdings minting NCH at a 1:1 ratio every hour. This unique mechanism provides a fair economy, with no lock-up period for the NESS held, allowing users to move it at any time.
The PrivateNess Network team consists of experienced professionals, including Aleksej Sokolov as CEO and Main Developer, Jeff Bouchard as Co-Founder/CTO, Stone as CFO, and Frahane as CXOM. With a strong background in blockchain development and a focus on innovation, the team has made significant progress in developing the PrivateNess Network ecosystem.
PrivateNess Network's roadmap includes continued development of its services and infrastructure, with a focus on expanding its user base and adoption metrics. The project's traction is evident through its featured partnerships and collaborations, such as with Skycoin, which has contributed to the development of the network's core technology. With a strong community and governance model in place, PrivateNess Network is well-positioned for future growth and success.
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