Snetwork (Distributed Shared Cloud Computing Network) is an ecosystem focused on the practical applications of blockchain, dedicated to building a distributed shared computing platform based on blockchain. By connecting supply and demand, we assist node sharers in monetizing their idle computing resources, increasing utilization rates; simultaneously reducing bandwidth, storage, and online entertainment costs for enterprises, individuals, and other resource-seeking parties.

Snetwork plans to support more blockchain smart hardware products in the future, including smart routers, traffic mining boxes, smart phones, smartwatches, smart speakers, OTT boxes, and other common smart network terminals found in households, as well as products like the Player Cloud, Triangle Cloud, and Storm Control Cloud.

Currently, Snetworks first step will be to align with Traffic Mining Stone, with the total issuance of SNET being the same as that of Traffic Mining Stone at 1 billion tokens, and a 1:1 exchange rate between them, meaning one Traffic Mining Stone LLT can be exchanged for one SNET token. This has caused the price of Traffic Mining Stone to instantly rise from 0.8 yuan to 1.2 yuan. Users holding SNET can use it to exchange for various services within the Snetwork ecosystem, consuming their held SNET. This exchange is unilateral and irreversible, so it should be confirmed carefully before proceeding.

Application Scenarios

The Snetwork team will optimize the resource system, creating an intelligent scheduling system based on the CDN Plus architecture. This system can connect multiple demands, analyzing the distribution of files by region/network/quality/demand volume to perform intelligent scheduling. Based on the status of nodes, it optimally allocates tasks for different demand parties, effectively improving the sharing efficiency of node users and thus enhancing overall earnings.