Crust$CRU

What is this network?

Crust Network is a decentralized storage network of the Web3 ecosystem. It supports multiple storage layer protocols such as IPFS and exposes storage interfaces to the application layer. Crust's technical stack is also capable of supporting a decentralized computing layer. It is designed to build a decentralized cloud ecosystem that values data privacy and ownership.

How can I mine tokens?

CRU tokens, the native tokens of the Crust Network, are generated in two ways: one is a one-time generation when the main network starts, and the other is with the generation of blocks. The blockchain consensus in the Crust network is GPoS, which is called Guaranteed Proof of Stake. The network calculates a staking limit based on the node’s storage space. Nodes can choose to buy CRU by themselves, or they can choose to accept guarantees from other CRU holders, a role called guarantor. Therefore, as long as you hold CRU, you can join the mining network to earn income even if you don't have a mining machine or hard disk.

Any geographical restrictions?

There are no specific geographical restrictions mentioned for the Crust Network. The network is decentralized, meaning it operates globally. However, for better performance, users can choose a gateway based on geographical distance when retrieving files stored on the network.

How can I optimize my mining rewards?

Optimizing mining rewards on the Crust Network can be achieved by ensuring a stable network and having a public IP. Unstable block production may lead to punishment. Additionally, the network must be optimized and the mirror replaced if an error occurs during node installation. The network also encourages users to use idle resources to participate in mining.

How can I use the network?

You can use the Crust Network by following three simple steps to upload, store, and distribute files:

1. Add your file to the IPFS network.
2. Place the corresponding storage order on the Crust Chain.
3. After the storage order status turns to be successful, the file can then be accessed via the standard IPFS interface and gateway from anywhere.

Who governs this network?

The Crust Network is governed by its community of token holders and nodes. The network operates on a decentralized model, meaning that no single entity has control over the entire network. Decisions about the network, such as protocol upgrades or changes to the network's rules, are made collectively by the community.

Funding

The Crust Network is funded through the issuance of its native CRU tokens. These tokens are generated in two ways: a one-time generation when the main network starts, and with the generation of blocks. The initially generated tokens are 20 million. The network also introduces a series of Crust Grants to accelerate application development and network adoption.