Incentivizing the mass compute power of IoT devices to form a means of anonymous, browser-based blockchain payments.
The uPlexa blockchain will be powered by the billions of untapped IoT devices currently in-use in our world. This is done by using our modified CryptoNight algorithm in order to provide a viable option to IoT users in order to help pay a proportion of their electricity of running said devices. uPlexa's mining audience are individuals with IoT devices, or webmasters with high-volume websites. With the uPlexa Near-Zero Congestion Model (NZCM) webmasters may incentivize their users to mine for their company(s) in order to credit their users with rewards, whilst performing off-chain transactions to lessen the network load and increase transaction capacity. Targeting individual IoT devices and webmasters will help create one of the most decentralized networks.
The uPlexa team has a strong focus on creating an innovating IoT mining experience, whilst also preventing ASIC miners from exploiting our network. However, IoT mining is not our soul purpose. uPlexa thrives to provide a form of adoption via anonymous service provider payments, and it's very own eCommerce platform targeting anonymous transactions for both store owners, and store clients.