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What is Xiaomi WiFi chain? What's the use of Xiaomi WiFi chain

4hw.com.cn: Xiaomi recently launched a new app, Xiaomi WiFi chain. Users can download the app to experience it. What is Xiaomi WiFi chain? What's the use of Xiaomi WiFi chain? Let's learn about it.

What is Xiaomi WiFi chain

About Xiaomi WiFi chain, the app, Xiaomi officially said that it applies blockchain technology and can 'provide users with network value'. The specific use method is very simple. Users only need to bind a WiFi. The devices connected under the WiFi will provide users with 'growth factors'. The more devices connected, the more' growth factors' they will provide.

The so-called 'growth factor' can help users get 'rice grains'. After getting' rice grains', users can exchange it for corresponding prizes. At present, the application is in the test period, and the redeemable items mainly include f code and encrypted rabbit.

How to play Xiaomi WiFi chain? Users can exchange f code after getting rice grains

In this app, the key terms are two 'growth factors' and' rice grains'. Say 'growth factor' first, as long as a device is connected to bind WiFi, it can obtain growth factor. Its main function is to calculate how many 'rice grains' can be obtained every day. The concept of' rice grains' is much easier to understand. It is a bit like virtual currency, which can be used to exchange for prizes. However, Tang mu, vice president of Xiaomi ecological chain, said on Weibo that "& lsquo; rice grains & rsquo; are not coins, but the smallest decentralized bookkeeping unit".

There are several characteristics of 'rice grains'. First, the number of rice grains produced per day is fixed; second, it will be distributed according to the proportion of' growth factors' held by users in the whole network. Take a simple example, for example, if the number of 'rice grains' produced every day is 6, my number of' growth factors' is 2, and the number of 'growth factors' in the whole net is 3, then I can get 6 * 2 / 3, that is, 4 rice grains.

Tang mu, vice president of Xiaomi ecological chain, explains WiFi chain app

Tang mu, vice president of Xiaomi ecological chain, gave some explanations on Xiaomi WiFi chain app on Weibo. He said '& lsquo; WiFi chain & rsquo; is not a blockchain, but a small application exploration based on blockchain technology', which is a long held attempt of the group. The main way to play is to save 'rice grains' to change f code.

What is Xiaomi WiFi chain? What's the use of Xiaomi WiFi chain? Xiaobian will introduce these to you. At present, the Android version of the app has been put on the shelves, and the IOS version is still under test.