Crankk is a groundbreaking network powered by Kadena’s Proof of Work technology, designed to make IoT applications more accessible and efficient than ever before. Imagine a world where real-world events seamlessly integrate with smart contracts and blockchain technology – that’s the vision behind Crankk.
At its core, Crankk is a network of LoRa gateway nodes, each one regulated by Kadena’s Layer 1 Pact Smart Contracts. These smart contracts ensure transparency, security, and reliability, paving the way for a new era of IoT innovation.
But what does this mean for you? Whether you’re tracking smart meters or managing GPS devices, Crankk provides the infrastructure you need to connect and communicate with ease.
Crankk explained simply:
Anyone who has a helium hotspot such as a Bobcat 300, Controllino, Heltec, Linxdot, Nebra, Panther, Sensecap etc. can easily join Crankk and use the existing helium miner. All you have to do is install a new update on the hotspot and you can use Helium and Crankk at the same time.
What can i earn with Crankk?
Joining the Crankk network and earning tokens is simple – all you need is to participate. Crankk, operating on a Helium Hotspot, seamlessly connects with the LoRaWAN network and the Kadena blockchain. This innovative setup allows for efficient communication and verification processes.
At the heart of Crankk lies the Kadena blockchain, governed by Pact Smart Contracts. These contracts oversee Proof of Coverage checks, ensuring the network’s integrity and reliability. Regular checks are conducted, and when needed, the radio module sends out pings. The blockchain then records and validates these pings, maintaining a transparent and secure ecosystem.
Ready to dive in? To start mining Crankk tokens, you’ll need to purchase a license and stake some tokens. The license, priced at $150 worth of Kadena (KDA) tokens, grants you access to the network. Once you acquire the license, you can convert your device and stake to kickstart your mining journey.
Don’t miss out on this opportunity to be part of the Crankk community.
