DataHighway ($DHX) is an IoT parachain based on Polkadot, where users may stake, govern, mine and otherwise participate using the new DHX token and its associated Decentralized Autonomous Organization (DAO), and Inter-Chain Data Market.
- Mining
Token mining is a form of participation that adds value to the entire blockchain ecosystem. Locking DataHighway authorized IoT tokens or other value added tokens is a form of participating, and is referred to as token mining. Token miners are entitled to mining speed boosts that allow them to earn higher DHX token rewards when staking as a validator or nominator on the DataHighway. The entitlements will be initially based on pre-set criteria that will be defined in the genesis configuration at launch, but will later be determined by the DAO, such as the length of the locking period, the amount of tokens locked, the level of participation, and whether there is a promotion.
- Roaming
DataHighway's IoT parachain is to provide a decentralized LPWAN roaming hub, including decentralized DNS for LoRaWAN roaming, which allows any LoRaWAN network operator to store and retrieve roaming agreements on the DataHighway blockchain's secure distributed database, along with policies for billing, charging, dispute resolution, and adjustments, and associated logs.
LoRaWAN IoT devices that belong to a data provider and have been activated with a network operator that has established relevant roaming agreements and policies on the DataHighway may roam whilst maintaining continuity of their uplink data to the data buyers that purchased a subscription to the data from the Data Highway's Inter-Chain Data Market to power Decentralized Applications (DApps) that they may have built on different blockchains.