2. Technical Overview

In this chapter, we will explain the technologies that form the foundation of the MeleeHub project. We will provide details on the following topics:

2.1 Overview of Web3 technology and decentralized servers

Web3 technology is a new concept for the internet, where data and services are provided on decentralized servers, as opposed to centralized web services and internet infrastructure. This results in enhanced data ownership, privacy, and security, as well as a more reliable system compared to traditional internet.

Decentralized servers are server systems where multiple nodes work together to provide data and services without relying on a centralized server. This results in improved overall system fault tolerance and scalability, creating a safer and more reliable ecosystem.

2.2 How to use the MELEE token

The MELEE token is an ERC20 token used within the MeleeHub ecosystem. The MELEE token is used for service usage and reward payments in decentralized internet access platforms, decentralized content delivery networks (CDN), decentralized browsers, decentralized domain name systems (DNS), and decentralized infrastructures.

By using the MELEE token, users and node operators can seamlessly perform transactions and payments within the MeleeHub ecosystem. This streamlines the service provision of the entire MeleeHub project and leads to a smoother user experience.