I think this is the very few coins/projects that could work out, and based on what I see here and W3C and hear from the devs I think it will work out. I am HODLING, not selling shares at this stage.
@mtomcdev
I know you are busy with releasing the new software and updating the white paper, but it would be great to get an update about the progress
UpdateThe main focus has been on redesigning and optimizing the P2P modules and ensuring the security and privacy requirements are addressed. The base modules have been completed and now we are testing the application. First we needed to convert everything to Nodejs so the changes can be committed to the W3C code base at the web-of-things-framework. Among many others, the Kademlia, ECDSA and ECDH modules were completely rewritten. We will be releasing
a) Stand alone application in which humans and machines operate in a true decentralized P2P manner
b) Chrome application which is still true P2P but allows simplified deployment via the Chrome app environment, so users don't need to download the bulky stand alone client and the client installation is simplified
c) Light clients that connects to the GadgetNet network via a server back in using web-sockets for users who require even more simplified deployment
These three architectures use the very same code base.
One of the challenges was to satisfy the privacy requirement. We have included a feature that allows to run the application as a private network. This way for example a home automation system or an IoT installation of a business can be isolated from the public P2P network - still using the very same client that connects to both the public and private IoT network. For instance, there could be scenarios that the client use the software to buy a drink from an IoT vending machine that is on the public network and the very same client software manages the private network that controls the IoT door device of a residential home. In order to achieve this we have integrated an authentication mechanism into the Kademlia DHT layer. This also helps in mitigating the risk of Sybil attack as well as DDoS attack to a certain extent. This will be detailed in the updated white paper.
The P2P video and audio streaming will be included as well. One of the challenges with regards to that is to move away from the proprietary RTMP protocol and we have the first working prototype to manage this using open standards.
We apologise for this very slow progress, but to bring the P2P decentralized idea in line with Internet of Things and in the meantime satisfy security and privacy requirements and deliver the P2P video streaming is lot more work than we anticipated. Having said that, we are getting there.
Thank you all for your support!