Post
Topic
Board Announcements (Altcoins)
Re: [ANN] INTENSE COIN - Blockchain backed decentralized VPN - Hybrid PoW
by
SyrioForElle
on 24/09/2017, 09:53:27 UTC
will it work , I mean we already have VPNs, we pay for it, so why we invest in this COIN? , I just want a good logical answer

The VPNs most people use are purchased through centralized VPN companies. Most people don't want their activities, information and identity known by VPN companies. After all, most people use VPNs for anonymity. ITNS will offer a solution to this, and offer VPN anonymity because the endpoint of your VPN is not some large provider forced to keep records on clients. In most cases it will be a user at their house, or someone with dedicated or VPS hosting. We cut out the middleman of requiring a VPN company and instead make the VPN a Peer-to-Peer (P2P) process. Furthermore, the P2P mechanism allows users to generate revenue (in ITNS) for allowing others to use their connection, creating a consumer-driven marketplace.

Also consider that centralized VPN providers allow companies and countries to easily perform sweeping blocks toward IPs used by the VPN company. This defeats the purpose of using a VPN since the nodes are inaccessible. With a P2P decentralized VPN network, it's impossible to categorically ban IPs as being accessed for providing VPN services. Consider this in the context of China, NK and other countries banning VPN use. The potential of a distributed, decentralized, P2P VPN system is much greater in terms of broad accessibility than single centralized providers.

It sounds great, and VPN's on the blockchain are only inevitable, I also love the fact this is A. on Cryptonight and B. PoW...That being said, allowing people to be peer-to-peer VPN's is great and all, but doesn't that pose a risk if someone else is doing malicious activities on their end through you? So you essentially get PoS/Stake by allowing others to utilize your server/wallet/peer network but that also assumes some risk doesn't it? Also, I'm not happy to see a standard "cryptonight whitepaper" on the site, this project should have a detailed whitepaper of their own.

Operating VPNs is indeed a risk, no way around that. We have plans for a whitepaper in our roadmap (October).

Dev given all the interest this project is generating, and all the ideas that people are throwing around, might I suggest you post a draft whitepaper for comment first, integrate any comments, ideas, or feedback that you agree with, and then release a final version of the whitepaper? If you want to truly make the process sophisticated when you release the final whitepaper you could also release an accompanying document summarizing the feedback you received on the draft whitepaper and why you did or didn't incorporate the suggestions.

It's an unconventional way to do things for alt coins but it has several advantages:
- You could get potentially useful feedback
- It would be a show of confidence in the community - and this is the kind of project that'll benefit from community involvement

Just a suggestion to throw out there.