[ANN][ICO][PRESALE] Nexusless CDN - Internet for the People, by the People
Nexusless is a peer-to-peer network for delivering web content (websites, streaming video, VR) that allows anyone to earn money by pledging the unused capacity of their computers and smartphones.
WHY IS IT IMPORTANT?
A content delivery network, or a CDN, is a group of servers that is geographically spread out to ensure a shorter route to each particular end user, depending on their physical location. In practice, this means that content from the origin server is first copied to several large data centers across the world (also called points of presence or PoP) and then delivered to the final consumers of content from these PoPs - without having to ask the origin server every single time an end used wants to request that data. Apart from higher loading speed, the plusses of such setup usually include load balancing as well as more resilience to traffic spikes and attacks.
The above might not sound too thrilling, before you realize that the vast majority of web content each of us views and interact with every single day comes to us through CDNs. If we compare the large online services like Google, Facebook, etc, to the heart of the Internet then content delivery networks are the extensive and robust circulatory system that delivers vital blood to the oxygen-hungry cells across the entire body.
Taking this into account, Nexusless aims to tap into the spare bandwidth, storage, and processor time of the billions of consumer devices spread throughout the modern world. Each of them is now significantly more potent than the most advanced supercomputers of the 1990s and is being actively used only a fraction of the time. So, instead of delivering web content exclusively by specialized computers from remote server farms, our vision is to serve it from nearby available laptops or smartphones at scale. In the process, internet users will be able to become service providers and get paid for making the Web more efficient and equal.
TECHNOLOGY
At the heart of the Nexusless concept is a global, distributed content-addressing filesystem based on the IPFS proposed by the Protocol Labs a cross between a peer-to-peer file tracker and a versioning system, with each piece of data having a permanent and immutable identifier derived from its unique cryptographic signature. Mutable containers allow creating updatable addresses for a seamless integration with the existing infrastructure of the Web, such as the classical Domain Name System (DNS).
To motivate the networks participants to provide the storage and networking capacity of their personal computers and mobile devices, a marketplace-type incentives layer is added to Nexusless which allows efficiently managing and rewarding the networks activity without a central intermediary. This is made possible by using a permissionless blockchain with a consensus protocol based on a novel combination of proofs of retrievability and delivery. The necessary transaction speed is ensured by a micropayment network functioning on top of the blockchain, based on the Lightning Protocol.
As a result, any individual in possession of a consumer-grade computing device (a desktop computer, a notebook, a tablet or even a smartphone) will be able to earn income on the Nexusless network by letting their device act as an edge node (point of presence) which delivers web content to web users. The global filesystem foundation helps increase validity, while physical proximity contributes to lower load and network latency (in other words, allows shorter loading times).
FUTURE POTENTIAL
Despite being a significant step from the current status quo, the Nexusless network is not only an end goal but also a potential basis for a new generation of inherently more decentralized web services such as hosting, content management, vpn, payments - while contributing to a more open and fair Internet where any individual can monetize their available computing and networking resources in various ways, in an ecosystem of flexible and robust public marketplaces.
While Nexusless edge nodes are quite symmetric in most respects in the original design, specialization and speciation can prove practical as a critical mass of participants joins the network. This potentially allows for new useful collective capabilities, resulting in additional services for the end users, such as for example:
TRANSPARENCY
The Nexusless legal entity is registered in the European Union (Riga, Latvia) and therefore complies with existing norms and regulations of the EU. We have obtained official opinions from the country's Tax Authority and Finance Markets Commission as to the legal compliance of the project. Our goal is to be fully transparent to all parties and to act with respect to the local legislation, thus also helping to improve the overall image of blockchain and token communities in the eyes of traditional power structures. Moreover, we are cooperating with the Investment and Development Agency of Latvia with respect to improving the blockchain ecosystem in the country.
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PRE-SALE DETAILS
Dates: 29 March 11 April 2018
Bonus: +30%
Contribution currency: ETH
Cap: 1,500 ETH
Tokens issued in pre-sale: 975,000 NXLS (1 ETH = 650 NXLS)
Whitelisting: yes
KYC: yes
Restrictions: US non-accredited
LINKS
Official token sale page: https://nexusless.com/tokens/
Telegram channel: https://t.me/nexusless
Telegram group: https://t.me/nexuslessgroup
Medium blog: https://medium.com/nexusless/
Github repository: https://github.com/nexusless/smart-contracts
Facebook page: https://www.facebook.com/nexusless/
Twitter feed: https://twitter.com/nexusless/