Post
Topic
Board Announcements (Altcoins)
Re: [ANN] DEEPER NETWORK | Bandwidth Sharing = Mining | $600K on Indiegogo
by
DeeperNetwork
on 19/11/2020, 00:37:01 UTC
Yo, its an interesting project.
You mean that I can be a couch potato,
sharing my bandwidth and making money at the same time?

Anyway, it is a mining posture I love~  Good luck

Hey,  thanks for reaching out. Yes, it is simple like what you have seen. You may enjoy the movie and mining at the same time.

When you are using deeper device(Deeper Connect), you are already protected by the 7 layer firewall. It keeps you away from the online threat.
At the same time, you may earn token rewards by sharing bandwidth with each other(other users with deeper connect).
This will incentivize more people to share their bandwidth.

This is how it works Cool

Yo, I have read more stuff about your project.
Since the user is not only sharing the bandwidth but also their IP, how can you ensure security during network sharing?
How can they prevent other parties from using their network or IP to do some illegal things?

Deeper Connect Mini itself is an layer 7 firewall that can block illegal applications.
With the filtering function of AtomOS, the device can recognize most internet protocols, and users can choose to reject dangerous connections.
Deeper Connect Mini can also distinguish the user's own connections and sharing connections.
If a particular user is using his/her device for nefarious purposes, the network will discover and banish the node. Finally, if users are overly concerned about sharing their network, they have the option to turn off bandwidth sharing.



seems your platform is pretty promising however the usual prob of a project is how to get users on board. thats one of the initial challenges. and without users, practically the platform will not survive.
so how are you going to get those users utilise your network? will the income from sharing your bandwidth be attractive to users? do you have approx calculation of potential earnings like in a day with specific bandwidth that a user can share?
 just rough estimate would do. as i understand, your team might have been doing some analysis and calculations already so users have idea what they are looking into. though you can set for a target price of your coin for the moment, just to see how you calculate things here.

Thank you for the insightful questions. Allow me to address each point one by one:

1) How are you going to get those users utilise your network?

Deeper Network has a few thousand nodes around the world at the time of this writing.

The beauty of the project is that it is not trying hard sell crypto. The on-ramp process happens organically through solving users' real pain points, namely the need for:

• A better VPN that is truly private and truly censorship resistant

• An easy to use solution that can protect ALL internet-connected devices on the home network

The product abstracts away all the technical barriers so it is approachable for the general population. The end user does not even need to be aware of blockchain’s existence to fully utilize and benefit from the features. I think this is the right way of bringing blockchain to the mainstream, through a layer of abstraction.

If everyone had to know about combustion cycles, and valve timings in order to drive then the majority of the population would still be riding a horse.


2) Will the income from sharing your bandwidth be attractive to users?

You can think of it as a P2P bandwidth marketplace powered by a decentralized sharing economy. Unlike the traditional sharing economy, an intermediary e.g. UBER does not get to set the price. Buyers and sellers, in aggregate, get to determine the most efficient market price. We don’t determine what the price will be or what is attractive per say. That is up to the free market to decide.


3) Do you have approx calculation of potential earnings like in a day with specific bandwidth that a user can share?

If this is a feature that a lot of users would like to see, then the dev team will consider implementing it into the user interface as a real time forecast of potential earnings at different amounts of bandwidth shared.