SONM is a decentralized worldwide fog supercomputer for general purpose computing from site hosting to scientific
calculations. SONM company is an effective way to solve a worldwide problem - creating a multi-purpose
decentralized computational power market.
Unlike widespread centralized cloud services, SONM project implements a fog computing[1] structure – a decentralized
pool of devices, all of which are connected to the internet (IoT / Internet of Everything).
IoT/IoE, as an important part of the available computational power in the world, is one of the key directions of
work for the SONM project.
We use cost-efficient fog computing instead of a costly cloud structure, so there is no more need to pay in advance
for private and monopolized cloud computing such as with Amazon, Microsoft, Google Cloud, etc. Moreover,
since SONM is fully decentralized, there is no single authority that regulates computing resource distribution.
SONM has a hybrid architecture, and therefore supports any kind of computational task without facing Ethereum’s
“out of gas” problem.
From a technical point of view, SONM is a top layer of underlying P2P technologies – BTSync for data transfer,
Cocaine open source PaaS technology as a decentralized computing platform, and Ethereum Smart Contracts as
a consensus system.
There is no central control behind the system and no backdoors or escape hatches. Several existing technologies
were combined and modified by our developers to make new SOSNA technology.
Almost every online service needs computational power for their product, including websites, online shops,
MMORPGs, companies using large databases, and apps. Everyone in the world using the internet for business will
have an option to use SONM’s tokens in order to solve their computing power issues. Moreover, all internet users
will be able to use SONM to receive passive income by providing their computational resources for rent.
This disruptive migration from centralized cloud computing to decentralized fog computing will not happen quickly:
it will be a long transition, but the results will be positive. SONM token price calculations show decent ROI for
the project’s early adopters.
SONM token price is supported by stable market demand for computing power and ability to provide more competitive
prices than traditional cloud computing services. SONM token holders earn a percentage from transactions
and operations fees (buy-sell-develop). It is a direct analogue of holding shares and receiving dividends from
operational profit.
If you are a miner or computational power owner, SONM is a great resource of using your equipment for calculations
and processing real tasks.
SONM fog computing platform is a fresh start for solo mining. There are lots of miners with GPU mining farms
that have become useless due to the increased Proof-of-work mining difficulty (even for altcoins). In recent years,
being a part of a mining pool has been the only way to guarantee profit from mining. But even in the process, this
profit is so small that it often does not cover the cost of electricity spent for PoW mining.
With SONM you will stop burning your kilowatts for PoW mining and start serving calculations for everyone
in the network. For those who are confused by the difficulty bomb or Ethereum (and many others) PoS-migration
SONM computing power exchange is the free market, so malicious hubs and users will shortly be ignored
by buyers and miners due to their bad reputation.
We expect SONM to be the smartest, cheapest and largest decentralized computing system with strong
rules regarding morality and loyalty. This is largely due to SONM’s reputation system and self-learning
intelligent agents.
More detail : https://sonm.io