DeNet PROJECT- THE DECENTRALIZED PLATFORM FOR DATA STORAGE

INTRODUCTION

The cloud storage market is growing rapidly like a rolling snowball. Experts have proposed that the total global public cloud market is estimated to be $178 billion in 2018 relative to the year 2017 which was about $148 billion, and will continue to grow at a 22% compounded annual growth rate (CAGR). Nevertheless, cloud services have their own setbacks. The worst of cloud services is that cloud storage has some very serious security issues. Data from the servers could be provided to government agencies , and sometimes to other private companies as well to the benefit of some great companies out there such as Amazon, Google, and the likes, without the consent of the data owners. This results in censorship, closing unfavorable websites and to corporate and other economic espionage.

According to experts from DeNet Company, almost 70% of enterprises around the world use cloud storages and this trend is increasing rapidly. But DeNet team is confident that the future of cloud storages will lead to the complete decentralization of services and presents their first version of an anonymous, secure and private cloud service.

WHAT IS DeNet

Although Amazon Web Services, Google, and Microsoft will capture 76% of all cloud platform revenue in 2018, there are new approaches, which could prove a compelling alternative that could save your data. One of them, DeNet, which is working on a completely decentralized network, proposes its turn-key solution.

The main concept is to create a decentralized storage where you can store your data anonymously and no one is able to access to your files as they are encrypted and distributed over thousands of independent network nodes. DeNet network is built within the framework of a sharing economy concept, which finds a wide response in the community.

DeNet is targeting at building a new decentralized network of IT capacity providers that are to be used to carry out a number of tasks, such as data storage, websites and apps hosting and other. The major focus would be on decentralization of facilities for hosting active tasks that require a constant load — websites, internet–services, apps, etc

THE GREAT PLAN TO SUCCESS

DeNet plans on achieving its goals through its main core values. Firstly, the DeNet network is protected against hacker attacks and the malicious performance of capacity providers. No one is able to access user’s files as they are encrypted and distributed over thousands of independent network nodes.

Secondly, DeNet is popularizing a careful attitude to the resources of the planet by using energy-saving technologies. There is no need for centralized data-centers in the DeNet network, as users themselves can be “network nodes”. This will help to reduce the enormous energy consumption of traditional data-centers.

The next important thing is that DeNet network has developed at the maximum a connection mode through VPN and sub–VPN servers, because high ping and other delays due to poor connections are unacceptable in the web hosting industry.

Finally, DeNet brings an opportunity to receive a passive income by renting computer capacities. Users can provide free capacities of their computing power & bandwidth to host sites on the DeNet network. Thus, corporate and private clients have the opportunity to monetize their unused equipment.

IS THERE A NEED TO CHOOSE DeNet?

Yes, there is a great deal of benefits with DeNet network and ecosystem. A lot of benefit will surface but a few of them have been listed in this blog

Ease and convenient to use platform . Users can rent hosting within just a few minutes starting from one–hour use time.
Cost effective and affordable decentralized platform. DeNet proposes payment only for used facilities, which means that client will never overpay for idle capacities as it is done in traditional cloud services.
Reduced energy consumption
Security and privacy fully assured on DeNet platform.
Minimum trust to the server. In DeNet, the user needs to trust only the operation of the network protocol, published as open source code on Github that anyone can examine and verify.

HOW TO FUND THE PROJECT

DeNet platform Will have a digital currency — a DNET token. Token DNET is mainly developed on the standard ERC-20 on the Ethereum blockchain. A fixed percentage of these tokens will be sold to the general public to generate the required amount of funds. All investors are cordially invited to participate in the ICO of DeNet token sales.

All unsold DNET tokens will be burned. There would be no emission after Token Sale.