DECENTRALIZED APPLICATION PLATFORM
THE FUTURE OF THE INTERNET:
A BLOCKCHAIN-AGNOSTIC DECENTRALIZED PLATFORM-AS-A-SERVICE
The Internet Of Blockchains
No single blockchain could carry the load of storing and serving humanity’s data. There is already a vast array of technologies upon discrete, isolated blockchains. Together they are capable of realising the vastly disruptive power of a decentralised internet – if they could be made to work together.
INTRODUCING THE BLOCKNET:
THE INTERNET OF BLOCKCHAINS
Revolutionary technology
The Blocknet is a revolutionary advancement in cryptographic technology: a true peer-to-peer protocol between nodes on different blockchains. This is the foundation of a technology stack incorporating an API and an application platform, which enables open-ended application possibilities and vastly reduces development time.
A future for blockchain-based projects
Cryptocurrency projects stand to gain a vast increase in user base and profit potential when they join the Blocknet, as their technologies can function as services on any other blockchain or traditional network. The Blocknet has no central or core currency and is thus a truly open inter-blockchain framework that can be extended as widely as the internet was.
OSX INTERIM WALLET
WINDOWS INTERIM WALLET
BLOCKNET DX RELEASES
Download Releases
SOURCE CODE
Visit Github
The challenge
Blockchains have revolutionary potential, but if this potential is to be realized, Blockchains need three core features: interoperability, mobility, and modularity.
1. Interoperable
There will never be only one blockchain. But without interoperability between blockchains, they’ll remain in a state similar to that of a LAN disconnected from the internet. They need to exist in a shared space. The Blocknet is that space.
2. Mobile
Blockchains increase in size indefinitely, which gives popular chains a limited life cycle for mainstream mobile usage. Inevitably, their storage requirements will become too demanding even for premium mobile devices. The clear solution: large blockchains deliver their services to mobile apps which use small blockchains.
3. Modular
The data on blockchains is permanent, but most of it ceases to be relevant or useful fairly quickly. So to avoid becoming tied to terabytes of obsolete data, why not store different types of data on different blockchains, which can then be archived, discarded, or replaced without affecting the rest of the data? The Blocknet takes a microservices approach to blockchain design.
The Solution
The Blocknet enables multi-blockchain services to be delivered to devices that only contain a single blockchain.
Thus, device and network resources are conserved, and a flexible, mobile, indefinitely extensible future is enabled.
How it works
Imagine you have an app on your phone. It is Blocknet-enabled. It can be either a general-purpose app, like a browser, or a single-purpose app, like one for NFC payments.
Your app connects directly to other apps on phones and other computers, which have the capacity to deliver various services, depending on which blockchain they are on.
Your app is also on some blockchain, automatically rendering a given microservice to apps on any other blockchain.
You use the app as you would use a traditional app, except that no central entity owns your data, there are no servers to hack, the network infrastructure is crowdsourced, and the cryptography is very, very strong. It’s the internet as we always wanted it.
Microservices – now peer-to-peer
The Blocknet makes possible what no other PaaS can: microservices delivered over a blockchain-based P2P network architecture. The result is as progressive as you might expect:
- Abstraction of functions into separate services keeps them fast and modular.
- Simpler apps make for ease of development and faster deployment of updates.
- Globally distributed nodes provide a network with unmatched robustness, having no single point of failure.
- A given blockchain can be archived, upgraded, or replaced without affecting any other functions.
- Services are delivered over a network designed for security from the get-go.
- Fault isolation is easier.
- No need for users to download a large multipurpose blockchain in order to access a single service.
- Unmatched scalability, without the increased memory requirements and the need for multiple VMs of server-based architectures. In fact, blockchain-based networks can crowdsource their own infrastructure.
- Removes the complexity of deployment upon a blockchain-based P2P network, instead simply exposing an API and application platform so you can get to work on higher layers.
Revenue
The beauty of blockchain-based tech is that it has an intrinsic token of value. Never before has monetization been so fundamental to the delivery mechanism of a service.
Microservices can be made to require a microfee, paid in truly peer-to-peer fashion from app to app.
Your app would be paid to deliver a service, and/or automatically pay the other nodes to deliver the services it needs in order to function.
Funds to pay for services can be earned through screening adverts, or earned when the app renders services to other nodes, or automatically distributed to apps through proof-of-stake.
It pays using the digital token (“coin”) native to its blockchain; this is automatically exchanged for coins native to the nodes delivering the service, which are then paid in direct peer-to-peer fashion.
Finally, when apps render a service, they also pay a microfee to the Blocknet for providing the infrastructure that makes cross-chain services possible. This fee is then distributed to holders of Blocknet tokens.
A BLOCKCHAIN-AGNOSTIC DECENTRALIZED PLATFORM-AS-A-SERVICE
THE FOUNDATION OF THE BLOCKNET
The Blocknet is founded on the XBridge, the first peer-to-peer protocol enabling communication between nodes on different blockchains. It is open source and is implemented in every Blocknet-enabled app. It is what connects an open-ended array of services – either decentralized or centralized – to one another.
The XBridge’s development is underway: inter-node communication has been successfully established, and the decentralized exchange of digital tokens is currently under testing. Once it is completed, it will become a key part of the Blocknet’s application platform, enabling the rapid and vastly simplified development of decentralized apps.
Decentralized apps:
ready for the real world
The XBridge is what makes it possible for blockchains to become interoperable, mobile, and modular, and in so doing unleashes the potential of the most disruptive technology since the internet. Decentralized apps become lean, scalable, more easily upgradeable, and acquire open-ended utility. In short, the XBridge means that decentralized apps are ready for the real world.
Features
BLOCKNET
Application platform
Dev incubator
XBridge enabled altcoins
- Cloud storage
- Instant transactions
- Private chat
- Distributed VPN service
- Distributed web content
Rep system
Decentralised exchange
- Fiat currency gateways
- Crypto-currencies
- Assets
- ATMs
