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Austin, Texas, March thirteenth, 2024, Chainwire
SendingNetwork, communication infrastructure for web3, immediately introduced the launch of its testnet for bandwidth mining. This launch is ready to revolutionize the way in which we make the most of bandwidth all over the world. By the implementation of an incentive testnet, rigorous safety measures, and a transparent roadmap in the direction of token launch, SendingNetwork is devoted to constructing a strong, safe, and community-driven community.
By taking part, node suppliers can rework bandwidth right into a priceless asset that enhances the community, incomes SendingNetwork Factors within the course of. This initiative not solely promotes the environment friendly use of bandwidth but in addition lays the muse for a decentralized community designed to encourage the sharing of bandwidth, making a safer, scalable and decentralized communication infrastructure.
SendingNetwork’s strategy is distinguished by its utilization of web bandwidth, channeling this underleveraged useful resource right into a devoted decentralized layer optimized for safe and environment friendly web3 communications. To reinforce community reliability and safeguard towards threats like fabricated relay workloads, SendingNetwork is implementing state-of-the-art safety measures and increasing the decentralized community infrastructure, thereby rising the node depend to spice up relay power.
“As we unveil the testnet for bandwidth mining, we’re not simply introducing a brand new know-how; we’re reshaping the very material of digital communication. Our mission is to leverage the potential of bandwidth, reworking it right into a driving pressure for a decentralized, safe, and community-powered community,” mentioned Joeyz Yu, Co-Founder and CEO of Sending Labs.
SendingNetwork stands on a three-layer client-edge-blockchain structure. It’s a mix of blockchain tech, P2P, and end-to-end encryption. Shopper layer is a spot the place your knowledge resides securely encrypted in your system with end-to-end encryption capabilities primarily based on double ratchet algorithms. Edge nodes layer facilitate data switch with out compromising privateness. They’re the core miner of the community. Edge Node’s main sources are bandwidth and storage, serving to cache encrypted messages for offline customers and establishing high-speed communication channels with on-line customers. The Blockchain layer acts as a registrar for consumer DID data and a coordinator for Edge sources.
Present digital communication networks face problems with inefficiency and safety vulnerabilities, limiting privateness and consumer management. SendingNetwork addresses these challenges by introducing a decentralized platform that leverages P2P relay networks and varied consumer modes with blockchain know-how for safe, scalable messaging. It gives an revolutionary mining answer, rewarding contributors for sharing bandwidth primarily based on utilization, length, and demand. This strategy promotes lively engagement, ensures operational transparency and safety, and prioritizes a secure integration of applied sciences. SendingNetwork goals to set a brand new normal for web and communication companies, specializing in decentralization and empowering customers.
We invite builders, customers, and advocates of digital communication innovation to hitch our testnet, contributing to a landmark challenge that guarantees to form the way forward for how we join, talk, and collaborate on-line. For additional data on SendingNetwork and to take part within the testnet, please go to SendingNetwork’s official web site.
About Sending Community
SendingNetwork is a decentralized social community that places energy again within the fingers of its customers, redefining communication with a revolutionary 3-layer structure. With SendingNetwork, you possibly can seamlessly obtain messages throughout any messenger constructed on high of SendingNetwork, making certain your conversations keep fluid and borderless; take full management of your social property with built-in decentralized identifiers (DIDs), empowering you with full possession; talk securely with associates by end-to-end encryption, offering you with privateness that’s second to none and merge chat, funds, and buying and selling in a single unified expertise, simplifying your digital life.
Designed for permissionless, interoperable, and self-sovereign communication, SendingNetwork facilitates seamless interactions throughout wallets and functions, inviting you to safe your digital conversations like by no means earlier than.
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