update all blog 2022
This commit is contained in:
134
content/blog/2022/03/post-2/index.md
Normal file
134
content/blog/2022/03/post-2/index.md
Normal file
@@ -0,0 +1,134 @@
|
||||
---
|
||||
title: What is ThreeFold Farming?
|
||||
description: A decentralized and energy-efficient way for people to expand a new Internet infrastructure.
|
||||
date: 2022-03-01
|
||||
updated: 2022-03-01
|
||||
draft: false
|
||||
taxonomies:
|
||||
categories: [foundation]
|
||||
tags: [peer_to_peer,why,farming,threefold_grid]
|
||||
|
||||
extra:
|
||||
subtitle: ""
|
||||
author: Sacha Obeegadoo
|
||||
authorImg: /images/people/sacha_obeegadoo.jpg
|
||||
imgPath: images/blog/what_is_farming.png
|
||||
date: 2022-03-01
|
||||
---
|
||||
|
||||
ThreeFold farming refers to the act of connecting a 3Node to the ThreeFold Grid – providing Internet capacity to a globally distributed peer-to-peer Internet infrastructure. Farming is a decentralized and energy-efficient way for people to expand a new Internet infrastructure instead of corporations building hyper-scale data centers. It’s also a way to extend the Internet to underserved regions of our planet, which cannot afford data centers. Every ThreeFold Farmer around the world contributes to the growth of the foundation for a self-sovereign, private and secure digital world.
|
||||
|
||||
<br/>
|
||||
|
||||

|
||||
|
||||
<br/>
|
||||
|
||||
Anyone can start farming by hosting a computer at their home or office and taking part in the decentralization of our global Internet and Cloud economy.
|
||||
|
||||
## Why become a ThreeFold Farmer?
|
||||
|
||||
Today’s Internet model is highly centralized, owned and operated by the few. It has turned people into products, is too harmful for our planet, cannot scale to meet emerging demands and connect the billions who are being left behind. These alone are powerful reasons to participate in ThreeFold farming and participate in the growth of a new peer-to-peer Internet economy.
|
||||
|
||||
<br/>
|
||||
|
||||
Further, the Internet is the second largest and fastest growing industry in the world after the financial markets. With the Internet expected to triple in size by 2025 to meet the data requirements of emerging technologies such as blockchain, Web3 and IoT, we need more capacity and especially in underserved regions of the world.
|
||||
|
||||
## Basics of ThreeFold Farming
|
||||
|
||||
ThreeFold is a peer-to-peer network of computers (known as “3Nodes”), including servers, desktops and laptops, that creates an open-source, decentralized Internet. People who connect computers to the ThreeFold Grid (known as “farmers”) are rewarded with ThreeFold Tokens (TFT) on a monthly basis for meeting the required uptime necessary for users to access their workloads.
|
||||
|
||||
<br/>
|
||||
|
||||
The process of connecting decentralized Internet capacity and thereby creating new ThreeFold Tokens is described as farming because it resembles the process of farming in agriculture. With agricultural farming, farmers cultivate the land and earn revenue from their harvests. With ThreeFold, farmers connect decentralized Internet capacity and earn ThreeFold Tokens every month for achieving a certain uptime.
|
||||
|
||||
<br/>
|
||||
|
||||
The above model represents the building block for a distributed, edge infrastructure that can scale to anywhere electricity and network exists, to meet emerging data demands while also providing the self-sovereignty, privacy and security features to achieve true net-neutrality.
|
||||
|
||||
## A Fair Economic Model
|
||||
|
||||
ThreeFold was created to realize the promise of an open-source, peer-to-peer Internet. As such, ThreeFold farming rewards all farmers equally according to the amount of Internet capacity they provide to the network.
|
||||
|
||||
<br/>
|
||||
|
||||
ThreeFold Tokens are rewarded for the amount of Internet capacity added and kept connected to the network. [Farming rewards](https://library.threefold.me/info/threefold#/tfgrid/farming/threefold__farming_reward) are calculated according to the compute, storage and network capacity made available by the computers:
|
||||
|
||||
<br/>
|
||||
|
||||
- 30 TFT per Compute Unit (2 vCPU and 4 GB memory) per month
|
||||
- 12.5 TFT per Storage Unit (1 TB of SSD and HDD) per month
|
||||
- 0.38 TFT per Network Unit (1 GB of data transfer)
|
||||
- 0.06 TFT per public IP address per hour
|
||||
|
||||
<br/>
|
||||
|
||||
The above prices are based on the price of 1 TFT equalling $0.08. The farming rewards are pegged to the U.S Dollar and the price is locked from the time a farmer gets started to incentivize early contributors to the network. When the price of TFT rises, the farming rewards will decrease.
|
||||
|
||||
<br/>
|
||||
|
||||
Farming rewards are designed to be “reviewed” by [the ThreeFold DAO](https://library.threefold.me/info/threefold#/decentralization/dao/threefold__tfdao) (a decentralized autonomous organization owned by the ThreeFold community) according to the growth of the ThreeFold Grid and the utilization of its decentralized cloud to ensure a fair distribution of the token economy while also ensuring that farmers will always be justly rewarded for their contribution.
|
||||
|
||||
## An innovative and sustainable solution
|
||||
|
||||
Bitcoin mining and other blockchains became famous for requiring enormous amounts of computers and power to solve complex mathematical equations to win the chance of earning the famous cryptocurrency. Since then, many other projects have been born and carried on the mining concept.
|
||||
|
||||
<br/>
|
||||
|
||||
ThreeFold’s model is inclusive and planet-friendly. The decentralized operating system built and used by ThreeFold is extremely lightweight, allowing the peer-to-peer Internet infrastructure to be up-to 10x more energy efficient than the data center model and up-to 100x more energy efficient than Bitcoin mining.
|
||||
|
||||
<br/>
|
||||
|
||||
The infrastructure was built in such a way that it removes the need for human intervention or maintenance to eliminate all unnecessary backdoors that open the possibility for ransomware and cyberattacks. Once booted, the decentralized operating system runs forever as the whole infrastructure was designed to be self-driving and self-healing. This 100% autonomous model allows for a completely decentralized system while also enhancing the security and privacy.
|
||||
|
||||
<br/>
|
||||
|
||||
While blockchain remains an incredible store of value, it is neither an efficient nor a scalable solution to store data and run applications. Only a peer–to-peer model can scale the Internet infinitely and efficiently.
|
||||
|
||||
## Considerations before getting started
|
||||
|
||||
The following are important factors to consider for ThreeFold farming profitability:
|
||||
|
||||
### Computer Hardware
|
||||
|
||||
Farmers are encouraged to use the latest computers, including servers, desktops, and laptops that come with an AMD and Intel processor. The computer should have at least 1 Terabyte of SSD to optimize the performance of their farming activity. It is recommended to buy a ThreeFold 3Node server from certified partners around the globe that comes pre-configured and ready to run on the Grid.
|
||||
|
||||
<br/>
|
||||
|
||||
Used or refurbished computers can be used but it is important to understand that older computers are less efficient and more power-hungry. Computers not older than 4 years are recommended. Please visit [the DIY section of our forum](https://forum.threefold.io/c/farming/diy-farming/43) for support and feedback on farming setups.
|
||||
|
||||
### Power Costs
|
||||
|
||||
Electrical power is the main operating expense. Electricity is charged per kilowatt-hour (kWh). The cost of farming can float from $0.10 to $0.35 per kWh. It is important for a farmer to verify the expected power usage of a computer before starting the operation to improve profitability.
|
||||
|
||||
<br/>
|
||||
|
||||
*Note that the price of kWh varies depending on the country. Find a country power cost average comparison [here](https://www.electricrate.com/data-center/electricity-prices-by-country/).*
|
||||
|
||||
### ThreeFold Token Price
|
||||
|
||||
An incentive to farm ThreeFold Tokens is because of its future potential. What Bitcoin did to money, ThreeFold is doing to the Internet. While Bitcoin and Etheruem have already reached high market caps, ThreeFold is just getting started.
|
||||
|
||||
<br/>
|
||||
|
||||
Farmers are rewarded a given amount of TFT monthly based on the amount of Internet capacity they provide to the network.
|
||||
|
||||
<br/>
|
||||
|
||||
If the price of TFT is $0.1, the profitability of the farm will be average. If the price of TFT is $0.3 your farming operation may operate with healthy rewards. If the price of TFT is $1 your farming operation will be highly rewarding.
|
||||
|
||||
<br/>
|
||||
|
||||
Farming rewards are also locked until 30% utilization for a period of 2 years to incentivize early participants. The earlier you start your farming operation, the greater the rewards along with the growth in the value of TFT.
|
||||
|
||||
<br/>
|
||||
|
||||
The right mix of the above elements make farming an attractive venture. If the variables are favorable, farmers can scale up operations and earn more rewards.
|
||||
|
||||
## Conclusion
|
||||
|
||||
Anyone can start farming by hosting a computer at their home or office and take part in the decentralization of our global Internet and Cloud economy. Considering ThreeFold’s market cap alongside the growing demand for a decentralized Internet, there’s no better time than now to get started farming!
|
||||
|
||||
<br/>
|
||||
|
||||
[Buy](https://shop.threefold.tech/) or [build](https://library.threefold.me/info/threefold#/tfgrid/farming/threefold__diy_guide) a 3Node and become a ThreeFold Farmer!
|
||||
83
content/blog/2022/03/post-3/index.md
Normal file
83
content/blog/2022/03/post-3/index.md
Normal file
@@ -0,0 +1,83 @@
|
||||
---
|
||||
title: Can a 'Democratized' Internet exist in times of a Cyber War?
|
||||
description: With cyber sovereignty turning into a non-territorial challenge to sovereignty itself irrespective of the virtual realm of the internet, is there a way out for humanity?
|
||||
date: 2022-03-03
|
||||
updated: 2022-03-03
|
||||
draft: false
|
||||
taxonomies:
|
||||
categories: [foundation]
|
||||
tags: [peer_to_peer,data,why,technology]
|
||||
|
||||
extra:
|
||||
subtitle: ""
|
||||
author: Sam Taggart
|
||||
authorImg: /images/people/sacha_obeegadoo.jpg
|
||||
imgPath: images/blog/cyberwar.png
|
||||
date: 2022-03-03
|
||||
---
|
||||
|
||||
On February 24 2022, Russia launched a large-scale military invasion and attack on Ukraine. In the days since the invasion began, the war has been fought not only on the ground and in the air, but also in the digital realm.
|
||||
|
||||
<br/>
|
||||
|
||||
Cyber warfare is nothing new, especially in Russia and Eastern Europe. “In the relatively short and rapidly evolving history of cyber conflict, perhaps nothing has been established with greater certainty and more widely accepted than the idea that Russia has significant cyber capabilities and isn’t afraid to use them,” [writes Josephine Wolff](https://time.com/6153902/russia-major-cyber-attacks-invasion-ukraine/), associate professor of cybersecurity policy at Tufts University. “Especially on Ukraine.”
|
||||
|
||||
<br/>
|
||||
|
||||
Leading up to the invasion, Ukraine experienced a series of cyberattacks on its critical infrastructures, including banks and government agencies. On February 23 2022, just a day before the launch of Russia’s military attack, websites of the Ukrainian parliament and multiple government agencies were put out of work. Similar cyber attacks had also been seen in early February and [were attributed to GRU](https://www.economist.com/europe/2022/02/23/will-war-in-ukraine-lead-to-a-wider-cyber-conflict?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=babbage&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners), Russia’s military-intelligence agency. And Ukrainian cities continue to suffer from [internet blackouts](https://www.economist.com/graphic-detail/2022/02/26/ukrainian-cities-are-suffering-internet-blackouts?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=babbage&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners). On Sunday, Ukraine’s vice president even called for tech specialists and hackers to join the “cyber front.” While the predictions of a Russian “cyber onslaught” have not necessarily come true yet, both sides have engaged in cyber attacks on visible and invisible levels.
|
||||
|
||||
## A Rise in State-Sponsored Cyber Attacks Globally
|
||||
|
||||
Digital or cyber warfare does not just apply to Russia and Ukraine. Broadly, cybersecurity experts have been raising concerns in recent years amid a sharp rise in ransomware and other types of digital attacks globally.
|
||||
|
||||
<br/>
|
||||
|
||||
Adam Meyers, Senior Vice President of Intelligence at the cybersecurity firm CrowdStrike [said](https://www.marketplace.org/2022/02/24/cybersecurity-to-take-center-stage-as-conflict-continues-in-ukraine/): “Just in the last year, I think we’ve seen over 2,700 big-game hunting attacks [cyberattacks that target high-value data]. So they’re far and away that most prevalent actor. Nation-state actors are continuously operating as well, but they tend to operate a little bit more under the radar. They don’t conduct as many widespread and widely known attacks. They try to, obviously, steal information without it being identified that they’ve stolen it.”
|
||||
|
||||
<br/>
|
||||
|
||||
Nevertheless, these are just the most current examples – Russia is hardly the only country engaging in cyber warfare at a larger scale. In fact, it is becoming increasingly difficult for governments, corporations and organizations to protect themselves against cyber attacks, especially against [state-sponsored attacks](https://www.economist.com/business/2022/02/19/companies-have-a-lot-to-fear-from-russias-digital-warmongering?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=babbage&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners). And in the digital space, the best and most dangerous hacks are those that go unnoticed until it’s too late.
|
||||
|
||||
## Some Governments are Sectioning Off the Internet Through Digital Borders
|
||||
|
||||
A set of countries like Russia, China, Saudi Arabia, and Iran have certain [aspirations for the internet](https://www.codastory.com/authoritarian-tech/global-rise-internet-sovereignty/). Domestically, these countries want control and think governments should get to decide what information flows across their borders. Globally, they want governments, not companies and NGOs, to be in charge of the internet. While some may say that government-owned internet infrastructures would be the only way to protect a country’s sovereignty, it goes without saying that what once was a neutral space for humanity to connect and exchange information is turning into a political schema.
|
||||
|
||||
<br/>
|
||||
|
||||
Taken together, these goals are an attempt to align cyberspace with national borders, so they are sometimes dubbed the [“cyber sovereignty” doctrine](https://www.codastory.com/authoritarian-tech/global-rise-internet-sovereignty/). The term comes from China, whose internet censorship system, called the Great Firewall, is the vanguard of the global cyber-sovereignty push. China’s cyberspace agency released a much-ridiculed musical ode to cybersecurity under Lu Wei’s leadership, which included the line: “A cyberpower: Where the Internet is, so is the glorious dream.”
|
||||
|
||||
<br/>
|
||||
|
||||
The vision of effective cyber-sovereignty is expanding to new horizons. A November [report](https://www.codastory.com/authoritarian-tech/global-rise-internet-sovereignty/) from Freedom House examined 65 countries and found since the previous year that internet freedom declined in 26 of them. Chinese-style “digital authoritarianism,” meanwhile, is growing in influence as China exports both its surveillance known-how and technology.
|
||||
|
||||
<br/>
|
||||
|
||||
The problem here is that digital sovereignty is a major concept that not only addresses the issues of communication and connection but also the impact on societies and culture at large. With cyber sovereignty turning into a non-territorial challenge to sovereignty itself irrespective of the virtual realm of the internet, is there a way out for humanity?
|
||||
|
||||
## A Free and Sovereign Cyber Space is Needed
|
||||
|
||||
It is evident that the current internet is facing some big challenges that have major implications for humanity. Data privacy and self-sovereignty is almost impossible today, raising serious questions towards those that control the Internet. But it also seems that these companies fell into the trap of their own business models and algorithms.
|
||||
|
||||
<br/>
|
||||
|
||||
When taking a step back, the world seems just a few years away from the Matrix, as depicted by the Wachowskis.
|
||||
|
||||
<br/>
|
||||
|
||||
The Internet is playing an incredibly important role for the most powerful intelligence companies. As depicted by Meyers, we wouldn’t even notice that our information is being stolen all the time to benefit the greed of powerful geo-political actors. The internet is not a public good anymore, and unless humanity reacts fast, it may be that the world will lose all forms of freedom or sovereignty.
|
||||
|
||||
<br/>
|
||||
|
||||
[“A declaration of the Independence of Cyberspace”](https://www.eff.org/cyberspace-independence) by John Perry Barlow once attempted to shed light on the applicability of government and institutions on the rapidly growing internet, already in 1996 trying to protect its neutrality. According to research, the world is experiencing innovation at an increasingly rapid pace. With the rise of blockchains and web3 technology, could the dream of John Perry Barlow turn into reality?
|
||||
|
||||
## So, What is the Solution?
|
||||
|
||||
In a world aching for more decentralization and less dependence on governments and corporations, new decentralized and peer-to-peer models are already proving to be more resilient and secure. New Internet infrastructure companies such as ThreeFold have successfully built peer-to-peer internet infrastructures that are more resilient than the current centralized model. On such systems, people and enterprises can store their data and run their applications on a distributed network of computers in such a way that their data cannot be corrupted. ThreeFold even created a so-called “quantum safe” storage that guarantees that even the most powerful computers in the world wouldn’t be able to reconstruct user data.
|
||||
|
||||
<br/>
|
||||
|
||||
The escalation of this cyber conflict can lead to unforeseen consequences and casualties. That is why it is especially important that our industry works together to protect customers, partners, employees and citizens. ThreeFold is on a mission to realize the promise of a fully-comprehensive, open-source and peer-to-peer internet infrastructure. ThreeFold is a platform for the creators of tomorrow to build that blueprint of responsibility and ensure that the outcome of future systems is neutrality.
|
||||
|
||||
<Br/>
|
||||
|
||||
Join ThreeFold in building the new internet.
|
||||
65
content/blog/2022/03/post-4/index.md
Normal file
65
content/blog/2022/03/post-4/index.md
Normal file
@@ -0,0 +1,65 @@
|
||||
---
|
||||
title: Peer-to-Peer Overcomes Web3 Challenges
|
||||
description: The promise of Web3 is tremendous, but there are clear limitations to overcome. How? Peer-to-peer systems and blockchains, side by side. The best of both worlds.
|
||||
date: 2022-03-09
|
||||
updated: 2022-03-09
|
||||
draft: false
|
||||
taxonomies:
|
||||
categories: [foundation]
|
||||
tags: [peer_to_peer,why,farming,threefold_grid]
|
||||
|
||||
extra:
|
||||
subtitle: ""
|
||||
author: Sam Taggart
|
||||
authorImg: /images/people/sam_taggart.jpg
|
||||
imgPath: images/blog/p2p_web3.png
|
||||
date: 2022-03-09
|
||||
---
|
||||
|
||||
First coined in 2014, Web3 is now one of the hottest and overused buzzwords in the digital space – the idea of a new iteration of the web, a decentralized environment based on blockchain technology that incorporates token-based economics. The promise of Web3 – decentralization of control and authority from big tech, data security, scalability, and privacy for users – is tremendous. But what is a promise without delivery? Is it possible that we will see major adoption soon?
|
||||
|
||||
<br/>
|
||||
|
||||
Similar to the [enterprise blockchain hype](https://thenewstack.io/as-blockchain-hype-fades-developers-give-ethereum-a-serious-look/) that happened a few years ago, Web3 seems to be repeating the same story, with lots of chatter but lagging adoption. Millions have rushed to trade crypto and NFTs attached to Web3 – with a lot of this activity based on speculation and hype – but that doesn’t mean they will replace legacy platforms anytime soon. New approaches such as DeFi (decentralized finance) don’t have the same problem of the legacy firms, but they face the challenge of scaling and mass adoption. However, many so-called ‘Web3’ solutions are not as decentralized as they seem, and still have to show they are scalable, secure and accessible enough for the mass market. This all may change, but there are clear limitations that will need to be overcome.
|
||||
|
||||
<br/>
|
||||
|
||||
Whether Web3 is a marketing slogan or a true technological trend, there is a lot of money and technology behind it. Financial institutions are embracing blockchain technology and we are seeing a rising adoption of digital assets across industries. While the idea of utilizing digital currencies to exchange different forms of value in an increasingly digital world certainly makes sense, it’s a bigger leap to say that blockchain alone can support a broad set of use cases, including replacing the current Internet infrastructure.
|
||||
|
||||
<br/>
|
||||
|
||||
The Internet’s client-server infrastructure replicates data and workloads across many computers, and uses tons of computing resources and energy while limiting the scalability of our applications. However, the clear inefficiencies and gaps in security in today’s centralized infrastructures are being challenged by simpler means of building, storing and exchanging data.
|
||||
|
||||
<br/>
|
||||
|
||||
Blockchain is a clear evolution to the centralized client-server model, but there are severe challenges sourced from the [blockchain trilemma](https://medium.com/certik/the-blockchain-trilemma-decentralized-scalable-and-secure-e9d8c41a87b3) between decentralization, scalability and security. Peer-to-peer systems transcend those challenges as they don’t require any valid2ation or verification from a third party, and enable end-to-end connections that can scale limitlessly without the potential of being altered or corrupted by intermediaries. In peer-to-peer systems, all participants are equally privileged, presenting a fairer model. Peer-to-peer represents an incredibly simple and efficient paradigm for organizing our digital world, and has already proven to be the most efficient alternative to centralized information systems.
|
||||
|
||||
<br/>
|
||||
|
||||
Simply put, there is no reason to replicate full sets of data and workloads across many computers, and use tons of computing resources and energy while limiting the scalability of our applications. While there is an increasing reliance on blockchain principles to organize our Internet systems, blockchain also makes things redundant, slow, complex and energy intensive. To be clear, blockchain isn’t the problem, as it is a great technology to store and exchange value in a decentralized way, but it is only one piece of the puzzle.
|
||||
|
||||
<br/>
|
||||
|
||||
By inter-connecting the computing processing power and storage capacity of billions of computers worldwide in a peer-to-peer way, data transfers could happen end-to-end between people and machines without the need to be verified. Peer-to-peer is also the only way to achieve a truly self-sovereign Internet – creating a ‘trustful’ environment that allows users and developers to have real data ownership.
|
||||
|
||||
<br/>
|
||||
|
||||
Peer-to-peer systems aren’t meant to replace blockchains – they represent a way to decentralize models that blockchain cannot, such as Internet infrastructures. Peer-to-peer systems and blockchains, side by side. The best of both worlds. Peer-to-peer as the most efficient and decentralized alternative for us to exchange data and Internet resources. And blockchain for establishing trust through an irrefutable record of transactions.
|
||||
|
||||
<br/>
|
||||
|
||||
With the rise of emerging technologies, a new technological foundation is needed to protect our sovereignty and freedom. The rise of blockchains, while well intended, ultimately has made the technological space more complex than ever before, and still benefits a plutocratic few (relative to its promise). More than just technology, peer-to-peer opens a world of new possibilities for humanity to co-initiate new paradigms and experiences.
|
||||
|
||||
<br/>
|
||||
|
||||
By applying blockchain and peer-to-peer technology to the cloud, ThreeFold solves the security and autonomy issues of the Internet and realizes the initial promise of the Internet as an open-source, peer-to-peer, planetary mesh network of nodes owned by the people.
|
||||
|
||||
<br/>
|
||||
|
||||
Support the realization of a peer-to-peer Internet owned by the people today:
|
||||
|
||||
<br/>
|
||||
|
||||
- [Get TFT](https://library.threefold.me/info/threefold#/tokens/threefold__how_to_buy), the currency of the peer-to-peer Internet.
|
||||
- [Connect a computer](https://library.threefold.me/info/threefold#/tfgrid/farming/threefold__farming_intro) to the peer-to-peer Internet and earn monthly rewards.
|
||||
- [Build applications](https://library.threefold.me/info/manual/#//manual__manual3_home_new) on the peer-to-peer Internet.
|
||||
63
content/blog/2022/03/post-5/index.md
Normal file
63
content/blog/2022/03/post-5/index.md
Normal file
@@ -0,0 +1,63 @@
|
||||
---
|
||||
title: What Bitcoin did to money, ThreeFold is doing to the Internet
|
||||
description: As the Internet is struggling with issues due to its centralized model, ThreeFold spent the last six years developing a new open-source peer-to-peer Internet infrastructure from the ground up.
|
||||
date: 2022-03-11
|
||||
updated: 2022-03-11
|
||||
draft: false
|
||||
taxonomies:
|
||||
categories: [foundation]
|
||||
tags: [peer_to_peer,threefold_grid,blockchain,technology]
|
||||
|
||||
extra:
|
||||
subtitle: ""
|
||||
author: Sacha Obeegadoo
|
||||
authorImg: /images/people/sacha_obeegadoo.jpg
|
||||
imgPath: images/blog/bitcoin_threefold.png
|
||||
date: 2022-03-11
|
||||
---
|
||||
|
||||
The world’s most famous cryptocurrency Bitcoin, established in 2008 by a person or group of people under the pseudonym of Satoshi Nakamoto, is changing the world. With 106 million people owning Bitcoin after only twelve years, the growth momentum is undeniable. The popularity of Bitcoin is transforming monetary systems at large, and establishing trust through irrefutable records.
|
||||
|
||||
<br/>
|
||||
|
||||
Unlike traditional financial technologies, Bitcoin provides total control over one’s funds without the intervention of a central authority, such as a bank or government. Bitcoin is decentralized and spread across many computers worldwide. It’s not a company, it’s a protocol. No single person or entity can control, manipulate or influence the network’s operations. There has never been a hack at the network level since Bitcoin launched in 2009.
|
||||
|
||||
<br/>
|
||||
|
||||
Bitcoin sparked a revolution towards decentralized and peer-to-peer systems. The advantage of such systems is that they operate without central authority, can be audited by anyone, and push for collaboration as their designs are public, inviting everyone to take part.
|
||||
|
||||
<br/>
|
||||
|
||||
New systems built from scratch, like DeFi (decentralized finance), don't have the problem of legacy firms, but they face challenges in scaling towards mass adoption. Most of the so-called ‘Web3’ solutions provide the illusion of decentralization but are actually still quite centralized. Others still have to prove their scalability, security and accessibility to become real alternatives to the current tech giants. While that may change, it's not a given considering the clear limitations they have to overcome.
|
||||
|
||||
<br/>
|
||||
|
||||
The Internet represents the second largest and fastest growing economy in the world. With plenty of technologies emerging such as Blockchain, Web3, IoT and the Metaverse to name just a few, the infrastructure that holds our digital world together is becoming more important than ever before. However, the Internet is struggling with many issues related to its incredibly centralized model, including a lack of resiliency and scalability, as well as the loss of its neutrality. And these issues keep intensifying.
|
||||
|
||||
<br/>
|
||||
|
||||
Amazon Web Services alone hosts more than a third of the Internet today. Adding in a few other tech giants, we essentially end up with only four or five companies controlling the majority of the Internet. While the US government has been debating potential regulations and even breakups of big tech corporations, other governments like China or Russia are already regulating certain aspects of the web. However, most regulations have failed to achieve the desired outcomes and are unable to keep up with the pace of innovations.
|
||||
|
||||
<br/>
|
||||
|
||||
There’s a saying that goes, “If it is free, you are the product.” Social media platforms like Facebook and Instagram are known for being completely free of charge. Their business models and profits are based on collecting, analyzing and selling their users’ data. [Studies](https://www.mcleanhospital.org/essential/it-or-not-social-medias-affecting-your-mental-health) now show that high social media use correlates with self-reported declines in mental and physical health. The same platforms are being manipulated by private companies that spread political disinformation and polarity. According to internal Facebook [reports](https://www.theverge.com/2020/5/26/21270659/facebook-division-news-feed-algorithms), 64% of the people that joined extremist groups did so because algorithms steered them there. In an increasingly interconnected world where people are surrounded by smart devices that collect their data 24/7, data ownership and control has never been more important than anything else.
|
||||
|
||||
<br/>
|
||||
|
||||
Since the launch of Bitcoin, many cryptocurrencies have rallied the movement of decentralization, but only a handful hold technology that can bring true impact. What if there was one project out there that could apply the peer-to-peer and open-source fundamentals to the Internet? ThreeFold spent the last six years developing a new Internet infrastructure from the ground up consisting of a new decentralized operating system, a quantum safe storage system, a planetary mesh network and a distributed edge cloud solution.
|
||||
|
||||
<br/>
|
||||
|
||||
ThreeFold builds on 20+ years of technological innovations in the cloud automation, Internet storage and cybersecurity markets brought by its co-founders such as Kristof de Spiegeleer – a serial entrepreneur whose technologies have been acquired by Oracle, Verizon, Data Symantec and others. Together, the ThreeFold co-founders decided to start from scratch as they realized it was the only way to achieve a peer-to-peer and open-source digital backbone that secure, private and self-sovereign.
|
||||
|
||||
<br/>
|
||||
|
||||
According to de Spiegeleer, “ThreeFold holds more technology than all the Web3 space combined.” ThreeFold’s decentralized operating system can run on any computer, including servers, desktops and laptops, allowing anyone to connect hardware from their home or office to the peer-to-peer Internet."
|
||||
|
||||
<br/>
|
||||
|
||||
But what differentiates ThreeFold the most from the crowd is that it’s a project anchored in it’s values and vision. The project always remained far from fake hype, market making or FOMO games like the large majority of crypto projects. With a low market cap today, and its ability to transform the Internet at large, the time to buy [ThreeFold Tokens (TFT)](https://threefold.io/tft) is now. “We’re on the verge of signing our first countries and also have use cases across Real Estate, Education, Supply Chain, Metaverse and Blockchain coming up this year,” said de Spiegeleer, “So, we believe we are looking at tens of millions of users on ThreeFold in the upcoming years."
|
||||
|
||||
<br/>
|
||||
|
||||
Stake your claim in the decentralized Internet by [hosting the Internet](https://library.threefold.me/info/threefold#/tfgrid/farming/threefold__farming_intro) or [getting TFT](https://library.threefold.me/info/threefold#/tokens/threefold__how_to_buy) today.
|
||||
70
content/blog/2022/03/post-6/index.md
Normal file
70
content/blog/2022/03/post-6/index.md
Normal file
@@ -0,0 +1,70 @@
|
||||
---
|
||||
title: Stake TFT and Become a ThreeFold Validator
|
||||
description: ThreeFold is realizing the initial promise of an open-source, peer-to-peer Internet owned by the people. Anyone can become a validator and participate in the decentralization of the Internet economy.
|
||||
date: 2022-03-16
|
||||
updated: 2022-03-16
|
||||
draft: false
|
||||
taxonomies:
|
||||
categories: [foundation, cloud, technology]
|
||||
tags: [threefold_grid, community, blockchain, update]
|
||||
|
||||
extra:
|
||||
subtitle: ""
|
||||
author: HANNAH CORDES
|
||||
authorImg: /images/people/hannah_cordes.jpg
|
||||
imgPath: images/blog/stake_tft_become_validator.png
|
||||
date: 2022-03-16
|
||||
---
|
||||
|
||||
ThreeFold is an innovative Internet infrastructure. By applying peer-to-peer technology to the Internet, ThreeFold operates without centralized cloud providers or authorities the management of transactions and the offering of Internet capacity is carried out collectively by a people-powered network.
|
||||
|
||||
<br/>
|
||||
|
||||
ThreeFold is open-source – its code is public, nobody owns or controls ThreeFold and everyone can take part. Through many of its unique properties, ThreeFold represents the next-evolution of the Internet and is the low-level foundation to support any current or future digital workload including Edge Computing, Web2, Web3, Blockchain, IoT and the Metaverse.
|
||||
|
||||
<br/>
|
||||
|
||||
ThreeFold aims to ensure that no application, big or small, is subject to the limitations of Web3 or the pitfalls of Web2. Its peer-to-peer Internet Grid is infinitely more resilient, secure and scalable than centralized cloud providers like AWS or Microsoft Azure.
|
||||
|
||||
## Participate in the ThreeFold L2 Validator Program
|
||||
|
||||
The [ThreeFold Blockchain](https://threefold.io/blog/post/tf_chain/) records transactions that happen on the ThreeFold Grid, including Internet capacity (farming), Internet capacity provisioning (smart contract for IT), identity, account metadata and more.
|
||||
|
||||
<br/>
|
||||
|
||||
[Validator nodes](https://library.threefold.me/info/threefold#/decentralization/validators/threefold__validators) support the network by remaining in sync with the ThreeFold Blockchain and recording the chain’s data while validating and/or injecting transactions. Essentially, a validator stores and validates transactions aka, mining blocks.
|
||||
|
||||
<br/>
|
||||
|
||||
With about a hundred L2 validator nodes to join the network, clients will be able to rely on a distributed, peer-to-peer network instead of relying on centralized services.
|
||||
|
||||
<br/>
|
||||
|
||||
Many people and organizations rallied to run validator nodes using computing and bandwidth resources – but more are needed to allow ThreeFold to continue to grow. The rest of this post describes how you can help and what’s in it for you.
|
||||
|
||||
## Why run a ThreeFold L2 Validator?
|
||||
|
||||
L2 Validators store the records of the ThreeFold Blockchain, the ThreeFold DAO and the development of side chains on the ThreeFold Grid. There are only 50 in the first batch and 37 have already been verified – meaning there are only 13 spots left! Running an L2 validator requires 2,000,000 TFT staked in order to begin validating. This 2,000,000 TFT is the minimum bond needed to begin validating blocks. A validator also earns voting rights in the ThreeFold DAO (Decentralized Autonomous Organization), which is responsible for the operations of the ThreeFold Blockchain and ThreeFold Grid.
|
||||
|
||||
<br/>
|
||||
|
||||
Running a validator node on a computer isn’t a complicated task. For many of us who love ThreeFold, we want to support the decentralization of the peer-to-peer Internet, and running a validator node is a great way to do that. Also, it is a unique and revolutionary project to have in your room or office. Running a validator node requires little electricity, close to zero technical knowledge, and no real time commitments.
|
||||
|
||||
## Validator Node Rewards
|
||||
|
||||
For their commitment, and as an incentive for their continued participation, validators are rewarded with a share of the ThreeFold Grid’s revenue. By helping the network reach consensus, validators also earn rewards for processing transactions into new blocks or checking the work of other validators because that's what keeps the ThreeFold Blockchain secure. A minimum of 5% yield is foreseen in the next 2 years.
|
||||
|
||||
## Join the Peer-to-Peer Revolution
|
||||
|
||||
ThreeFold is realizing the initial promise of an open-source, peer-to-peer Internet owned by the people. Anyone can become a validator and participate in the decentralization of the Internet economy. If you are interested in running one, just follow these simple steps:
|
||||
|
||||
<br/>
|
||||
|
||||
* **Step 1**: Create an account (wallet) with the [ThreeFold Connect](https://library.threefold.me/info/threefold#/tokens/threefold__threefold_connect) app.
|
||||
* **Step 2**: Buy the required amount of TFT to reserve your validator. Find all TFT buying options [here](https://library.threefold.me/info/threefold#/tokens/threefold__how_to_buy).
|
||||
* **Step 3**: Log into the [ThreeFold Forum](https://forum.threefold.io/) using ThreeFold Connect and go to the [L2 Validator Signup](https://forum.threefold.io/c/dao/validators-signup-l2/83) category.
|
||||
* **Step 4**: Follow the [registration instructions](https://forum.threefold.io/t/procedure-to-register-your-l2-validator-node/1864) to become a L2 Validator, and review the checklist of your application before submission.
|
||||
|
||||
<br/>
|
||||
|
||||
Someone from the ThreeFold community will get in touch with you within the next few days to welcome you to the ThreeFold universe. We’ll have a brief call to verify your identity and wallet treasury to confirm your application. The successful verification process secures your spot as a ThreeFold L2 Validator.
|
||||
@@ -12,7 +12,7 @@ taxonomies:
|
||||
extra:
|
||||
subtitle: "The UNIQUE Post 1 subtitle" # Quotation marks allow colons, semicolons, etc.
|
||||
author: sacha_obeegadoo
|
||||
authorImg: /images/people/hannah_cordes.jpg
|
||||
authorImg: /images/people/sacha_obeegadoo.jpg
|
||||
imgPath: images/connecting_the_dots.png
|
||||
|
||||
---
|
||||
|
||||
BIN
static/images/blog/3node_example.png
Normal file
BIN
static/images/blog/3node_example.png
Normal file
Binary file not shown.
|
After Width: | Height: | Size: 427 KiB |
BIN
static/images/blog/bitcoin_threefold.png
Normal file
BIN
static/images/blog/bitcoin_threefold.png
Normal file
Binary file not shown.
|
After Width: | Height: | Size: 96 KiB |
BIN
static/images/blog/cyberwar.png
Normal file
BIN
static/images/blog/cyberwar.png
Normal file
Binary file not shown.
|
After Width: | Height: | Size: 146 KiB |
BIN
static/images/blog/p2p_web3.png
Normal file
BIN
static/images/blog/p2p_web3.png
Normal file
Binary file not shown.
|
After Width: | Height: | Size: 296 KiB |
BIN
static/images/blog/stake_tft_become_validator.png
Normal file
BIN
static/images/blog/stake_tft_become_validator.png
Normal file
Binary file not shown.
|
After Width: | Height: | Size: 28 KiB |
BIN
static/images/blog/what_is_farming.png
Normal file
BIN
static/images/blog/what_is_farming.png
Normal file
Binary file not shown.
|
After Width: | Height: | Size: 134 KiB |
Reference in New Issue
Block a user