Substratum



More wikis: All wikis   Bitcoin   Ethereum   Ripple   BCash   Monero   Ontology   Siacoin   Ada   Xem   Verge   Metal   Digibyte   Tron   Lisk   Binance   Electrify   Vechain   Prl  


From MyCryptoWiki
Jump to: navigation, search


Substratum Basic info[ ]

Name: Substratum

Ticker: $SUB

Price: https://coinmarketcap.com/currencies/substratum




What is Substratum (SUB)?[ ]

Substratum supports an equal, fair, and open internet. They are building a foundation for decentralized internet to provide users unhindered ability to share information and access content worldwide, while also simultaneously turning the web hosting industry on its head.

Substratum aims to create a network of P2P nodes that can deliver a series of sequenced and compartmentalized encrypted packets to provide secure, open, and anonymous internet to users.


SUB plans to accomplish the P2P Network via their “CORES” system which uses compression algorithms, geolocation, and machine learning to direct the nearest nodes to deliver content that is optimized for speed and network load. In the CORES system, the initial Client sends a request to the Originator node.

Next are two additional Relay nodes (with a three hop minimum) to increase anonymity before the data Exits to the end Server. This process is then repeated on the way back to the user using a different path.

The network is powered by Substrate ($SUB), which is used to pay for hosting content on the Sub blockchain. Typical web hosting and cloud services can be expensive and cost prohibitive for small and mid-size websites.

Another major feature is that, unlike Tor, sites hosted on the Sub network are accessible by both traditional and decentralized web outlets. Sub’s model of per-request billing via micro-transactions opens the door to substantial cost savings. This, combined with the encrypted relays, will (in theory) eliminate the need for VPNs or Tor. In addition, as long as the network is online, hosted sites should never experience downtime.


Node operators are incentivized to provide resources and storage space because they are rewarded in $SUB based on a yet to be finalized calculation. There is also no requirement for nodes to hold any $SUB at all, and operators can determine the uptime and amount of resources provided to the network. The fee matrix will, however, be based off the throughput that a node delivers to the network, the amount of $SUB held, the age of the node, consistency of uptime, and whether the node operates in a restricted region such as China, Iran, or Russia.


The end result should be a path towards a free and open internet that is devoid of interference by governments and corporate interests. With cheap, efficient, and per-click hosting charges, node operators not only receive the anonymity benefits of VPNs without the cost, they are also rewarded with $SUB for maintaining the network.

The initial release of nodes will run on Windows/Mac/Linux operating systems. Substratum is actively exploring the feasibility of Raspberry Pi, Aurduino, and other similar operating system options.

Perhaps the biggest hurdle for new cryptocurrencies is adoption, but Sub is managing to make it appealing to the user. Installing a node is surprisingly easy, especially for a closed beta. You can successfully setup a v0.2.0 node on a Windows 10 machine and route traffic through it in under 5 minutes. Sub’s ability to integrate with existing browsers also relieves any not have anywhere near the end goal capabilities that is mentioned, but we do not anticipate that the future capabilities will impact the setup process or time required.

What is the need for Substratum?[ ]

We all live in the most surveilled and censored time in centuries. Governments across the globe are controlling the flow and content of information going in and out of their countries. Massive data centers, hubs, and server farms are increasingly centralizing the internet; creating targets, dependencies, and central points of failure. Informational gatekeepers can surveil user data or allow access to it by third parties or governments.


MARCH 2018 marked the end of non-government approved VPNs in China. Legislation also passed in the EU requiring platforms and hosts to police for copyright infringements uploaded by users. In the US, new FCC rules removing net neutrality will take effect at the end of April. That’s where Substratum ($SUB) comes in.


Substratum ICO[ ]

Sub raised approximately $19 million last June through their ICO and private placement from Render Payment Systems (RPS). It has a current market cap of around $135 million. RPS is in a unique position to immediately impact the hosting reach of the Substratum network, as they offer worldwide services to over a half dozen major websites in the cannabis industry.


Substratum (SUB) News[ ]

Substratum is also developing an app store for free and paid apps to run on the network. APIs and SDKs will be provided to developers as well. In addition, they are developing an app called CryptoPay, which is their version of PayPal/Stripe for use on the Sub network. It will be able to accept publicly traded coins (and eventually fiat) for payment based on the vendor’s preference. $SUB will be used as the conversion currency for CryptoPay.



Competitors of Substratum[ ]

Maidsafecoin is in their second Alpha and offers a similar solution with additional mobile browsing, but it also requires usage of their SAFE browser to surf.


Internet of people (IoP) is another trying to offer decentralized web with an aim to have full nodes able to run on Raspberry PIs and partial nodes on mobile networks.


Shift is based off of the IPFS protocol and acts similar to a single torrent swarm exchanging within itself.

Where and how to buy Substratum[ ]

You can buy Substratum on the Followng exchanges in the SUB/BTC, SUB/ETH, SUB/BNB (Binance) pairs.

Binance

Hitbtc

Kucoin


Convert SUB to USD EUR GBP and Fiat[ ]

Easily Calculate or Convert SUB to US Dollars(USD), Euro(EURO) or Great Britain(GBP) Pounds and other World currencies below.

Our Crypto Converter makes this as easy as a breeze.


Price Prediction: Price Prediction