07/05/2019

What is Skywire? "The Foundation of a New peer-to-peer Internet"...but don't forget to buy your ...skycoins (or extract them through coin miner scripts)

"We want to break the chokehold that internet service providers (ISPs) have on the market by giving the power back to the people. We are doing this by providing a decentralized community-driven mesh network where users themselves will own and control the network’s infrastructure. Our goal is to provide everyone with access to fast, secure, private and reliable internet. Instead of relying on corporate-owned networks, the Skywire mesh network runs on widespread user-owned nodes which come together to provide the infrastructure for the network, allowing communities to power their internet access. Skywire’s protocol is based on software-defined networking, which will make the outdated and inefficient “hot-potato” packet routing a thing of the past. Skywire supports channel bonding which provides unmatched speed and reliability. The ability to connect to multiple nodes at once drastically increases throughput and redundancy, democratizing previously difficult use cases.

Skywire lays the foundation for distributed bandwidth, storage, and computation essential to the new peer-to-peer internet. In the future, this holy trinity of digital commodities will be affordable and easily accessible to the world through Skywire. And in the not-too-distant future Skywire combined with the ubiquity of Skywire Miners will provide the nodes to efficiently decentralize the limitless number of blockchain applications that will run on Skycoin’s Fiber architecture. The backbone of Skywire will be the community itself. By providing Skycoin and Coin Hour rewards to node operators, we offer incentives for people to contribute to the network and in turn, they’ll have Coin Hours to use for resources and applications on the network. The more the network is used, the stronger, faster and more robust it becomes, creating a closed-loop, self-sustaining economy.

Today, internet users have no say in how ISPs operate. Skywire gives this decision making power back to the community in the form of a web-of-trust system. The consensus model allows nodes to be cut off if deemed malicious, or strengthened if considered trustworthy through collective community agreement. By making sure everyone has their say, Skywire becomes immune to exploitation, manipulation, and attack, and safer for all. With default end-to-end encryption, Skywire ensures that all traffic is private and users will never have their data tracked, stored, or sold. Third parties will not be able to connect individual packets to any user or IP address, and they will not be able to read the contents of any network traffic. Relaying nodes will only have routing information for one single prior and subsequent node for movement of the encrypted data packet. Users will finally be able to browse with real privacy."

Read More: https://www.skycoin.net/skywire/
Vid: https://www.youtube.com/watch?v=wG9Q3xzSPdI

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