Dfinity- The Decentralized Cloud
this is a community thread of Dfinity network (
https://dfinity.network/)
https://i.imgur.com/TD2qpec.pngMISSION
Build An Infinite Decentralized Cloud
The decentralized cloud will be tamperproof, unstoppable, and will support autonomous systems
The decentralized cloud provides unique new properties that will enable the fabric of the Internet to play key roles - such as supporting the sharing economy, messaging and even Web search - without intermediary organizations. Meanwhile, businesses will be able to profoundly reengineer their IT systems, making them far more cost effective and secure.
DFINITY pursues this in four ways:
COMPATIBILITY. DFINITY extends, compliments and strenghtens the Ethereum ecosystem by supporting EVM smart contracts while introducing synergistic alternative technology. It is not conceived as a competitor, but as a compatible sister network that provides very different properties for those that need them.
EXTREME PERFORMANCE. Novel protocols and cryptography - collectively referred to as "crypto:3" - deliver stunning performance improvements. Transaction finality can be provided in 7.5s on average (50X faster than today) allowing for greatly superior user experiences, and groundwork is laid for an infinitely scalable virtual computer that increases capacity as new "mining clients" join the network facilitating creation of open versions of mass market services such as Uber, Twitter, Gmail (secure messaging not SMTP) and even Web search.
GOVERNANCE BY "AI". DFINITY has taken the bold step of making the "The Code is Law" paradigm contingent upon the decisions of a distributed intelligence called the Blockchain Nervous System (BNS). This has privileged access to network internals and can reverse hacks, restart broken systems, return stolen tokens and freeze nefarious systems, while also updating network and economic operating parameters and orchestrating protocol upgrades without "hard forks".
INTEROPERABILITY. Currently, organizations running private compute clouds must build isolated systems. DFINITY solves this by building on the unique properties of crypto:3 protocols: from the Copper Release forwards software hosted on DFINITY private clouds will be abe to make all-or-nothing calls into systems hosted on the DFINITY public cloud network. This will make it possible for private systems to use public systems as building blocks, and for private chains
to interact via shared systems such as a public carbon credits exchange.
CRYPTO:3Private network performance on public networks, and infinite scaling
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