SONM is a decentralized worldwide fog computer for any general purpose computing ? from site hosting to scientific calculations.
The purpose of SONM project is to replace hash-based traditional cryptocurrency mining, which now dominates the [Suspicious link removed]munity.
Buyers of computing power get a more cost-efficient solution than cloud services
(Amazon, Microsoft, Google Cloud, Digital Ocean etc.) can offer.
We use fog computing instead of cloud, so there is no more need to pay in advance for private and monopolized cloud computing.
Since SONM is fully decentralized, there is no centralized authority that regulates computing resource distribution.
If you are a miner or computational power owner, SONM is a great opportunity
to use your equipment for some useful calculations and proceeding real tasks.
SONM fog computing platform is a fresh start for solo mining. There are lots of miners whose GPU mining farms
are now useless due to the increased Proof-of-work mining difficulty (even for altcoins).
In recent years, being a part of a mining pool has been the only way to guarantee profit from mining.
However, even in doing so, this profit is so small that sometimes it doesn't even cover the cost of electricity spent for PoW mining.
SONM platform gives the miners a profitable solution.
With SONM you will stop burning your kilowatts for PoW mining and start serving calculations for the distributed World Wide Web.
For those who are confused by difficulty bomb or Ethereum (and many others) PoS-migration, SONM suggests to miners the most
profitable applicationsand tasks for his hardware. CPU, GPU, ASIC, even gaming consoles
and smartphones can be used for SONM fog computing.
All you need is to set up a mining client application and run it.
Read the SONM Whitepaper with detailed description of the technologies, architecture, roadmap,
and all the other essential technical information about the platform:
Read the SONM Business overview with detailed description of the SONM marketing and financial model,
distributed computing market analysis, SNM token allocation structure, etc:
From a technical point of view, SONM is a top layer of underlying P2P technologies – BitTorrent for data transfer,
Cocaine Paas platform as a decentralized computing technology, Ethereum Smart Contracts as a PoE (Proof of Execution)
and consensus system, BitMessage for communication etc. There is no central control behind the system and no backdoors or escape hatches.
Several existing technologies were combined and modified by our developers to make a new GRIB (GRID+Blockchain) technology.
SONM is the Multi-agent system, so each user will able to use intelligent agents and smart-contracts to maximize the profit.
You can set up automatization level from choosing of every project manually to one-click settings. The SONM system will then
automatically pick the most profitable project for your equipment, work with it and receive payouts to your personal Ethereum address.
SONM has been developed to be Self-learning and totally safe for its users.
Our system supports anonymity tools like proxy, VPN or TOR, but it can't be used as a hacker dream toolkit.
Intelligent agents are able to self-educate using neural networks and keep malicious users out of the system,
while at the same time providing
most efficient task solution - both for miners and computational power buyers.
Also, SONM computing power exchange has the properties of the free market, so malicious hubs and users will
shortly be ignored by buyers and miners due to their bad reputation.
In summation, we expect SONM to be the smartest, the cheapest and the largest decentralized computing system
with strong rules regarding morality and loyalty, due to SONM’s reputation system and self-learning neural network.
Flowchart of client-hub interaction process:
Flowchart of "miner-hub" messages exchange:
Read the SONM Whitepaper to get comprehensive information on SONM system technology,
protocols used and the technical roadmap/timeline:
SONM platform uses a token of the same name – SONM (ticker: SNM).
Token account is a core component of SONM, and it is designed to ensure flexibility and control for the future evolution of the project.
Tokens will be created during the Pre-ICO and ICO. Total supply of SNM will be limited to the amount of tokens created during crowdfunding
period. SNM tokens will be used by the computing power buyers to pay for the calculations using the smart-contracts based system.
SNM is a token issued on Ethereum blockchain. Its design follows widely adopted token implementation standards.
This allows token holders to easily store and manage their SNM tokens using existing solutions including Ethereum Wallet.
SONM project crowdfunding (Pre-ICO and ICO) and SNM token creation will take place using Ethereum smart contracts.
Participants willing to support SONM project development will send ether to specified ethereum smart contract address,
creating SNM tokens by this transaction at the specified SNM/ETH exchange rate.
Read the SONM Business overview with detailed description of the SONM marketing and financial model,
distributed computing market analysis, SNM token allocation structure, etc:
We'll use escrow with multisignature wallet and escrow to ensure safety for all the ICO participants.
ICO SNM tokens exchange rate will be 1 ETH = 2824 SNM.
nobody will listen to you so keep this advice for yourself I think you gonna miss this train. SNM is more better than GNT you are looking for new bag holders to buy your shit. So don't try to hijack this thread by giving suggestion for other token.
