Topic: Galaxy Network: New Generation Fog CDN + Ethereum in the field of POC mining (Read 121 times)

Galaxy Network: New Generation Fog CDN + Ethereum in the field of POC mining

Blockchain and cryptocurrency are considered to be another system that has changed the world after the electric power system and the Internet system. When it comes to blockchain, we always feel that this is a technology far away from us, or that blockchain is still in a speculative stage. In fact, the application of block chain has quietly occurred in various industries, such as the combination of CDN and block chain.

Because the development of traditional CDN technology has been stagnant for a long time, people can see its huge space for innovation.The blockchain is through distributed computing and distributed storage to mobilize a large number of redundant computing resources and power resources, and turn it into estimable data resources, bandwidth resources or traffic resources. Blockchain itself adapts to CDN naturally, so CDN+ blockchain is the best choice, where Galaxy Network is the best solution for blockchain + sharing economy to overturn the traditional CDN acceleration industry.

#### I. Why does CDN combine blockchain?

##### 1. What is CDN?

The full name of CDN is Content Delivery Network, the content distribution network. CDN is an intelligent virtual network built on the existing network. It relies on the edge servers deployed everywhere, and enables users to obtain the required content nearby, reduce network congestion and improve user access response speed and hit rate through the load balancing, content distribution, scheduling and other functional modules of the central platform. 

For example, you commonly use Youku, iqiyi, Taobao and other Internet applications are using CDN, which can provide you with network acceleration, so that you can use these applications faster and more smoothly.

##### 2. Disadvantages of centralized CDN services

CDN and public cloud storage are the mainstream cloud computing solutions, but cloud computing has the following problems:

1) the main investment in cloud computing is X86 servers, electricity charges and monopoly telecommunications infrastructure, resulting in high costs.

2) there is a huge gap between the exponential growth of demand and the limited supply of cloud computing resources, which can not support the upgrading of demand in the future, and the demand can not be effectively met.

3) the centralized cloud computing model leads to the bottleneck that data upload and download can not be solved.

4) Law of Large Numbers indicates that the highly centralized mode will certainly have a single point of failure and the reliability of the system will decline.

5), "night watchman" snooping at any time, so that data privacy can not be protected.

Therefore, the advantage of blockchain is highlighted. CDN+ block chain can make use of idle global network resources, such as computers, mobile phones, routing, etc. This makes the Internet can accelerate the distribution of nodes in all corners of the world, faster Internet access, less bandwidth, safer user data, and lower cost. In addition, due to the incentive mechanism of blockchain, idle resources can also be rewarded by TOKEN, forming a win-win situation.

Galaxy Network, a blockchain project based on fog CDN, was born in this case.

#### II. Galaxy Network

##### 1. What is Galaxy Network?

Galaxy Network is the next generation of fog CDN, with absolutely leading P2P algorithms, lean intelligent network scheduling and a wide range of smart devices to provide customers with high performance and low cost content acceleration services by scheduling massive and stock edge devices. Its decentralized storage and transmission network aggregates storage and acceleration services provided by multiple independent storage miners and acceleration miners, and can provide storage and acceleration services to customers in a self-coordinated manner. This kind of coordination is decentralized and does not need to be trusted. Through the coordination of the protocol and the individual participants can implement the verification operation, the system can obtain the security operation.

##### 2. Fog calculation of Galaxy Network

Galaxy Network is a blockchain project based on fog CDN, so what is fog calculation? What are the advantages of Galaxy Network based on fog CDN?

1) What is the fog calculation?

Everyone has heard of cloud computing, and few people know about fog computing. In fact, fog computing is an extension of the concept of cloud computing, to take a vivid example, clouds are in the sky, difficult to touch, but fog is realistic, close to the ground, near us.

Compared with cloud computing, fog computing is more distributed and closer to the edge of the network. Fog computing centralizes data, data processing, and applications in devices at the edge of the network, unlike cloud computing, which stores almost all of them in the cloud, where fog computing data is stored and processed more on local devices than on centralized servers. Fog computing is a new generation of distributed computing, which conforms to the "decentralized" characteristics of the Internet.

Fog computing has several obvious characteristics: low delay and location awareness, wider geographical distribution, adaptation to mobility applications, and support for more edge nodes. These characteristics make the deployment of mobile services more convenient and meet the needs of a wider range of node access.

2) Advantages of Galaxy Network based on fog CDN

Low-cost: the fog computing mode of Galaxy Network can touch more edge devices, share more idle network resources, where the cost is 0, and the sum of all idle equipment resources is much larger than the sum of all IDC resources.

Low threshold, everyone can participate: POW mining goes through the earliest CPU mining, to video card mining, and finally to professional ASIC chip mining. POW mining along the way, becomes more and more professional, the threshold is higher and higher. It is difficult for ordinary users to participate in it so far. Galaxy Network fog computing lower the threshold of mining, where computers, mobile phones, routing can participate, in line with the essence of the sharing economy.

More decentralized: anyone can participate in Galaxy Network makes a wider geographical distribution, which adapts to mobility applications, supports more edge nodes. Any intelligent device can become a node, so it is more decentralized.

High efficiency: The portable advantage of Galaxy Network's fog computing in application is very obvious. It has less demand for data transmission,which can realize high frequency interaction and real time transmission of data, and the network delay time is very low.

At present, Galaxy Network has realized the accelerated network based on fog calculation, initially realized the real-time transmission capability of 20~50Mbps, and put it into public test. Galaxy Network will be a fast-growing ecological platform that will consist of millions of storage miners and 100 million-level fog computing acceleration miners in the future, while carrying vast amounts of files and data.

Galaxy Network is a commercial class decentralized storage and transport network 100times faster than IPFS.

#### III. Building the Ethereum in the Field of POC

Galaxy Network's Fog CDN can touch the edge computing power and storage space provided by countless devices, making hundreds of millions of smart devices into fog computing acceleration miners, which creates a huge new ecology. At the same time, Galaxy Network has adopted the POC mining mechanism everyone can participate in, which will trigger a new round of POC mining tide.

For this reason, Galaxy Network has added the smart contract service. Like using smart contract can issue tokens in Ethereum, Galaxy Network realizes the function of issuing POC hard disk tokens with one click. Any organization that wants to participate in POC mining can issue hard disk tokens with the help of Galaxy Network's smart contract, and Galaxy Network provides a complete set of POC mining program services and so on. Ethereum smart contract detonated the ICO wave, where Galaxy Network smart contract will also detonate the POC hard disk tokens wave, and become the Ethereum in POC mining field.

In addition, the truth are that the problems of high energy consumption, low efficiency of POW, as well as the increasingly serious monopoly are serious. It makes Ethereum changing from POW to POS being inevitable. The miners in Ethereum are bound to find a new way out. Galaxy Network has the characteristics of low threshold, low cost and high rate of return, which will lead to the transfer of Ethereum miners to Galaxy Network miners.

#### Conclusion

Galaxy Network can be called "the top-class blockchain", which will create an ecological closed-loop. Galaxy Network of CDN + fog computing + smart contract tokens + POC mining will not only become a more decentralized storage and transmission network than commercial grade, but also establish a commercial ecology of POC mining and become the Ethereum in the field of POC mining.

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