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Topic: Welcome To BitCloud ( IPO ) - page 2. (Read 2043 times)

legendary
Activity: 980
Merit: 1000
January 16, 2014, 08:08:21 PM
#2
Another scam?  Grin
newbie
Activity: 8
Merit: 0
January 16, 2014, 07:54:47 PM
#1
Hello Everyone.

We are at the very early stages of turning the proof of bandwidth idea into a reality. Please read:

- the nontechnical white paper[1] and;
- the Bitcloud protocol white paper[2] .

We are going public with this idea because we want to be as open and transparent as possible. This project requires a massive amount of thought and development in many different parts of the protocol, so we need as many people helping as possible.

With the proof of bandwidth concept, we can create decentralized applications for sharing bandwidth and routing network traffic.

Bitcloud is a distrubuted autonomous corporation[3] ,

which means nodes have an incentive to come onto the network. One of the many problems of certain free and open source projects in the past has been the lack of a profit incentive.

With Bitcloud, nodes on a mesh network can be rewarded financially for routing traffic in a brand new mesh network. This removes the need for:

 Internet Service Providers (Comcast, Verizon, AT&T, etc.).

We can also replace many of the centralized applications on the current Internet, such as:

 YouTube, Dropbox, Facebook, Spotify, and others with decentralized, open source alternatives.

We will have to start by decentralizing the current Internet, and then we can create a new Internet to replace it. If you're interested in privacy, security, ending Internet censorship, decentralizing the Internet, and creating a new mesh network to replace the Internet, then you should join or support this project.

If you're a developer who sees the potential implications of this project, send an email to [email protected][4] .

If you're someone who wants to help the project in any other way (web design, marketing, graphics design, etc.), send an email to [email protected][5] .

We don't think it would be appropriate to take donations at this time, so please hold off on that for now.

We can also be found on...

Twitter: @bitcloudproject[6]

Reddit: /r/bitcloud[7]

Our Website : bitcloudproject.org[8] (In Development)

Freenode IRC: #bitcloud

Github Repository: github.com/wetube/bitcloud[9]

Feel free to x-post this to other subreddits if you think those individuals would be interested in helping out with this project. I'll also be glad to answer any questions that people have in this thread. I'm currently working on an FAQ, so your questions will be helpful to the project as a whole.

Non Mechanical Whitepaper - https://github.com/wetube/bitcloud/blob/master/Bitcloud%20Nontechnical%20White%20Paper.md

Bitcoin Protocol Paper - https://github.com/wetube/bitcloud/blob/master/bitcloud.org

Donations - 1LAbnozPoHLg71SwSvjFkjZ7sM9n44ZKVy
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