Power (of the web 3.0) to the people, even if it only means having a Raspberry Pi.
December 9, 2021
-Mindaugas Savickas, Co-founder and CEO
I’ll try to keep my thoughts simple, similar to my fellow partner Patrick’s introduction to the Sukhavati Protocol.
Today I want to focus on a few things that just make sense going forward despite your stance regarding crypto, bitcoin, politics, culture, or anything else.
Let’s kick off with Web 3.0, a term famously coined by Dr. Gavin Wood. What’s so good about it? In my opinion, it is composability. To put it simply — in web 2.0, you have locked apps and ecosystems with no or limited interoperability. They act like closed silos for their benefit.
Web 3.0 changes that by allowing apps, platforms, and whole ecosystems to interconnect in a permissionless and open-source manner. Web 3.0 not only cuts out the middleman — it empowers and incentivizes the creator and user.
Tim Ferris, Naval Ravikant, and Chris Dixon recently explored this topic in-depth here.
Okay, now where does Sukhavati come in?
In short, we don’t want a cloud network that is supposed to change the internet (web 3.0!) to be controlled by the Big 3 (Amazon, Google, and Microsoft). If the whole promise of web 3.0 is decentralized governance and usage of the internet, let’s make sure the people themselves run the cloud space.
“But I am happy with my super fast AWS service that has 99.99% uptime!”
Let me tell you this: you don’t want one specific company to have a central point of control. If things go south, or if a government wants to shut down your network, you want to have a backup plan. Did I mention something about data ownership? Up till now, you have been selling massive amounts of your data by simply browsing the centralized web.
“Okay, that sounds interesting, but who are those people behind hosting the decentralized cloud network?” Well, they are miners. Not the Bitcoin miners, but ordinary folks using their storage solutions (e.g., SSDs) to mine and keep the network going. These miners have been the no. 1 priority for us since the inception of Sukhavati Labs. Why? Because they are the builders, gatekeepers, and contributors to the underlying principles for a decentralized web to exist in the first place.
“Well, but that must be super complicated and expensive to contribute?”
Hell no! What I personally love about the Sukhavati protocol is the ability to provide the lowest possible barrier of entry for all miners. Sukhavati’s mining process consumes very little energy and requires only a small amount of local disk I/O and CPU. Believe it or not, it can be mined on personal computers, home NAS servers, or even devices like Raspberry Pi. The whole process is very green and energy-efficient.
We are excited to share that the first major step in our whitepaper, the public launch of our consensus layer, is just around the corner. As I type this, some of our mining partners have already begun testing the network. Here soon, any of you reading this will be able to download Sukhavati’s open-source software and begin adding security to our network, and earning mining rewards.
We cannot wait to work with our community to bring this vision of decentralized cloud storage to the emergent Web 3.0 ecosystem.
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About Sukhavati Network
Sukhavati Network is a decentralized cloud network service that is focused on storage. The network is built on hardware-based Trusted Execution Environment (TEE) and the Substrate framework to inspire and incentivize improvements on distributed storage ecosystems.
Sukhavati creates a decentralized gateway that covers both Web 3.0 and Web 2.0 storage services. It allows unified data storage, retrieval, and management on Web 3.0 applications.
Telegram Group: https://t.me/SukhavatiNetwork
Telegram Announcement Channel: https://t.me/SukhavatiN