SendingNetwork launches testnet for bandwidth mining, redefining decentralized communications infrastructure

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Austin, Texas, March 13, 2024, Chainwire

SendingNetwork, Web3's communications infrastructure, immediately introduced the launch of a testnet for bandwidth mining. This launch will revolutionize the best way bandwidth is used world wide. SendingNetwork is devoted to constructing a sturdy, safe, community-driven community by means of the implementation of an incentivized testnet, rigorous safety measures, and a transparent roadmap in the direction of token launch.

By taking part, node suppliers can convert their bandwidth right into a beneficial asset that powers the community, incomes SendingNetwork factors within the course of. This effort lays the inspiration for a decentralized community designed not solely to advertise environment friendly use of bandwidth, but in addition to facilitate bandwidth sharing, making a safer and scalable decentralized communications infrastructure. To do.

SendingNetwork's method is characterised by the utilization of Web bandwidth and directs this underutilized useful resource to a devoted distributed layer optimized for safe and environment friendly Web3 communication. To strengthen community reliability and defend towards threats equivalent to fabricated relay workloads, SendingNetwork has applied cutting-edge safety measures and expanded its decentralized community infrastructure, thereby rising the variety of nodes. This will increase the energy of the relay.

“After we announce the Testnet for Bandwidth Mining, we aren’t simply introducing new know-how. We’re reshaping the very cloth of digital communication. Our mission is to It’s about harnessing the potential and turning it right into a driver for a decentralized, safe, community-driven community,” stated Joeyz Yu, co-founder and CEO of Sending Labs.

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SendingNetwork stands on a three-tier consumer, edge, and blockchain structure. It combines blockchain know-how, P2P, and end-to-end encryption. The consumer layer is the place knowledge is securely encrypted and saved on the machine utilizing end-to-end encryption primarily based on a double ratchet algorithm. The sting node layer facilitates info switch with out compromising privateness. They’re the core miners of the community. The first sources of edge nodes are bandwidth and storage, which helps cache encrypted messages for offline customers and set up high-speed communication channels with on-line customers. The blockchain layer acts as a registrar of consumer DID info and a coordinator of edge sources.

Present digital communication networks face issues of inefficiency and safety vulnerabilities, and have restricted privateness and consumer management. SendingNetwork addresses these challenges by introducing a decentralized platform that leverages a P2P relay community and numerous consumer modes with blockchain know-how for safe and scalable messaging. We provide revolutionary mining options that reward individuals for sharing their bandwidth primarily based on utilization, length, and demand. This method fosters energetic engagement, ensures operational transparency and safety, and prioritizes secure integration of know-how. SendingNetwork goals to determine new requirements for web and communication companies, with a give attention to decentralization and consumer empowerment.

We invite builders, customers, and supporters of digital communications innovation to affix our testnet and contribute to groundbreaking initiatives that promise to form the way forward for how we join, talk, and collaborate on-line. To do. For extra details about SendingNetwork and to affix the testnet, please go to the official SendingNetwork web site.

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Concerning the sending community

SendingNetwork is a decentralized social community that places energy again within the arms of customers and redefines communication with an revolutionary three-tier structure. SendingNetwork helps you to seamlessly obtain messages between messengers constructed on SendingNetwork, maintaining conversations fluid and boundaryless. Acquire full management and full possession of your social property with built-in decentralized identifiers (DIDs). Talk securely with associates by means of end-to-end encryption, supply unbeatable privateness, and mix chat, funds, and transactions into one unified expertise to simplify your digital life.

SendingNetwork is designed for permissionless, interoperable, and self-sovereign communication, facilitating seamless interactions between wallets and purposes, enabling safe digital conversations like by no means earlier than.

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