Introducing Threefold: the first P2P internet

In Guest Post

Since the inception of the internet the world has truly changed.

Information is shared freely, communication has vastly improved and the entire globe is more connected than ever before. 

The internet is now controlled by a few giant centralized companies that own the majority of web servers and services. As a result, censorship isn’t just a possibility, it’s an actuality. In a similar vein, the internet has been used to manipulate and misinform.

This is where ThreeFold Network comes in, with the aim of completely changing the game.

The first global peer-to-peer internet

The ThreeFold Network was born from the realization that we need a better internet built with three core values: Equality, Freedom & Sustainability. 

The ThreeFold Network envisions an internet that connects the world, enabling freedom of speech, freedom, neutrality and prevents manipulation. Therefore, the network is open and free, costs are 90% lower than comparable centralized options. The distributed nature of the network reinforces its security and lowers its energetic consumption. 

Using game-changing technology, the ThreeFold Network creates a new internet owned by everyone.

There are three key elements that drive the threefold network:

ThreeFold Grid - a decentralized cloud provider alternative that is an entirely neutral and sustainable network of autonomous storage. More than 40,000,000 GB and 15,000 cores exist today on the ThreeFold grid. 

ThreeFold Token (TFT) - a decentralized digital currency that can be used to buy autonomous and decentralized Internet services.

3Bot - Your network digital assistant. 3Bot is autonomous, neutral and private and will manage your workload, data and capacity, hence giving you more control over your data and security. 

What are ThreeFold tokens ? 

The ThreeFold Token (TFT) is the digital currency of the ThreeFold Network. The tokens are issued through a process called “farming”. No wasteful mining takes place, all farming is usable as internet capacity. Tokens are generated when capacity is added to the ThreeFold Grid by independent “farmers”.  

TFT tokens are used to buy autonomous and decentralized internet services (compute, storage, applications) on the ThreeFold Network. Each transaction is powered autonomously which ensures the neutrality, scalability and security of transactions on the ThreeFold Network. Thus, the token is fast, green, with low electricity consumption, and economical -- only 0.01 cent network fees.

The TFT token was launched without an ICO/IEO. This ensures that each generated token is value backed by internet capacity. Therefore, each token holder owns a pro-rata share of the grid’s earnings. 

You will be able to purchase and trade TFT with the following pairs on Liquid : TFT/BTC and TFT/USDT.

Download the Liquid Pro app to receive notification as soon as TFT goes live.

 

All guest authors’ opinions are their own. Liquid does not endorse or adopt any such opinions, and we cannot guarantee any claims made in content written by guest authors.

This content is not financial advice and it is not a recommendation to buy or sell any cryptocurrency or engage in any trading or other activities. You must not rely on this content for any financial decisions. Acquiring, trading, and otherwise transacting with cryptocurrency involves significant risks. We strongly advise our readers to conduct their own independent research before engaging in any such activities.

Liquid does not guarantee or imply that any cryptocurrency or activity described in this content is available or legal in any specific reader’s location. It is the reader’s responsibility to know the applicable laws in his or her own country.

WRITTEN BY

Threefold

An Internet that empowers equality, freedom, and sustainability. An open ecosystem. Game-changing technology. Distributed in 21 countries and expanding.