PKT allows anyone to monetize unused internet bandwidth
Paris, June 30, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) – PKT (https://pkt.cash/), the world’s first blockchain that pays people for their contribution to unused Internet bandwidth, has released its technological roadmap. Notable technologies include a VPN marketplace with minimum free cost, the ability to issue NFTs without gas charges, and internet access without having to pay a traditional internet service provider (ISP). Typically, Internet users pay an ISP to access the Internet, which is often expensive and sometimes has a data cap. Instead, PKT pays users PKT Cash ($ PKT) every 60 seconds to connect bandwidth to the PKT network. PKT will allow people to share their Internet with their neighbors in a privacy-friendly mesh network.
PKT is a decentralized and open source blockchain project without a company, without an investor, without a shareholder and without a coin. PKT was launched on the mainnet in August 2019 and is based on the Bitcoin protocol. As of June 2021, there were over 10,000 wallets and over 200,000 processor cores of processing power generating 25 Gbps of sustained bandwidth, with peaks above 60 Gbps.
The PKT roadmap includes its own token issuance protocol called Token Strike, which will allow anyone to create tokens and NFTs at near zero cost with no gasoline charges. TokenStrike will allow bandwidth to be tokenized and processed in micro-transactions, serving to connect underserved communities and lower the cost of Internet access.
PKT is an extension of the cjdns mesh network protocol, created by lead PKT developer Caleb James DeLisle in 2011. Cjdns grants anyone an IPv6 address without a centralized transmitter and creates an end-to-end encrypted mesh network. PKT pursues the cjdns vision by inspiring people to evolve network infrastructure.
“I am proud that we are now able to officially publish the PKT roadmap. PKT is the next evolution of the cjdns project, which I have worked on for the past ten years, ”said Caleb James DeLisle, lead developer at PKT. “While cjdns has established the protocol for building mesh networks with minimal technical knowledge, PKT adds the financial component to pay for the construction of hardware infrastructure through a decentralized bandwidth marketplace. The vision is that PKT will help bring the next billion people online through a faster, cheaper and more inclusive internet. “
PKT is currently in phase 2 of its 4-step roadmap. Phase 2 focuses on use cases including a VPN Marketplace, issuing zero-cost tokens using the Token Strike protocol, and enabling microtransactions and a bandwidth trading marketplace. decentralized using the Lightning network.
PKT focuses on decentralizing the role of the Internet Service Provider (ISP). The result is enabling millions of people around the world to monetize their Internet resources and provide the fastest and cheapest Internet access to all. PKT is an Internet built by the people, for the people.
For more information, please visit the official website of PKT and the Telegram Group.
PKT (https://pkt.cash/) is a high-speed decentralized data network that allows anyone to monetize their unused internet bandwidth. Powered by PacketCrypt, the world’s first bandwidth proof of work, people who connect to the PKT network are paid in PKT Cash ($ PKT) every 60 seconds. PKT provides an economic incentive for people to develop Internet connectivity and infrastructure with minimal technical knowledge. As the network grows, PKT drives the demand for bandwidth, which in turn lowers the cost of bandwidth, increases the speed of the PKT network, and improves internet connectivity in urban and rural areas around the world. PKT is an extension of the cjdns mesh network protocol, created by lead PKT developer Caleb James DeLisle in 2011. PKT pursues the cjdns vision by allowing anyone to share their Internet and become an Internet Service Provider (ISP).
Created by Caleb James DeLisle, cjdns (https://github.com/cjdelisle/cjdns) is an open source mesh routing protocol designed to create easily configured decentralized networks while allowing end-to-end encryption always enabled and generated from cryptographically. IPv6 addressing without requiring a centralized transmitter like a traditional ISP.