Hivenet

Hivenet

What is HiveNet?

HiveNet is a distributed cloud computing network that connects

Computers around the world for valuable computing tasks.

Can you imagine how your computer makes money while you sleep?

HiveNet Turns Your Idle Computer Into Revenue!

At this time, the power of your computer is reliably leased to paying customers who perform their calculations (for example, research, weather forecasts, big data analysis).

abstract

In recent years, the introduction of cloud computing by companies and individuals around

the world is expanding at the fastest rate because computing power outsourcing is more flexible

and often cheaper than creating your own dedicated data center. Cloud computing today

represents the main business sector, which brings several hundred billion dollars in revenue each

in year. This trend continues, and the cloud computing industry will grow by about 16% annually

over the following years [1]. However, computing resources remain expensive, especially

due to the high costs associated with the acquisition and maintenance of equipment on the supplier side, and

as well as huge profits that are the result of monopolization of the market [2, 3]. Meanwhile all

Countless private and business computers around the world are idle for most hours of the day.

HiveNet will provide a technological solution to take advantage of these computer downtimes by creating

distributed cloud computing network. This will allow computer owners to profit from

downtime of their computers. HiveNet accomplishes this by creating an isolated environment on

Computers that let you lease computing power while providing protection against potential

threats. For cloud customers, HiveNet will be much cheaper than traditional providers,

because HiveNet will use existing unallocated resources and provide savings on the most appropriate cost factors,

for example, depreciation of investment in equipment.

Computer owners will receive a fair share of client payments, depending on the amount provided.

amount of resources. However, payments in any particular national currency would not be possible for

many reasons, for example, the huge cost of financial services providers in the transfer

money across borders. We solve these restrictions by introducing HiveCoin, which will

blockchain-based HiveNet cryptocurrency. HiveCoin will be fast, simple and

secure payment system that will be free of transaction costs. Therefore, financial interests

Clients and computer owners are conveniently aligned. In order to ensure wide distribution and

HiveCoins decentralization and to finance further development, most will be sold

the public.

HiveNet strives to ensure social decentralization of the cloud computing industry and empowerment

computer owners around the world. HiveNet will also have a positive impact on

environment because it will increase the use of accessible computers. Thus, fewer resources will be

will be used to create new computers and there will be less electronic garbage

HiveNet Benefits

Computer owners

How many hours a day do you actually use your computer?

Just imagine that your computer makes a profit for the rest of the day. HiveNet makes this possible by safely delivering valuable computing tasks from paid clients to your computer.

All you need is a computer with an internet connection.

customers

HiveNet is much cheaper than traditional cloud computing. How? Because many important cost management levers that apply to traditional providers (such as Amazon Web Services) do not apply to HiveNet, because it uses the downtime of already available computers. Thus, there is no need to invest in new computers, housing and many other operating costs.

Crypto Traders

HiveNet has its own cryptocurrency: HiveCoin. HiveCoins are used to pay for computing power in HiveNet. This ensures a constant demand for HiveCoins, which will create one of the few cryptocurrencies with real, fundamental value, which provides excellent short-term and long-term opportunities for traders.

nature

HiveNet is increasing the use of affordable computers. Thus, less resources are needed to create new computers and less electronic garbage is created.

In addition, the HiveNet blockchain uses the highly cost-effective Proof of Rate consensus mechanism, which saves resources significantly than most blockchains available.

How it works

HiveNet User Client

HiveNet user client is a universal user tool and includes computer modules, blockchain and wallet software modules. This makes it easy and convenient to work without deep technological know-how.

HiveNet Blockchain

HiveNet Blockchain Secured by High Performance

Proof of evidence matching mechanism. It is specifically optimized for HiveNet and combines high security with fast transactions.

HiveNet Task Management System (HTMS)

HTMS is the core technology of the HiveNet decentralized cloud computing network. This provides an optimal combination of client tasks, reliable verification of calculation results and fair payment for computer owners.

Road map