Internxt is a peer-to-peer cloud computing network that provides more efficient, private, and secure internet solutions through the Ethereum blockchain. Aimed at enriching public life through a technological revolution, Internxt offers a range of innovative mass-market services to disrupt various tech industries. The Internxt token (ERC-20) is used to pay for cloud services such as data storage, enabling users to sell their computer resources to those in need of hosting data through the Internxt token.

 I. Project Introduction

Internxt aims to create a new internet by building a decentralized cloud infrastructure that hosts websites, files, and applications in a safer, more private, and efficient manner.

Currently, the internet is typically organized with websites, files, and applications hosted on central servers owned by corporations and subject to government jurisdiction. However, through a decentralized cloud, files are broken into pieces, encrypted using peer-to-peer technology, and distributed across different servers. The internet will belong to the people, not corporations, and governments will have less say over individuals. Those who host these files can receive payment via Internxt (through Internxts own cryptocurrency), and neither they nor Internxt can access the files (since they are encrypted and distributed).

In terms of security, the fact that entire files are placed on a single server makes them easier targets for hackers. If files are decentralized, even if a hacker can bypass the security of one machine, they would only obtain an encrypted portion of a file. Since hackers wont know which server to target, retrieving the entire file would be very complex.

Internxt is addressing these significant technical flaws on the internet by creating a fully decentralized cloud that will first tackle currently centralized websites, applications, and files. They are also working to improve upon their competitors decentralized technologies to ensure they have the best technology among all competitors in this nascent industry. However, their primary goal is to bring this superior technology to everyday users. Thus, Internxt will focus on building a seamless user experience and competitive pricing structure so that everyone, regardless of their knowledge, can transition to this new technology.

 II. Commentary

Internxt is a peer-to-peer (P2P) cloud computing network that enables users from around the world to collaborate in creating a distributed network. The Internxt token, INXT, serves as a means of payment to hosts who contribute to our distributed X Core network by storing and sharing encrypted fragments of files for X Cloud users.

Relevant Links:

https://internxt.com/

https://medium.com/internxt