What is Deeper Network (DPR) | What is DPR token | Deeper Network (DPR) ICO
The Decentralized Internet Infrastructure for Web3.0
A more secure, private and fairer internet for everyone.
Deeper Network combines blockchain, network security, and sharing economy to create a global peer to peer network that empowers the real users of the internet and paves the way for the next generation of the web.
The Deeper Chain is a truly decentralized public chain, proposing an innovative consensus algorithm called PoC (Proof of Credit) that emulates the prestigious credit system in our daily life. PoC allows Deeper Connect devices to mine new DPR tokens by sharing their bandwidths, and it guarantees every participant shares an equal chance to earn benefits from the Deeper Network, as long as they keep contributing to the network and accumulating credits. Unlike other existing consensus protocols, our consensus algorithm gives each participant a weighted vote, preventing one class of participants from dominating over others. The more bandwidth a device shares, the more credit score will be earned by the account.
The Deeper Chain, in our mind, represents a step forward towards the creation of a freer and democratic internet. Yes, some people refer to it as the web 3.0. We know that the Internet has never been a completely open, accessible, and democratic space as it was originally envisioned to be. We are betting hard in cracking these difficult challenges and aiming to be one of the main contributors in the creation of a decentralized, democratic and fair Internet: an Internet that empowers the people, the real users.
Polkadot is a next-gen blockchain protocol that seeks to unite blockchains, enabling seamless cross-chain integration and interoperability at scale.
Rather than having one blockchain to rule them all (like how a few big corporations currently dominate the internet landscape), Polkadot is enabling blockchains all shapes and sizes to flourish by allowing any type of data to be sent between any type of blockchain, thus breaking the walled gardens of the blockchain world.
“Polkadot empowers the individual against much more powerful corporate and state actors.”
---- Dr. Gavin Wood, Co-founder of Polkadot and Chairman of Parity Technologies
Polkadot’s vision deeply resonates with that of Deeper’s: empowering individuals via decentralization of power from corporate and state actors. In a similar vein to how Polkadot seeks to liberate blockchain, Deeper seeks to liberate the internet and free netizens from the vice grips of governments and tech overlords. Deeper is creating an internet that is truly free and boundless, just as it was originally intended. Deeper’s flagship product line, the Deeper Connect, is the world’s first blockchain-powered secure gateway that enables users to securely and privately browse the internet free of censorship.
Deeper Network, bridging the gap to the future of Web 3.0
For its standout vision, Deeper was handpicked by the Parity committee over numerous applicants to take part in the Substrate Builders Program under the Infrastructure Track. The milestone partnership marks the beginning of Deeper Network’s pivotal role in the Polkadot ecosystem and opens up a new world of possibilities for Deeper Network to expand upon its own blockchain ecosystem. With this partnership in place, Deeper can focus on building the foundational infrastructural services for Web 3.0, bringing the world one step closer to the future of a truly decentralized web.
DPN (Decentralized Private Network)
Decentralized Private Network is a P2P decentralized bandwidth sharing network for bypassing censorships and ensuring privacy. The network is server-less and distributed; user data can never be logged, leaked, hacked, or subpoenaed. Each node operator is empowered to be both a client and a server; node operators earn mining rewards for contributing bandwidth to the network. Mining incentivization ensures the robustness of the network compared to traditional P2P networking models.
Decentralized Web
Deeper Network provides the foundational infrastructure services for Web 3.0 with Deeper’s decentralized DNS (dDNS) and Deeper’s decentralized CDN (dCDN). DNS is the architecture for resolving IP addresses and querying the Internet. Having a centralized DNS infrastructure makes the Internet extremely fragile, and prone to censorships and attacks. Decentralized DNS services help to make the Internet more democratic. CDN accelerates the web browsing experience by caching content in the cloud. Decentralized CDN allows faster edge access to cached content.
Decentralized Gateway and dAPP Store
Deeper’s hardware, Deeper Connect, is a decentralized gateway to Web 3.0. True decentralization means that no single entity can dominate over the entire network. Not only can Deeper Connect users securely access various decentralized network services provided by Deeper Network, but they can also seamlessly access various third-party dAPP applications, such as decentralized storage services in the Polkadot ecosystem or DeFi services. iPhone provided users with a mobile Web 2.0 gateway; Deeper Connect provides households around the world with a Web 3.0 gateway.
Decentralized Private Network - P2P Bandwidth Sharing
DPR tokens can be earned and spent via sharing or consuming bandwidth on the network.
Traditional P2P network models lack effective economic incentives, which leads to an imbalance between bandwidth usage and bandwidth consumption in practice. Compared to traditional P2P networks, DPR incentivizes users to actively contribute bandwidth to the network thus making the overall network more robust and performant for everyone.
Decentralized Cyber Security Services
Each Deeper node is a next-generation firewall (NGFW) serving to prevent network attacks via network scanning: overflow attacks, injection attacks, denial of service attacks, and so on.
DPR can be used to purchase Deeper nodes on-demand as a cloud firewall to hide their IP address and prevent various network attacks. Websites can be hosted on the Deeper Network infrastructure without needing to worry about being scanned, blocked, or attacked. DPR can also be used for AtomOS updates, threat database updates, and security subscription services. On the flip side, DPR tokens can also be earned for contributions to network security, such as discovering and reporting malicious behaviors on the network.
Decentralized Gateway Services and dAPP Store
Deeper is a platform provider for decentralized apps.
Third-party developers need to stake a certain amount of DPR tokens to have their dAPPs hosted within the Deeper ecosystem. At the same time, third-party dAPPs must be able to accept DPR as a means of payment for services.
Decentralized Web Services
Decentralized DNS help to make the Internet more democratic and prevent the open internet from being controlled or censored.
DPR can be used to purchase decentralized domain names anonymously on the Deeper chain. Domain owners will have complete ownership over it instead of leasing it through ICANN. Domain owners can also use DPR to obtain their own cryptographic keys for digital signatures, essentially eliminating the need for third-party CAs. DPR can be obtained for becoming resource providers on Deeper’s decentralized CDN network for providing faster edge access to cached content.
AtomOS
The world’s first lock-free network operating system built with speed and security in mind. AtomOS uses zero-copy technology to read data packets directly from network devices for processing resulting in a tenfold increase in data packet forwarding speeds compared to traditional operating systems such as Linux and FreeBSD. AtomOS also provides a 7-layer firewall, performing deep high-speed filtering of data packets on generous hardware requirements.
Deeper Chain
Truly decentralized public blockchain implemented via the Substrate framework. The Deeper Chain is highly secure, highly efficient, whilst low on energy consumption. Deeper Chain is comprised of two layers. The top layer consists of hundreds of validator nodes and is secured by Deeper nodes; the bottom layer is called the Deeper layer, and it consists of peer-to-peer connected Deeper nodes. Mining rewards distributed to Deeper nodes for bandwidth sharing will lead to more participation and robustness of the network. This closed-loop increases the security of the whole network; Deeper’s PoC consensus mechanism ensures the network is resistant to various common threats such as Sybil, Eclipse, and 51% attacks.
Proof of Credit
An innovative consensus mechanism that emulates the credit system in our daily life. It ensures true decentralization as every participant on the network is given an equal chance to contribute and earn rewards. PoC is similar to Proof of Stake, but a validator’s voting power depends on both staked tokens and delegated credit scores. It is whale resistant and prevents one class from dominating over another. PoC enables Deeper devices to mine DPR tokens via bandwidth sharing at extremely low computing resources. The Deeper Chain miner tops out at a slim 15 watts, which is significantly lower than traditional ASIC/GPU miners.
Trident Protocol
A decentralized, shared communications protocol based on the blockchain. It circumvents network censorship, secures data transmissions, maximizes the use of network bandwidth, and reduces delays in the data packet transmission process. This is achieved thanks to the efficient integration of network technologies such as intranet penetration, data encryption, protocol camouflage, and tunnel layer congestion control.
Deeper SoC
Deeper SoC is a chipset developed from the ground up for large-scale deployment of Deeper Connect nodes. The performance and security of Deeper Connect devices are greatly enhanced by integrating the network data processing unit as well as the security and privacy processing unit on a single SoC; the cost is also greatly reduced. Deeper Soc ushers in a new era of internet by offering households around the world with a convinient gateway into the Web 3.0 ecosystem.
Deeper Token Use Cases and Value
Token Name : DEEPER NETWORK (DPR)
Technology Base : ERC-20
Total Issued Amount : 10,000,000,000 DPR
Deeper’s vision is to create a highly secure, high performance, and a censorship-resistant decentralized communication network by combining technologies in network security, network sharing, and blockchain. The network is able to provide the following decentralized network services in tandem with the use of Deeper tokens (DPR):
1. DPN (Decentralized Private Network)
DPN is a P2P decentralized bandwidth sharing network.
DPR use case:
Users earn DPR tokens via sharing their idle bandwidth. Traditional P2P network models lack effective economic incentives, which leads to an imbalance between bandwidth usage and bandwidth consumption in practice. Compared to traditional P2P networks, DPR incentivizes users to actively contribute bandwidth to the network thus making the overall network more robust and performant for everyone.
2. Decentralized DNS Services
DNS is the architecture for resolving IP addresses and querying the Internet. Having a centralized DNS infrastructure makes the Internet extremely fragile, and prone to censorships and attacks. Decentralized DNS services help to make the Internet more democratic and prevent the open internet from being controlled by a single entity.
DPR use case:
Users can use DPR to purchase decentralized domain names anonymously on the Deeper chain, and have complete ownership over it instead of leasing it through ICANN. Users can also obtain their own cryptographic keys for digital signatures, essentially eliminating the need for third-party CAs.
3. Decentralized Cyber Security Services
Each Deeper node is a next-generation firewall (NGFW), serving to prevent network attacks via network scanning: overflow attacks, injection attacks, denial of service attacks, and so on.
DPR use case:
Users pay DPR to purchase Deeper nodes on-demand as their home firewall to hide their IP address and prevent various network attacks. Users can safely set up websites on the Deeper Network infrastructure without needing to worry about websites being scanned, blocked, or attacked.
DPR can also be used for OS updates, security database updates, and security subscription services. On the flip side, a node can earn DPR tokens if it contributes to network security, such as discovering malicious behaviors on the network.
4. Decentralized Gateway Services（dApp store）
Deeper Connect is a decentralized gateway to web3.0. True decentralization means that no single organization can dominate over the entire network. It also means that a single point of failure will affect the functioning of the entire network. Decentralized gateways, decentralized public chains, and decentralized applications. For example, Ethereum Network remains centralized at the gateway level and is overly dependent on the API interface services provided by Infura for major dApps. Infura itself relies on AWS cloud services provided by Amazon. This means that the Ethereum ecosystem cannot be uncoupled from centralized network structures and is not truly decentralized. This naturally lends itself to the pitfalls of centralized network structures. This is evident as the recent Infura downtime has led to the paralysis of most Ethereum dApps. Deeper, on the other hand, has achieved true decentralization on all levels: decentralized gateways, decentralized public chains, and decentralized applications.
Not only can Deeper Connect users securely access various decentralized network services provided by Deeper Network, but they can also seamlessly access various third-party dApp applications, such as decentralized storage services in the Polkadot ecosystem or DeFi services such as exchanges. We can take the iPhone as an analogy:
1. Deeper’s Deeper Connect hardware is akin to the iPhone hardware
2. Deeper’s built-in DPN and other applications are akin to iPhone’s built-in apps such as phone, email, etc.
3. Deeper’s dApp store is akin to the iPhone’s App Store
The difference is that iPhone provides users with a centralized Internet gateway, whereas Deeper Connect provides users with a decentralized web3.0 gateway.
DPR use case:
Third-party developers need to stake a certain amount of DPR tokens to have their dApps hosted within the Deeper ecosystem. At the same time, third-party dApps must be able to accept DPR as a means of payment for services, and Deeper takes a percentage of DPR revenue as a service fee.
Other Use Cases for DPR Tokens
Staking: Nodes can increase the speed of credit accumulation as part of the PoC consensus algorithm by staking more DPR to improve mining efficiency.
As gas for smart contracts: Deeper Chain is a Turing complete public chain that can run smart contracts. Deeper Chain provides the world’s first decentralized credit system based on the PoC consensus algorithm. Secure sharing economy, DeFi applications, or other credit-related dApp can be developed based on this credit system.
Important : Deeper Network will hold a IDO on the 22. Mar. on Flybit, IDO on the 23. Mar. on Ignition, a IDO on the 25. Mar. on Poolz, a IDO on the 26. Mar. on DuckDAO.
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How and Where to Buy Deeper Network (DPR)?
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
After the deposit is confirmed you may then purchase DPR from the Website ICO: Deeper Network will hold a IDO on the 22. Mar. on Flybit, IDO on the 23. Mar. on Ignition, a IDO on the 25. Mar. on Poolz, a IDO on the 26. Mar. on DuckDAO.
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once DPR gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
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Find more information DPR
☞ Website ☞ Whitepaper ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Message Board 2 ☞ Documentation
🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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