🔗The neutrality of the current Internet is in danger.

Have you seen ‘The Great Hack’ on Netflix? It’s a documentary about the Cambridge Analytica hacking scandal, where personal data of millions of peoples’ Facebook profiles were harvested without their consent and used for political advertising purposes.

While watching it, I couldn’t help but think how unfair it is that in today’s digital society, people are being treated like products, because there is no such thing as a ‘free’ platform without YOU being the product. What did reassure me, is that people are sick of having their data used this way. But what they might not know, is that the internet problem is bigger than ‘just’ data protection.

The Internet is growing at an exponential rate. To service this demand, a few large companies (Google, Amazon, Alibaba, Facebook, etc.) have built and continue to build supersized, power-hungry and centralized data centers. These data centers make up the majority of all Internet capacity available today. However, the Internet is expanding much faster than datacenters and the planet can cope with.

In addition to that, the Internet is extremely centralized, with most of these data centers being located in the US. Think of it like electricity. If consumers in, for example, Turkey had to use electricity generated in the US, it would be too expensive and inefficient, because it is too far away. The transmission lines would be too strained and losses and repairs would make it unsustainable. Capacity is like electricity. When centralized, it becomes too expensive and wasteful for remote users.

🔗So what is the solution to these problems?

The Internet needs to be more distributed, cost-effective, neutral, and sustainable. ThreeFold has developed such a new technology, the ThreeFold Grid (Grid) and a token which enables all this to happen.

Combining the values of the ThreeFold Foundation (freedom, equality and fairness) with the technology developed by TFTech (Zero-OS, Zero-Chain, 3Bot) and a digital currency called the ThreeFold Token (a decentralized digital currency and means of payment to exchange autonomous and decentralized Internet services) we believe that we have all the tools in order to actually make a difference in tomorrow’s digital world. Question is, are you ready to join us?

Please visit our forum if you have any questions or would like to continue the conversation!

🔗Decentralization

In 1989, the Internet changed the world as we know it with the introduction of the World Wide Web. With time the Internet empowered people to share information in a decentralized way. Shortly after, big companies like Facebook, Google, and Apple emerged, providing many solutions that revolutionized the way we live. The “sharing economy” has grown exponentially over the last 5-10 years. This is thanks to a more simplified information flow and well-developed technology, which:

• Enables a much easier integration of independent players into the sharing economy.
• Eliminates the need for extensive management and structure of marketplace operators.

We are entering a flat-structure economy. An economy where fewer managerial levels are needed for the system to function. New technologies such as blockchain and the Internet of Things facilitate this ongoing trend. Participants can now interact on a peer-to-peer basis, forming marketplaces and organizations according to pre-agreed, programmed contracts.

🔗The current Internet is centralized

Despite the growth in popularity for decentralized systems, organizations, and currencies, the Internet remains centralized. The centralization within the Internet industry brought many barriers to entry. Indeed, to compete in the highly competitive market of Internet capacity dominated by big IT companies, massive investment, and IT development are needed.

But what is really scary is that the current industry exploits the market tremendously. Data is officially the most valuable asset on earth for a few years, and about 20 companies rule over more than 80% of the cloud industry. In other words - these companies together have more than 80% of the world’s information. In recent years, we noticed the dangers that can arise with the wrong intentions within the data industry with the ‘Cambridge Analytica Scandal’, also highlighted in the movie ‘The Great Hack’.

ThreeFold has been developing technology that allows the decentralization of the Internet infrastructure - removing the need for data centers, and allowing anyone to take part in the Internet capacity market. Adding capacity to the ThreeFold Grid (TF Grid) makes you a ThreeFold Farmer (TF Farmer). The more decentralized the Internet gets, the more secure and effective it will become. The already is the largest grid of compute and storage in the world.

🔗How To Participate

The process of becoming a ThreeFold Farmer is very straightforward. Anyone can join the ThreeFold Grid by downloading the ThreeFold Zero-OS onto their nodes and connecting them to the ThreeFold Grid.

By doing this you will become an operator of a “micro data center” and with that earn ThreeFold Tokens. With or without experience in the field, anyone can become a ThreeFold Farmer. By becoming a ThreeFold Farmer, you empower a new neutral Internet that belongs to humanity - not corporations.

Blog written in 2019, updated January 2021.