A distributed storage using the stable cryptography

davidtosin (8)in #blockchain • 7 years ago

Introduction
Modern society can hardly imagine a life without the Internet now. Introduction of the global network in our life is growing at a record pace, more than half of the Earth’s population has an access to the Internet and number of mobile devices maintaining wireless networks has already exceeded number of people in the world.

Apart from the development of the world, common people and business preferences are changing. The annual growth rate of IP traffic is 25%, such a rapid growth is caused by almost insatiable appetites of the users and companies seeking for newer services, including high-definition video streams. The dominance of process digitalization and transfer of companies’ activities into an electronic format leads to the expansion of demand for data storage. Increase in volume of multimedia product also requires a storage space. That is why one of the most dynamically developing segments of the data storage market today is a cloud storage.

High growth rates of the world cloud services market are caused by the company’s transition from traditional models of the service consumption to the cloud services, which are simpler to use and relatively inexpensive towards traditional methods of data storage. However, during the transition to the cloud storage some people and enterprises fear the possible costs and risks in case of information loss or giving this information to others. There are a few known cases when personal information was given to a third party by the court’s decision or when the commercial secret got into the hands of the competitors.

The security question is important nowadays more than ever an information in the modern world has become the most valuable asset. Due to the system development of the distributed storage in a blockchain this problem will be resolved.

This solution will be available both simple users and businesses. Also, rent of your own computer’s storage will be a wonderful opportunity for tech fans to earn money.

Advantages of the system

Low cost storage
Over 1 TB of information in the network ArchiCoin will be at least 10 times cheaper than on services such as Amazon S3 or Microsoft Azure.

Decentralized
No centralized storage locations, encrypting all the data distributed around the world.

Selling space
The system has a low entry threshold, giving the opportunity to provide free space to receive the payment as a data storage and mining.

The ability to search files
All files will be indexed using the chain blocks and are distributed in the network ArchiCoin.

Providing access
In addition to storing data, ArchiCoin offers secure access to user information without interaction with a third party. All this is possible with smart contracts.

Storing structured data
The advantage of the system is the ability to store both unstructured and structured data.

Multifunction
In the system in addition to the usual storage there is a possibility to put the sites to open online stores, streaming sites, backend applications.

Optimization
System ArchiCoin allows you to execute queries to search, edit, store and delete at high speed. Data download will occur in parallel with different devices in order to achieve the fastest possible data access.

Investment attractiveness

Use of the product
One of the main advantages of cloud solutions in the modern economy is the ability to optimize the company’s spending and the use of power, for which the purchase the company does not have own resources.

Corporate Use
ArchiCoin offers a full range of services for the corporate block of clients and guarantees complete safety of commercial information that will avoid costs when data is hacked or stolen, a quick access to data and integration with the company's systems at a price which is 10 times lower than the market price.

ArchiCoin also makes possible a group access to the files, ensuring complete confidentiality and safety. It allows optimization of business processes connected with operating activities of the company. The application area of the distributed storage is extremely huge and has many competitive advantages. Corporate sector shows high demand for the possibility of storing large arrays, which can be quickly accessed, for integrations with the CRM systems of companies and office software packages for editing documents that will be automatically uploaded and unloaded to the system. However, in order to save resources, companies usually use the most profitable offers that the market offers without thinking about the safety of their own data and the network stability.

General users use
ArchiCoin can also be used by simple Internet users who want to have fast, stable and protected access to their personal files, to documents all over the world with confidence that their personal information cannot be given to third party, requested by the court’s decision or used for commercial purposes. Nowadays it is almost impossible to find offers, which can ensure proper protection of the personal information, integration with the systems, which are comfortable for the user, distributed storage, and confidence that no one has an access to the document except for the user.

The zero stage, closed presale, will be held from 01.12.2017 to 10.02.2018. It will put for sale 400 mln ArchiCoinICO at a discount of 75% from the price of ICO with the price of $0.0005. These funds will be used to finance product structuring.

The first stage, Pre-ICO, will be held in March 2018. It will put for sale 700 000 000 ArchiCoinICO at a discount of 50% from the price of ICO, and it will be $0.001. These funds will be used to finance advertising and marketing of the next ICO.
The second stage, ICO, will be held in April 2018. It will put for sale 17500000000 ArchiCoinICO at the price of $0.002. Collected funds will be used to finance the launch of the ArchiCoin blockchain, further distribution of ARC will occur through the mining.

The number of tokens that belong to the team is 15 times less than the market benchmark 18 200 000 000 ArchiCoinICO will be placed on the crowdsale, which after the launch will be exchanged for a similar amount of ArchiCoin and will be 10.4% from the Total Supply (10% of ICO and 0.4% of Pre-ICO). Another 0.8% reserves the team. The remaining volume of tokens will be distributed with the help of mining as a reward for supporting the system’s operability.

During a few weeks after the launch and testing of the ArchiCoin blockchain, the token will be placed in the cryptocurrency stock exchanges, the amount of which the team will increase in proportion with the volume of trades and the community requests. An instant exchange of ArchiCoin tokens for all liquid cryptocurrency (BTC, ETH) and for fiat money (USD, EUR and RUB) will be possible in the stock exchanges.

Token and ICO

For inner calculations the system introduces the ArchiCoin token, which will become the main accounting unit and means of payment for the data storage. For the support of the blockchain work computing power of miners is required. Miners will receive a reward in tokens. The general principle is analogous to the well-known methods of forming blocks and emission and it works on a PoW system. After launching, the distributed cloud storage system will function entirely through the ArchiCoin system. The payment for space of the storage, internal tariff and deposit on space for the storage will be performed only by this system. With an increase in the number of system users the value of the tokens increases as well as the development of the ecosystem. New users are forced to get tokens to pay for the data storage and it creates a real demand in the market. In addition, we are expecting a strong investment demand during the first month after the launch of the project as a result of marketing strategy and public promotion of the project.