As promised, an update:

Prototype source code uploaded: https://github.com/pointnetwork

Demo #1: https://www.youtube.com/watch?v=5ElRI9wASVI

This is not a normal innocuous project like Cryptokitties. If the developers decide to come forward and accept the associated personal risks, they will, but otherwise, hopefully, the work will speak for itself, similar to how we don't have to have Satoshi's CV or know who they were in order to use the published protocol.

Yes, social media accounts and telegram channels are in our todo lists. We're just getting started.

Nothing, this is the beauty of decentralized systems. If all Bitcoin developers suddenly abandon the project or disappear, what would happen to your bitcoin? Would the blocks stop getting mined? Would the system stop working? Only a centralized system would.

In the situation when all Bitcoin developers suddenly abandon the project, what would the community do? It would be a no-brainer to fork the repository and host it somewhere else. Once the decentralized system is out there, developers have very little power, only insomuch that the community gives them, assessing whether their interests are aligned.

Cryptocurrency works in adversarial environments because of financial incentives. We employ the same game theory principles to ensure the collateral is enough that they continue to care about it. It will become clear from the formal protocol specification in the whitepaper.

No, just that message We wanted to take the second message space before the 'Klingon translation reserved' spammers would. Now that we did that from the main account, that one's no longer needed.

Miners in Proof-of-Work are incentivized by block rewards and transaction fees not to leave the system. Stakers in Proof-of-Stake (which we prefer) are incentivized by the same, as long as there's demand. That's how the network stays up.

The code would be Open Source. If the developers, like you say, "get tired", or get served with a cease-and-desist by governments, we implore the community to take over, fork the code and pick up from where we stopped.

Similar to any other crypto project.


Not really: https://time.com/4004192/google-data-lightning-belgium/ (from a quick search just now, there have probably been some more recent incidents)

Hopefully, they do some more redundancy now for everyone's data, but they still retain total control over it. In Point Network, your data is copied onto N storage providers throughout the world, where N = your preferred level of redundancy. The storage providers are incentivized not to lose it, because they would have lost the collateral locked up in the smart contract.

Actually, just to make it clear, we do not charge anything.

We're going to create an automated market for decentralized cloud providers (storage providers) and the customers. You could easily be a storage provider too if you want, and they'll pay you. Since storage providers would compete for the clients, the market forces of supply and demand would determine the prices, which would stay competitive.

Our operations are to be supported by sources standard to most cryptocurrencies - donations and the issuance of a utility token, certainly not by providing centralized cloud services, as it would defeat the whole purpose.

On the main topic though, I assume you're still paying for your internet access to your internet provider? If you remember, at first we also used to pay them per kilobyte, then per megabyte, and now we have fixed cost plans. We expect some big storage providers to absorb risk the same way and offer similar plans in the future. It's a free market.


Indeed. Please also remember that "If you're not paying for a product, you are the product" (c)

Boring technical details of the protocol specification.

• Unlike Google, rogue employees, hackers and government agencies will not be able to read your emails, chats, Google documents, and listen in on your Hangouts calls and archive them forever
• Unlike Google, Point Network won't delete all your stuff because the developers feel like doing so
• Unlike with Google Search, you will not get your system infected via a 0-day exploit when you're searching for a blacklisted term.

And so on... Hopefully this made you more curious and gave you some incentive to read through the rest of the paper.

A number of valid concerns. Please note we do not ask for your money in any way, at least right now, so there's no obligation on our side to dox ourselves just yet. However, I believe we will publish full disclosure very soon.

The length of the paper is an issue, thanks for the feedback on that, we're working on making it more compact.

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Thanks aleix and CjMapope! We'll do our best.

2CjMapope: yes, it's more than IPFS.

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They seem to be focused solely on IoT (internet of things). Which is fine. Other projects are focused on decentralized finance, others on decentralized exchanges, collectibles, games and so on.

Point Network is a lower-level protocol that would be able to provide a unified infrastructure for all such projects, should they wish to use it.

Think TCP/IP and HTTP, which enabled all kinds of normal websites and web 2.0 applications to exist on top of it.

Not Ethereum. Ethereum code.

Instead of reinventing the wheel, we plan to make good use of existing Ethereum code base, which supports smart contracts, has web3 tools such as truffle, known security parameters/libraries/best practices, extensive network of developers etc. And given that it's not based on the Ethereum chain, it will allow us to test and implement innovative ideas on top of that code.

Exactly what Aragon did, as they describe in the article you linked.

Glad you liked it masulum!


Thanks, can't say we were the first to come up with this specific idea though. Gotta credit Adam Back's hashcash paper for spam mitigation (http://www.hashcash.org/hashcash.pdf) and Earn.com (https://earn.com/blockchain-personalities/) for the part about public figures.

Our goal is to gather the best ideas in the space and infuse them into one solid platform.

If it was interesting to you so far, make sure to read the whole thing, decentralized end-to-end encrypted email is just one of the features.


All in due time, we're just getting started. Many more things are to be announced in the coming weeks, stay tuned!

Reserved for future announcements

Point Network



Blockchain-Powered Decentralized Internet

Point Network aspires to do for cryptocurrency space what Apple did for personal computing devices.

Tor, Bittorrent, Bitcoin, Ethereum - all these projects were stepping stones on the way to the Holy Grail — decentralized internet, also known as web 3.0. Open for everyone, censorship-resistant, permissionless, privacy-oriented internet with programmable money known as cryptocurrency as its built-in payment system.

Point Network is a proposed implementation of this vision. In addition to the set of protocols serving as its foundation, it aims to provide a harmonious ecosystem for decentralized applications (dApps) and a consistent and straight-forward User Interface experience to expedite global adoption.

Website: https://pointnetwork.io/
Litepaper: https://pointnetwork.io/docs/litepaper
Whitepaper: TBA
Source Code: https://github.com/pointnetwork
Prototype Demo #1: https://www.youtube.com/watch?v=5ElRI9wASVI
Contact Us: info@pointnetwork.io

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Hello world!

We are not yet announcing any ICO, airdrop or token sale, this thread is purely to inform the community of this new project and to keep the ball rolling.

Please let us know what you think of it, we read all your feedback and it is much appreciated.

Thanks!