What do you mean by "based on the Bitcoin protocol"? I don't quite understand that. Can you go into details on how the DVPN uses Bitcoin to become distributed.
Also, why do you store the credentials on the blockchain and have them change instead of making this network something open to the public that does not require authentication? Something like Tor?
Lastly how does this protect my privacy? Does your network route my data through three different VPNs before it reaches its destination like Tor does? It seems like the only privacy is the data is going through 1 VPN before its destination which opens up the whole thing to privacy and Man-In-The-Middle attacks. That 1 VPN could be malicious and it would know who the user is and where he is going. How do you solve this?
It looks like there is an enormous amount of potential. I have worked with industrial and building automation software most of my career and my wife is a software engineer also. I think the question is if VPNcoin can develop applications and find a market, or if the ideas or just copied for blockchain software projects by firms like IBM or Goldman Sachs ect. It might be best for developers and investors if a company just tried to take over VPNcoin Bitnet.
I have a feeling that this tech has no purpose in the western world but if it can pierce the dragon curtain..... well it could quickly surpass all other altcoins
I agree I think there are many fee based VPN providers in China. There is a lot of competition for bitcoin cash transfer service. What I see in my research so far is interest from many companies from Citi and Goldman to Nasdaq in using the blockchain as a financial settlement and transaction platform. It could also provide payroll or government services and possibly many other services. A good reference to the potential is the statements made recently by Blyth Masters and her investment in bitcoin and blockchain enterprise.
https://www.youtube.com/watch?v=PZ6WR2R1MnM
