This is a decentralized peer-to-peer content delivery network that seeks to ensure operations over web infrastructure are fast, secure and efficient. Nexusless will utilize a distributed storage mechanism, meaning that information will be stored in multiple nodes connected to the network. Therefore, clients can monetize by leasing out their computer’s processing power. Additionally, this decentralized approach substantially reduces network load times and latency, making the platform more effective.
The Nexusless platform is based on a distributed file system with content addressing. To provide static addresses for evolving data and enable interaction with the Domain Name Server, the platform has containers for mutable states.
On top of the storage mechanism, the network has a blockchain layer which enables users to transact without the presence of intermediaries. Moreover, the system uses a probabilistic consensus mechanism to reward members who actively and positively contribute to the Nexusless platform. Also, arrays of payment channels are included to handle the high amounts of micro-transactions.
Undoubtedly, the demand for competent content delivery services is on the rise. Nevertheless, the current state of the industry is wanting, as there are several issues impeding the progress of this sector. These include:
- High prices – currently, the rates imposed by content delivery service providers are too high for startups and mid-level business. Furthermore, the prices are controlled by the service providers.
- Slow transactions – while most CDNs promise fast speeds, the actual performance is appalling and painfully slow.
- Bandwidth and Scalability – presently, these networks tend to be overwhelmed when they connect to the mainstream web as result, they become exposed to hardware failures as well as being prime targets for malicious attacks.
- Centralization – traditionally, CDN s are controlled from a central point. As more CDNs come to existence, this translates into several independent control centers. Thus, the entire web infrastructure will be under the stewardship of a few individuals, reducing the bargaining power of the end-user.
- Resource consumption – technological advancements may have made hardware more efficient and eco-friendly, but the electricity costs are still considerably high.
- Limits of locality – due to economic constraints, it is impractical to have local data centers. Also, nascent markets tend to get less attention due high latency within the CDNs.
The Nexusless Distributed CDN
To counter the problems as mentioned above, the proposed Nexusless CDN will have the following properties:
- Extreme proximity to end users –naturally, places with a higher demand for web services will have more connected nodes. This translates into substantially higher processing capabilities.e
- Load reduction – as the network is distributed, the possibility of the servers becoming overwhelmed is considerably reduced.
- Increased service availability – the increase in the number of active nodes translates into more processing power, making the system available throughout.
- Lower storage and retrieval costs – thanks to scalability, Nexusless will use the existing hardware. This saves money that would otherwise been used in the acquisition of new hardware.
- Incentivization potential – decentralization and blockchain technology enables each computer connected to the CDN to become an edge node, an incentive that users can make money from.