Overview

New infrastructure for computing.

Project stage

Only a whitepaper

Detailed description

Hypernet is developing a block-chain based resource scheduling protocol, a containerized execution environment, and an API based on the principle of distributed average consensus (DAC) to provide the capability for true parallel public resource computing, not just grid computing.

The Hypernet Foundation is launching the Hypernet protocol in order to make highperformance parallel computing a consumer good. Currently, only large corporations can truly benefit from massively parallel computing by exploiting their oligopoly on consolidated computing power.

However, abundant processing power from the industrial Internet and data from ubiquitous, inexpensive sensing technologies will soon make decentralized computing more powerful and less expensive than centralized models. Hypernet takes advantage of this trend through a new parallel programming model that unites the power of blockchain technology with the simplicity and robustness of distributed average consensus to enable high-performance computing on the decentralized, heterogeneous, dynamic networks of the future.

This technology will finally empower consumers to take on ambitious, novel, massively parallel projects in big data, AI, and modeling with the tools to compete against the likes of Google, Amazon, and Facebook – and win.

Problem

The current computing paradigm is centralized. Data, the life-blood of the modern economy, is generated in the real world and then forwarded to a remote data fusion center. Only after the data has been centralized can inference begin. This hub-and-spoke model is doomed to obsolescence with the proliferation of modern sensing technology.

Solution

The Hypernet protocol, the first public resource computing network capable of providing true parallel computing. Together with its applications, the Hypernet ecosystem is expected to be a decentralized platform that connects individuals and companies who need computing power with those who want to sell time on their idle networked machines.

Features

  • Selling time on personal devices dramatically slashes the cost of computing by eliminating cumbersome operating expenses
  • Mobilizing more devices cuts down on compute time
  • Hypernet eliminates the need for data centers
  • Hypernet makes it possible for massive amounts of data to be computed locally, where it is generated
  • The decentralization of data reduces the risk of a major security breach resulting from a single hack
Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : HYPERNET
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : NA
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :NA
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Without whitelist
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA

Sale schedule

Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
Public sale — Soon
Start Soon
NA No - Uncapped Uncapped
  • Team

    • Ivan Ravlich photo
      Ivan Ravlich
      Founder and CEO
    • Todd Chapman photo
      Todd Chapman
      Founder and CTO
    • Daniel Maren photo
      Daniel Maren
      Co-Founder
    • Ashley Scorpio photo
      Ashley Scorpio
      Digital Strategist
    • Christopher Hansen photo
      Christopher Hansen
      Technical Lead
    • Samy Biyadi photo
      Samy Biyadi
      Computing
    • Jake Leih photo
      Jake Leih
      Digital Marketing Strategist
    • Grant Webster photo
      Grant Webster
      Digital Strategist
    • Anastasios Angelopoulos photo
      Anastasios Angelopoulos
      Engineer
  • Advisors

    • Randall Kaplan
    • Tony Reeves
    • Joseph Urgo

Roadmap

  • H1 2018
    Scheduler
    • Issue contract
    • Seller filter
    • Allocation testing
    • Scheduler MVP
  • H1 2018
    Consensus API
    • P2P layer
    • Topology layer
    • Consensus protocol
    • API MVP
  • H2 2018
    Runtime Environment
    • Sandbox
    • Whitelisted libraries
    • Supporting functions
    • Runtime MVP

Activity