Problems
Blockchain is a technology that stores and transmits information by blocks that are interconnected and extended over time and are therefore called blockchain. Each block contains information about the initialization time and is associated with the previous blocks. Blockchain designed to combat data changes. Information in the blockchain cannot be changed and is only added when there is consensus of all nodes in the system. Even if part of the blockchain system crashes, other computers and nodes will continue to work to protect the information.
Especially blockchain is capable of transmitting data without requiring intermediaries to confirm information. The blockchain system consists of multiple independent nodes that can authenticate information without the need for third parties to authenticate.
Blockchain will open a potential application trend for many areas such as banking finance, retail, freight, manufacturing, telecommunications, health, education, e-commerce ... Applying Blockchain life will bring real benefits to the community and the whole society.
The disk space storage market becomes a commodity. They act as intermediaries between those looking for data storage and providers who are willing to store data. The platforms that make up this market operate primarily by sharing files on a peer-to-peer (P2P) network, similar to Napster, the first P2P website that allows users to share music for free. You will have to encrypt the files and then they are sent to the PCs in this network. Behind that, the data will be divided into pieces. Every time you want to retrieve data, you will take all the individual pieces from different nodes in the network and decrypt it.
However, it is not easy to find a library provider large enough for highly secure and completely free data storage. But they are fortunate to have a project under construction for this. The project is: https://files.fm/library (Community powered Libery)
Project characteristics
In FFL, we will use our existing decentralized P2P file sharing technology and extend it to use its full potential. We will use the three-layer decentralized P2P architecture that will use the modified BitTorrent protocol to build network overlay, WebRTC protocol and WebSocket for data transfer.
FFL will have a P2P network that decentralizes three layers to ensure fast, reliable and efficient file exchange. P2P FFL Network will include Consumer Consumer layer, Provider server backup layer and backup server layer. All three layers will be connected by the central unit, ie the monitoring servers will be responsible for building and managing network overlays.
The consumer customer layer will include uploading files and downloading web application modules. Users will be able to add files to P2P FFL networks, view and download files via Internet browsers in the FFL website along with other FFL functions. Users of this class will primarily use the service, but they will also provide a small portion of P2P file exchange services by providing file downloads to others.
The supplier's customer floor will include client desktop applications. Users of this class will use desktop applications to invest their resources - storage and network bandwidth - in storing FFLnetwork files and providing file downloads for other network clients. Users will be rewarded with FFM token to invest resources. These users can be considered as operators of FFM token.
The backup server layer will include centralized storage servers. The host server will serve as a file backup to ensure that valuable files do not disappear.
Benefits when P2P applications and library storage areas
In a P2P network whenever a new user is connected, the amount of resources available on the network increases proportionately to the number of users.
P2P architecture applications are more cost-effective for service providers and are more scalable than client-server applications.
Properly designed P2P networks effectively use customer and geographic ISP diversity to efficiently route content from source to destination, thus reducing overall Internet traffic.
P2P architecture is considered "green" or environmentally friendly because it allows to save the total amount of energy used for necessary Internet traffic.
P2P applications also have better service quality from an end-user perspective. Not only is the content delivery rate higher, but the content quality can also be provided higher. For example, less compressed video content can be transferred.
The P2P architecture is particularly suitable for common file sharing - for files that have multiple simultaneous download requests. Because users download files from each other and in this way, the resources required for download are distributed, requests are not only sent to the server of the main system. This greatly reduces the possibility of a situation when the main server of the system stops working because there are too many requests and the service is not available to any user. It also eliminates the need for service providers to limit the number of file downloads as seen in most popular file-sharing services today.
Conditions to help the project be built successfully
They have more than 10 years of experience in developing and supporting large-scale storage systems. For some core development team members - since BBS and the 1990s
They have a working https://files.fm cloud file storage platform to build
They have desktop applications and mobile devices that can be extended to P2P networks
They have monthly users of about 1.7 million users
They want this to happen and there are some active P2P components
Information about token
Just like other projects FFM also has its own token. Their token is based on Blockchian ERC20 platform, with a total supply of 10 billion tokens. But why in the storage library domain also released token, that is because:
FFM token will allow users, employees, customers and creators to be part of the economy and the value of the platform.
Transaction tokens will have lower costs than paying with credit cards, thus allowing users to make and make small payments.
Token details
Total Token Supply: 10, 000, 000, 000
Price per Token: $ 0.01
Symbol: FFM
Type: ERC20
First Year Crowdsale:
Private sale $ 1 000 000
Presale $ 1 000 000
Public sale $ 10 000 000
Distribution details
Conclude
Everyone should join and help to build an open library system. FFM token is provided to the community for their active participation in maintaining and improving FFL. The token uses blockchain technology to ensure transparency and complete honesty of all certain transactions. In order to ensure user upload and editing quality, users will have to send a token to perform these actions. If other members of the community determine that sending and changing are acceptable and useful, users will get back the token. In addition to FFM tokens, communities are encouraged to use games and offer special titles for users who have achieved high rankings in any category.
Link to project:
- WEBSITE: https://files.fm/library/
- TELEGRAM: https://t.me/filesfm
- WHITEPAPER: https://files.fm/f/952tqfun
- ANN THREAD: https://bitcointalk.org/index.php?topic=4949343.0
- FACEBOOK: https://www.facebook.com/Filesfm/
- TWITTER: https://twitter.com/files_fm
- MEDIUM: https://medium.com/@files.fm
- REDDIT: https://www.reddit.com/r/filesfm/
- YOUTUBE: https://www.youtube.com/channel/UCz6X-6_f1kveo_TfcGuHRZA
MY BITCOINTALK USERNAME: linjinklop
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1231893