Unigrid and Decentralized Blockchain-based Internet

The continuous centralization of the current Internet also causes congestion in the network, with many routes becoming almost completely obstructed during peak hours. A distributed network that globally stores data allows nodes to load balance the traffic of payloads and transmit data in many directions simultaneously.

Many cryptocurrency projects are maintained by commercial businesses that require steady funding and strict internal control of their underlying intellectual property. However, like with other infrastructure-providing digital solutions, historical data shows that open solutions are favoured for long-term sustainable adoption.

To decrease central control and increase decentralization, the Unigrid network employs decentralized sporks that allow service nodes to vote on changes and introduce modifications to the protocol of the network. All the properties of the protocol are either controlled or managed by the service nodes. Budget proposals, governance funding and service node collateral should all be controlled or managed in a decentralized fashion by the service node network and enforced by the board of The Unigrid Foundation.