Why should You be concerned about privacy on The Internet
If you are like most people — you have probably heard of FCC’s most recent internet privacy rule demise. Thanks to FCC’s new chief, US Senate and Donald Trump — ISP’s are now able to track every aspect of your internet presence and sell it to whomever wishes to buy your private data.
No coincidence — that interest in how to protect your online privacy exploded overnight following this decision.
But let’s take broader view. When it comes to the internet, nothing is safe anymore. Once you are online, everything you do can be made available to whoever wants to access it with just a little knowledge about the intricacies of the domain. While it might sound ludicrous to some and have them frown at the paranoia spread by the enthusiasts, it is not as farfetched as it seems. The biggest scandal of all came back in 2013 when Edward Snowden, a former CIA employee, made it clear in no uncertain terms that the US government has no compunctions about delving into the private lives of citizens and privacy is merely a façade.
Privacy at Risk
In light of such incriminating evidence, internet security has become a worldwide concern. Hackers have emerged that steal all kinds of internet data that might be profitable and sell it over the black market. Personal data such as credit card details, as well as passwords of social media accounts are now a veritable source of interest to these thieves and are then sold and used for different illegal activities.
Some of the largest companies have been implicated in this act of larceny as well. These corporations collect customer data that is efficacious to them and use it to their advantage. More commonly referred to as data brokers, their work is legit although highly questionable because they pilfer through data without the express permission of concerned individuals.
Additionally, the government is passing laws that instead of providing secure online channels are allowing the exploitation our private data, with most recent FCC regulation scandal as the pinnacle. With the need for an internet connection, a user has no choice but to allow this invasion.
Virtual Private Networks (VPNs)
Following the recent FCC regulation, VPNs are skyrocketing. The more savvy individuals, and recently everyone — are choose Virtual Private Network (VPN) to maintain a modicum of control and privacy for all their internet activity. There is a variety of VPN providers, but choosing the right one is difficult because all of them are centralized, which leads to their ability to capture and secretly use your data or resources. That is possible because of one fundamental design feature — closed centralization. This basically means that all your traffic is going through their internal and closed servers which could be secretly used by collecting meaningful data from it or your computer resources could secretly be used as in this case without you knowing it as it already did happen with Hola VPN, you simply never know what happens behind closed doors.
Decentralized and Open Source VPN
Understanding the risks we decided to create a completely Decentralized and Open VPN service — without a single centralized or closed element. Everything will be Open Sourced — so no hidden code that can secretly do something you don’t want it to. Also no hidden and central servers secretly collecting your data. Due to Decentralized and Open architecture — collecting data (for example your browsing content) in a centralized fashion will simply be on orders of magnitude — more difficult.
This is not an easy task, because while achieving it — we will have to ensure privacy along with adequate payments to VPN providers (let’s call them miners). To achieve this goal we will use variety of technologies working in sync, to name a few: Peer-to-peer architecture already commonly used, Ethereum blockchain for storage of certain anonymous yet vital data publicly, and Smart Contracts for payment settlement purposes between VPN node providers and their customers.
This will be an open network, meaning that anyone will be able to join either as the VPN node provider sharing their unused network traffic and earning money, or as a customer— protecting their privacy on the Internet.
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