User:LecarmeL/sandbox

ThreeFold Grid

The TF Grid is a network of all distributed infrastructure capacity that is available for purchase on the ThreeFold Directory (TF Directory). The Internet is heading for a trillion dollar problem. Today the demand for Internet capacity is far outstripping the available infrastructure due to new applications like Big Data, Internet of Things (IoT) and Self Healing Technology. Existing hyper scale cloud infrastructure cannot cope with this out sized demand as the requirements for land, power and funding are just too great. We (and most other experts) believe the solution to these trillion dollar problems is migration of IT capacity to the Edge - to a “hyper-distributed” network infrastructure.

The TF Grid is a hyper-distributed Edge network - Unlike the majority of Internet infrastructure today, which are located in centralized, recourse intensive data centers. In contrast, ThreeFold Nodes are decentralized and located very close to capacity users. The TF Grid is neutral, green and secure.

The TF Grid is built using standard off the shelf hardware running the ThreeFold Zero OS operating system. The TF Grid is made up of large racks using off-the-shelf hardware components that are typically located in data centers - as well as pre-fabricated smaller / mobile boxes for hyperdistribution called ThreeFold Zero-Nodes.

ThreeFold Directory The TF Directory publishes global available capacity, services and pricing of the TF Grid and runs on top of the ThreeFold Blockchain. All IT capacity that is sold via the TF Directory must be purchased using TF Tokens. The TF Grid is already up and running with over 200 TF Farmers operating their own infrastructure and generating capacity. All available capacity on the Grid is registered via the TF Directory. All purchases are made using ThreeFold Tokens through an API. TF Farmers who produce Internet IT capacity, using their own hardware, can make this capacity available by placing it on the TF Directory. Farmers use the TF Directory to publish (market) available IT Capacity and accept TF Tokens as payment. Once a TF Farmer is registered on the TF Directory, their available capacity for sale becomes visible to users of TF Grid. All transactions are made without any human intervention - meaning they are API-driven based on smart contracts. The smart contracts specify the key information such as the IT capacity or service, duration, price per unit, location, etc. All transactions on the TF Directory are executed using TF Tokens. TF Tokens are automatically deposited in the TF Farmer’s e-Wallet with the completion on each sale.