What is HiveNet

HiveNet is a Distributed Cloud Computing Network, which connects computers all around the world to perform valuable computing tasks. ​Can you imagine your computer earning money while you sleep?

HiveNet aims to enable public decentralization of the cloud computing industry and empowerment of computer owners globally.HiveNet
Introduction

HiveNet turns your computer’s idle times into an income!

During these times your computer’s power is securely rented out to paying customers who perform their calculations (e.g. scientific research, weather forecast, big data analysis).

HiveNet will provide the technological solution to utilize these idle computer times by building up computers. This allows renting out computing power while still ensuring security against potential For cloud computing customers.

HiveNet will be much cheaper than traditional providers because HiveNet will utilize existing idle resources and thereby saves on most relevant cost drivers, Computer owners will receive a fair share from customer payments, depending on the provided amount of resources.

Information

Computing is still so expensive because any increase of capacities requires investment into At the same time, all around the clock and all around the world, there are countless idle computers.

Private computers are in most cases only used for a few hours per day, if at all.

Creating an isolated environment on the computer, which will allow renting out computing power to HiveNet isn’t only great for computer owners.

Benefits of HiveNet
Computer Owners
How many hours per day are you actually using your computer? Just imagine your computer earning you some profit during the rest of the day. HiveNet makes it possible by securely delivering valuable computing tasks of paying customers to your computer. All you need is a computer with an internet connection.
Customers
HiveNet is much cheaper than traditional cloud computing. How? Because many important cost levers that apply to traditional providers (e.g. Amazon Web Services) don’t apply for HiveNet, because it utilizes idle times of already available computers. So, there is no need to invest in new computers, housing, and many other operational costs.
Crypto Traders
HiveNet has its own inherent cryptocurrency: the HiveCoin. HiveCoins are used to pay for computing power within the HiveNet. Hereby an ongoing demand for HiveCoins is ensured and will create one of the few cryptocurrencies with a real, fundamental value, which provides excellent short- and long-term opportunities for traders.
Nature
HiveNet increases the usage of available computers. Thereby fewer resources are consumed to build new computers and less electronic garbage is created. Also, the HiveNet Blockchain is using a highly economic Proof-of-Stake consensus mechanism, which is much more resource-saving than most available blockchains.
HiveNet Work Structure
How it works
HiveNet User Client
The HiveNet User Client is the user’s all-in-one tool and includes the computing, blockchain and wallet software modules. It enables an easy and user-friendly handling without the need for profound technological know-how.
HiveNet Blockchain
The HiveNet Blockchain is secured by a highly efficient Proof-of-Stake consensus mechanism. It is specifically optimized for the HiveNet and combines high security with fast transactions.
HiveNet Task Management System (HTMS)
The HTMS is the core technology of the HiveNet’s decentralized cloud computing network. It ensures the optimal orchestration of customer tasks, the secure validation of computing results and the fair payment of computer owners.
Roadmap

 

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