PKT

tsurutatdk

I don't know, but investing in low caps will definitely give us more chances to have a huge return on investment in the upcoming season. Hopefully, I made the right choice in diversifying altcoins with solid fundamentals like PKT and DUA. DePIN and RWA are the hottest trends currently.

Lexifir

I curse my stupidity for not continuing with BTC years ago. Back when I had an on site job (with free electricity - not much 5Amp circuit, but enough) I'd experimented with BTC mining. This was somewhere around 2015/6 The drive has long since been destroyed, but I never managed to keep the machine running for long, I doubt I'd have even managed to get 1 coin. Fast forward to today and that lesson has stuck with me - I'm in early in one project, but as the OP mentions the KYC is a real issue. I'm glad that I've managed to get a load of PKT by mining it myself and from exchanges that didn't need KYC at the time. The coin is now at the beginning of the boom, and I'm wondering about the future. Governments want to know everything about everyone - and they tax the live out of you the moment you make a cent and turn their backs if you make a loss (double standards) I like this idea of physically meeting people - and I'm generally anti-social :) Thanks OP!!

Lexifir

Just curious to know how many of you have heard of PKT, listed on BitMart and about 10 days ago on MEXC. Or if you have heard of it, what you would like developed on it? I've been with it for a few years and I'm up around 150% in the last 10 days as I'd been picking up what I could at the lower prices. For anyone that's interested, it's built on utility rather than just a cool name ... uses cjdns (open, censorship resistant, free decentralised communication with end to end encryption) - worth reading up on... Also, next week a bunch of videos are apparently coming out with info on how to set up a website using IPv6 which you can take a payment on directly!?!! Cutting out the middle man - There's a few tweets on X about this recently too. I figured that the ability for businesses large and small to slowly move over to this might be something that saves them a ton of cash in transaction fees in the future. Might be worth a few of you reading up on and assessing for yourselves to see if it's something you are interested in :) Enjoy 2024!!!

Lexifir

How many of you have heard of PKT (the bandwidth one not the thing called playkey) It's only listed on BitMart for an exchange (and currently sitting at 0.00846) at the moment but the Discord group seems to indicate listing with another Tier 1 exchange... I'm thinking that might mean a big price spike. Anyone else in here had any involvement with this?

Lexifir

I bought 4 million PKT (The bandwidth blockchain, not the playkey thing), I may have consumed a little beforehand. Luckily although it's been up and down, I bought in at nearly the all-time low so I'm still up by a healthy margin. I've talked to several that went in heavy-handed on something they thought was going to continue to rise and then it crashed hard.... I can almost feel your panic - hold out, you'll be fine. You've not made a loss until you sell :) (Technically)

coinfeeds-bot

tldr; Guest wifi is a new technology that allows individuals or businesses to share their internet access within their local community, facilitating expanded online access worldwide. PKT Pal has introduced a hardware and software solution that makes guest wifi safe, easy, and profitable. PKT Pal offers two guest wifi products, the Mini and the Cube. These plug & play devices can be connected to the provider's network and facilitate the sharing of online access through a hotel-style captive portal. The captive portal ensures that individuals can securely and conveniently connect to the internet without the need for a password. This captive portal requires users to provide personal information, such as an email address, for authentication. Users are familiar with the process of accessing the internet through a captive portal. Moreover, all internet traffic is routed through a virtual private network (VPN) to ensure privacy and security for both the provider and the users. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

J-96788-EU

That's why you should all have a look at PKT Cash.

HEATHENSCENT

There's one that I can think of that is at least covering most of your criteria. PKT: https://pkt.cash/

jonesmatty

There's a new prodical called [PKT](https://pkt.cash/) that allows you to share you internet. If that gets rolled out first you'll probably be alright.

HEATHENSCENT

I'd love to get many Moons eventually, but I wouldn't class myself as anyone that's well versed in crypto, I'm still kind of in the beginner/intermediate stages of crypto know-how, but I do hold some bags (SWEAT, PKT) and just recently started playing Gods Unchained, so getting into the swing of things and learning along the way! :)

HEATHENSCENT

It's been a few months since I last mined due to my custom watercooling loop getting a leak, so I haven't prioritised that unfortunately, should be getting it fixed very soon though lol. But here's a link to a mining calculator which will give you an idea on how much you can mine with your current setup: [https://calculator.pkt.watch/](https://calculator.pkt.watch/) Also here's the link to the project webpage which will give you a rundown of everything about PKT: https://pkt.cash/

HEATHENSCENT

In all honesty, it's nothing huge like ETH or BTC, it's PKT, much easier to mine (CPU mining) and still early days for it, but it's looking good so far!

figureprod

PKT cash is working on edge nets IIRC, Mysterium and Sentinel are working on VPN, Akash is working on bringing decentralized services to the masses, Sia/Skynet are working on decentralized storage and ArWeave is working on permanent storage, maybe look into some of these?

randomFrenchDeadbeat

Your edge device is the endpoint of the VPN, which is the issue. You are only protected against bad usage of this if you legally are declared as an ISP, and do whatever is required from an ISP, namely logging, identification and access for law enforcement. The whole point of PKT is to prevent that, so you cant be an ISP. Thus you bear the full legal responsibility of what is done with it. They know it very well, i found it once on the website while looking for liability. They basically say you are on your own and it is your responsibility.

HEATHENSCENT

A key and important tech that is being developed currently is a VPN (AnodeVPN), that all PKT edge device traffic is routed to, to establish the connection to the internet provided by the edge device.

randomFrenchDeadbeat

No, it is absolutely not the same. YOU, as a provider of a PKT endpoint, are legally responsible for whatever is done with it. This is not a moral point, this is a legal point. As a BTC miner, you are not responsible for whatever is done with BTCs on silkroad.

HEATHENSCENT

Been thinking about getting a cold wallet actually! Even though I've only got PKT right now and nothing on exchanges anyway, but for the convenience and security when I actually start buying in on different coins etc. Which cold wallet do you have? And if anyone else out there whose well versed in cold wallets, what do you all recommend?

figureprod

Yes, it can be worth it. But it's a risk nonetheless. * I recently saw that GPUs got cheaper. Unless you have a use for these outside of crypto, you're still relying 100% on mining to get your moneys worth without reselling it. While numerous decentralized computing projects are working on bringing GPU to the table, namely Akash and Golem, they are not supported now. Render is a centralized option to resell GPU computations, but not everyone can join. * CPUs are cheap, but can still pay out decent amounts. If you don't fully utilize it yourself, you can mine on however many threads you want. This can be done on a network like PKT which used to pay out nice amounts (for CPU mining) when I mined it some time ago. On Akash, you can rent out your CPU/RAM/DISK just like any other data center which can pay well if you get deployments. At the moment, each deployment on Akash requires about a dollar in collateral - which is given back if you or the tenant closes the deployment. On Golem, you can temporarily rent out your CPU/RAM/DISK, but there are no large-scaled projects running at the moment. Here, you don't need anything to join, though. There's also Flux, but you need to pay a lot to join the network. * Disks are cheap and can pay out great amounts. Storage networks such as Sia & Storj pay you for being online and renting out terabytes of storage. Anecdotally it's easier to get storage on Sia, and the storage you have on Sia will pay you a lot more, especially in bandwidth. But Sia requires collateral, so if you want it to be as cheap as possible, you want to go with Storj. Here, you just set up a node, put it online, and you will get paid in due time. You will get paid less, but if you get enough storage it may be worth it in the long-term keeping it online solely for that -- and otherwise, you can mine on the computer. There's also Chia, but I haven't heard anything of that in almost a year, so I'd assume that the earnings are relatively low. TLDR; you can mine or provide for different networks. Combining these means that you can have the profitability of mining, even if your node hasn't gotten as much traction in these networks. You can set your own prices in all mentioned projects except Storj & Render, and since the centralized alternatives are expensive, they tend to pay well on the decentralized alternatives as well. Bandwidth is lucrative, and so is keeping a deployment active.

randomFrenchDeadbeat

I know it is a bit of a thread highjack, but you should really take a look at what "mining PKT" means. Basically you are legally liable for anything done through that PKT output point, and people usually dont use anonymous internet access for legal use. It usually is used for scams and spams, to deposit fake review or make fake followers on social medias. It can also be used for DDoS attack. I wondered wether to do it, too. I really dont think it is worth it considering the risks.

HEATHENSCENT

I'm quite new to crypto altogether, although I've been loosely following the market since the whole Wikileaks/BTC thing that happened many years ago. Definitely some great advice there. I haven't bought anything as of yet, but have been mining PKT for a solid 6 months and definitely hodling. I've came into the market with a patient mindset and understand the market enough to know that panic selling is just a dumb thing to do. I'm in it for the longhaul, in it for the tech and in it for the profits. All good things take time, if you force it, it's probably s#!t ;)

JeremyPKT33

There are lots of place where the internet can be turned off. Mostly in war zones. Places like China and Myanmar, Venezuela too. PKT is decentralizing access to the internet.

brbinsky

BAT: proof of attention PKT: proof of internet

abagofmostlywater

Is PKT (https://pikatic.com/) a scam? Received 220k of them on polygon a few days ago. Nothing but that one website with little to no info. Thanks

PhuckCalumbo

PKT just keeps going down, Town Star (TOWN) too

xadiant

Disclaimer: I either do not or barely own any of these currencies but still follow. Algorand, Banano, PKT, Atom.

TNGSystems

###State of the MOONion #1 - SUBREDDIT HAPPENINGS A few days ago we passed 4.7m subscribers and we are well on our way to 5m! There are some whisperings of more giveaways and games for when we reach that milestone, so keep your eyes peeled! Have you noticed how high the karma ratio has been the past three distributions? Some of the moderators who deal with general moderation have started to actively curate the comments with a view of discouraging the plethora of trite comments, in favour of allowing comments that actively contribute to the discussion to rise to the top. The most noticeable effect of this has been a significant climb in the karma:moons ratio (from 0.2, to 0.3 and now over 0.4!), but we hope it's also had an effect of generating more genuine discussion, and hopefully disincentivizing accounts who comment purely on the title and don't actually read any content. We had yet another talk with the Reddit RCP Admins on various subjects, and a full update will be posted once the Admins clear their communications and type up a response to us. You'll be able to find this in the Meta sub and we expect it within the next two weeks. There's going to be a continued push to drive people towards the Meta sub to discuss anything to do with this sub, moons governance or the moderation. [You will occasionally see this post stickied](https://www.reddit.com/r/CryptoCurrency/comments/ss9gij/do_you_know_of_cryptocurrencymeta/). Don't forget that a big part of Moons distributions are governance rights so don't forget to vote and if you have a good idea, please put it forward! #2 - COMMUNITY INTERACTION [- Breach AMA with Eyhab Aejaz, Co-Founder & CEO of Breach Insurance, an Insurtech focused on delivering insurance solutions for crypto investors](https://www.reddit.com/r/CryptoCurrency/comments/tno2lb/ama_im_eyhab_aejaz_cofounder_ceo_of_breach/) - Monthly NFT roundup w/ Aavegotchi co-founder Jesse Johnson and Exodus Wallet Joseph [ - Gnosis AMA w/ Gnosis Chain: An Ethereum forerunner-companion that addresses scaling issues through solid engineering](https://www.reddit.com/r/CryptoCurrency/comments/tq1nyl/gnosisama/) [- Coinsmart AMA w/ Jennifer Morin Compliance Officer at CoinSmart, a crypto trading platform in Toronto](https://www.reddit.com/r/CryptoCurrency/comments/tt3nqb/im_jennifer_morin_compliance_officer_at_coinsmart/) [- PKT AMA the only layer 1 protocol blockchain that is powered by bandwidth with Caleb James DeLisle](https://www.reddit.com/r/CryptoCurrency/comments/tyhlu1/pkt_is_the_only_layer_1_protocol_blockchain_that/) [- Hedera AMA w/ Hedera \($HBAR\) project — an open source public cryptocurrency network with Solidity-based smart contracts](https://www.reddit.com/r/CryptoCurrency/comments/u1aen0/were_the_hedera_hbar_project_an_open_source/) [- Kevin O'Leary reddit talk Part 2](https://www.reddit.com/r/CryptoCurrency/comments/u1djz0/kevin_o_leary_is_back_on_rcryptocurrency/) [- ZkSync AMA w/ Matter Labs, the team behind Ethereum scaling protocol zkSync](https://www.reddit.com/r/CryptoCurrency/comments/u1dyqj/ama_with_matter_labs_the_team_behind_zksync_a_zk/) #3 - MANIPULATION Another reason the karma ratio has been so high would be continued efforts from the Moderators that deal with manipulation - we've had to deal with a continued assault from a ring of accounts, and clearing them up is serious business. These account rings do nothing but take moons away from regular users, without ever contributing anything of value in return. **If you spot users leaving comments on your old posts, like 2-3 days old or more, and they are getting upvoted, please report as suspicious to us in modmail. All of these reports are looked at and actioned where appropriate. Thank you!** Some of you may have noticed replies from Tin accounts making responses that seem quite vague and only tangentially related to whatever you commented or posted. Again, these are non-genuine efforts and I ask that you please report them. We've had loads of reports so far and they are infinitely helpful. We do look in to every one and appreciate them. #4 - THE HIGHLIGHT This is by no means an official badge of endorsement, but every month we will pick what we feel like is a well-written and informative post and plop it here for some extra attention. u/11011100 [Helped people figure out what you should look for in Crypto fine-print, and used it to debunk Coinbase's new premium service](https://www.reddit.com/r/CryptoCurrency/comments/tywi29/coinbase_one_user_agreement_deep_dive_its_really/), I think this is a very valuable post because it teaches people how to actually "DYOR" and to generally be inquisitive and employ critical thinking skills. Good job 11011100! For your excellent post, 1,000 moons will shortly reach your Reddit Vault! ##Thank you all for reading, thank you for participating, thank you for all the helpful reports and fun, and we'll see you again next distribution!

trrrring

Hi friends of PKT, could you explain how it works if bandwith is powering the blockchain? I would like to understand more about PKT.

thomasjp0x42

The original cjdns whitepaper from 10 years ago is worth a read: https://github.com/cjdelisle/cjdns/blob/master/doc/Whitepaper.md CJDNS is solid tech, well designed and has been functional for years. The missing piece was a way to do decentralized, fast micropayments to facilitate a bandwidth market, which is why it took until after the Bitcoin Lightning Network was developed, in order for a project like PKT to become feasible (PKT Lightning Network and the VPN apps are two of the next major roadmap items, and are open for alpha testing already). Hop on IRC if you have any questions, EFnet #cjdns or the #cjdns channel on https://pkt.chat (it's bridged to the irc channels, matrix, etc).

conephysine

There is something unique about PKT though

thomasjp0x42

Using normal ISP connections will be the bootstrap for this. Later, the PKT bandwidth market will provide incentives for people to look for ways to connect directly to each other with cheaper links. In time, major ISP's may join the party and also support CJDNS, once they see the value proposition it would bring to them -- cheaper routing (CJDNS can route packets without a single memory lookup), less investment in overprovisioning networks to mitigate DDoS attacks, etc. Even if the ISP's don't jump on board, PKT will incentivize folks to set up more efficient links, point directional antennas at each other, possibly even lay new fiber or, yes, launch some CubeSats, for which purchase and launch costs have been getting cheaper. Maybe Starlink and its competitors would also jump on board. The existing Internet infrastructure can still be used, and there will always be links from the CJDNS network to the regular Internet as well, so companies would not need to build in any support for their sites to still be reachable via the CJDNS / PKT entry points. Even so, many big companies have shown interest already. For example, here is a recent job posting from NVidia that mentions CJDNS: https://www.linkedin.com/jobs/view/senior-security-research-architect-confidential-computing-at-nvidia-2805976895/ Maybe some entrepreneurial folks will make deals with telecoms to put up their own 5G towers, saving the telecoms some of those costs while also deploying a CJDNS node along with it -- along those same lines, each Helium node could also be a great place for a CJDNS node. Maybe some folks will make long range wifi antennas out of repurposed DirecTV dishes. A packet was sent 125 miles across the desert at Defcon in 2005 using an 8 foot dish and a normal wifi dongle with no other amplification. Maybe people will put up 802.22 WRAN towers, with which a single access point could cover hundreds of square miles. There're plenty of creative ways to do all this, and PKT lowers the barrier for entry to do so. There's already one turnkey edge device available -- the pkt cube from pktpal.com -- which will make all such features available plug-and-play later on the roadmap as they become available; it's not just for mining, and people will be able to get paid for the additional non-mining activities too. Pktpal are also developing antenna kits for local wifi sharing, and also longer range directional links to peer directly with other cjdns nodes. The cube's OS is closed source, but all of the PKT roadmap features will also be available open source, so anyone with the skills can set up their own equipment or build and sell their own edge devices.

Breaking_Crypt

What makes PKT different than other VPN providers like mysterium and dVPN?

JeremyPKT33

Helium is for IoT and is not a layer-1 blockchain. PKT is the only-layer 1 related to bandwidth, with the goal of getting the next 1 billion people online. Not just smart scooters.

pktpal

PKT is fully open-source and can be downloaded for free on GitHub and used on any spare computer. PKT Pal has created a plug&play device, but it’s not required to participate.

pktpal

Helium is for IoT and is not a layer-1 blockchain. PKT is the only-layer 1 related to bandwidth, with the goal of getting the next 1 billion people online. Not just smart scooters.

cjdelisle

This is more a question for cjdns than PKT. The way cjdns works is if you have a connection to a cjdns node, and they have a connection to another cjdns node, you (A) can reach C through B. A cjdns node can also run a VPN exit on it, allowing you to reach the internet, through C, through B... This works but there's still a lot of setup to do and it's not yet connected to PKT. Like I said in another post, cjdns is PKT's future. PacketCrypt is PKT's past. If you care only about accomplishments, look at PacketCrypt.

cjdelisle

Ideally we don't. This whole meme that software need to be constantly improved is kind of bunk. Software developers are the first to say "if it ain't broke, you're not trying". The choice of bitcoin protocol was an intentionally conservative choice because we want to have our bugs in the networking code, not the payment code. As far as who updates the software, it's typically me, but as a project we don't do hard forks unless there is a pressing need, and we would NEVER do a hard fork which "changes the deal" of what PKT is.

cjdelisle

When I think about PKT being worth almost a trillion dollars, I'm more thinking about out of control inflation than fabulous wealth. For me, this is why money AND internet infrastructure need to be placed out of reach of banks, governments, and monopolistic telecoms.

cjdelisle

These are some really good questions, and questions which I think about a lot. There is no *technical* limitation, but the NS is strongly committed to using the coins in transparent ways which clearly provide benefit the community and the general public. That's why it does open calls for proposals to select who should be funded. If by the NS impeachment process, a new one should come to power which used the coins fraudulently, I suppose the whole idea of the NS would be undermined. The PKT project doesn't have a lot of weaknesses (e.g. central token issuer) but as you say, the NS is definitely one of them. If in the future the community is able to establish a robust democratic platform which is clearly acting in the public benefit, then we might envision the NS delegating it's role to that platform by simply running a long term project to fund it.

megaman0007

How important is PKT being a Layer-1 coin versus a Token built on another big blockchain?

cjdelisle

Bitcoin protocol based blockchain using PacketCrypt - the world's first bandwidth-hard Proof of Work. That's what exists today. What we're building is an internet where the administrative and technical aspects of running an ISP are decoupled from the management of the physical infrastructure - so that ordinary people and own and operate their own pieces of internet infrastructure with minimal technical knowledge. What is PKT depends on whether you prefer to look forward or back. If you want to see what is accomplished today, look at PacketCrypt. If you want to know what we believe, look at the roadmap.

detvarasombare

Where do you think the PKT Network will first gain a foothold?

bobzwik

I heard PKT is going to release a VPN service. How will that work?

AnnaMarvin

Can you ELI5 to me what is PKT and what is unique about it?

Set1Less

What is the current stage of PKT? Can I access the internet through this network without having any ISP?

randomFrenchDeadbeat

What is the legal responsibility that comes with provinding bandwitdth to PKT ?

tomas3407

PKT is listed on a Bittrex Global, BitMart what other exchanges are on the roadmap?

JeremyPKT33

Now that PKT is listed on a Bittrex Global, BitMart and wPKT on PancakeSwap, where do you suggest is the best place to buy the coin?? Any other future listing plans?

henryfong

Why is PKT more decentralized than other bandwidth based projects? And what are the advantages of Proof of Work for PKT?

AutoModerator

Post is by: InterloperRa and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/tiahj7/a_model_for_a_decentralized_peertopeer_web3/ **A model for a decentralized peer-to-peer web3 crypto-economy.** A monument not to our greatness but to our existence Abstract: A purely peer-to-peer ecosystem of a decentralized web3 economy would allow commerce to flow without going through financial institutions or trusted intermediaries that have come to dominate the internet and extract value by facilitating transactions. Cryptocurrencies and Layer-1 Blockchains provide part of the solution, but the main benefits are lost if trusted third parties like centralized webhosting services, marketplaces, social media and centralized exchanges are required to function in the web3 economy. The lack of a decentralized digital identity and absence of sovereign state participation in the ecosystem further exacerbates the problems in creation of a peer-to-peer economy. We propose a model for a decentralized peer-to-peer circular economy that relies on system where cryptocurrency can be earned from commerce or spare bandwidth, storage and computational resources as well as spent in the same ecosystem ultimately transcending into an information society. As a part of the model, we also propose a system of establishing social trust utilizing verified credentials. The protocol is neutral to anonymity but allows willing counterparties to choose the minimum information acceptable for commerce. **1.** **Introduction** Commerce on the Internet has come to rely almost exclusively on financial institutions and corporations serving as trusted third parties to process electronic payments, host data, websites, marketplace listings and facilitate communication. While the system worked well enough, it has started to show its drawbacks which include disintermediation of users, censorship, collection of personally identifiable information and arbitrary commission rates. Some sectors of the internet economy such as advertising and social media have been monopolized at the detriment of users. Ensuring permanence of data is not possible since institutions and corporations cannot completely avoid regulations and security risks and represent a single point of failure. The use of centralized platforms for commerce which often provide paid premium features and advertising have increased the cost of doing business and this cost has been passed onto the consumers. These additional costs can be avoided by self-hosting data and websites, but no mechanism exists to facilitate commerce on the internet without a trusted party or expensive hardware or technical know-how. The original bitcoin code had a marketplace component to it which was deprecated due to unknown reasons by Satoshi Nakamoto. Today’s largest centralized internet Corporations undermine privacy and collect user data which they sell in exchange for the free services they provide. The platforms also control who can access the data through their restrictive policies. These corporations sometimes hold more wealth than sovereign states and exert considerable influence over public opinion and public policy despite having no system of checks and balances in place. Various corporations today due their size, user adoption and accumulation of wealth and data have created a parallel unaccounted digital economic ecosystem based on rules decided arbitrarily. The current state of Bitcoin and crypto-technology ecosystem usually involves a high cost of entry. For instance, one must provide identity verification to centralized exchanges, conduct multiple asset transfers and incur fees along the way. The current state of Layer-1 Blockchains like Ethereum is no better. It involves the same pitfalls as accessing Bitcoin and involves installing browser extensions to interact with smart contracts & decentralized applications which involves hefty fees and complexity. Various Layer-2 solutions have been proposed for blockchains, but they usually involve bridging assets to the layer-2 solutions powered by their own tokens and add even more complexity in participating in the crypto-economy. Another pitfall of these web3 wallets and applications is that they rely on centralized companies that sell API access to nodes. This paper offers no opinion on the speculative value and decentralized finance aspects of the crypto-ecosystem. Some argue that the most important part of the Bitcoin experiment is the underlying blockchain technology as a tool of distributed consensus but we propose that open source nature of code running distributed systems and associated smart contracts & Dapps is arguably the most important aspect of the crypto-ecosystem. The implications of this open-source nature of software development as opposed to walled-gardens are far reaching as any blockchain or smart contract can essentially be utilized on other chains which have a superior network effect or user adoption. In our model of a web3 economy we propose two components, one is SATOSHI Protocol which represents computational resources, and the other is NAKAMOTO Protocol which represents decentralized identity, marketplaces and physical assets. **2.** **SATOSHI Protocol** A Satoshi is colloquially understood as the smallest unit of a Bitcoin. In this model, a SATOSHI may represent in whole or as part an app, a smart contract, a website. The basic components of a SATOSHI are Satellite, Autonomy/Alive/Artificial, Transfer, Operation, Storage, Hashing and Interface. Blockchains and cryptocurrencies that fit into these definitions already exist isolated within their ecosystems. We do not offer any opinion on the price or or economics of these cryptocurrencies but only the utility of their protocols. a. Satellite (Proof of Coverage/bandwidth): This refers to the ability to send and receive information over the internet. TCP/IP is the most widely adopted protocol today which empowers the Clearnet as well as the deep web. Invisible Internet Project, TOR, Freenet offer alternatives. Blockchains that utilize spare bandwidth to enable mesh networking such as Helium & PKT Cash already exist. The other aspect of this component is the ability to encrypt information & transactions when required. Monero & Zcash are market leaders privacy focused blockchains. b. Autonomous/Alive/Artificial (Smart Contracts & Dapps & IOT devices/Proof of humanity): Smart Contracts that exist on the blockchain can be considered Autonomous. In the absence of sovereign validated DIDs, notaries and law firms and other reputable organizations may issue verified credentials. Proof of humanity seeks to achieve UBI and on the extreme end of the spectrum is using biometrics being used as proposed by worldcoin. c. Transfer (Proof of Transfer, Bridges, Cross-chain Blockchains): Stacks Blockchain / Chainlink/ BSC & AVAX bridges. These can be used to bridge assets from other blockchains as well as provide security to other blockchains via proof of transfer. d. Operation (Proof of computation / Useful Proof-of-work): Folding@Home e. Storage (Proof of Storage/Proof of Space): Arweave / Filecoin / Chia f. Hashing (SHA-256/Scrypt/RandomX): Ability to encrypt & decrypt information and contribute computation resources to secure network. g. Interface (Decentralized Social/Steem/Games/Dapps): **3.** **Nakamoto Protocol:** a. Nationality/Network: Stateless / Refugee / Citizen of a Sovereign b. Association: Member of Political Party / Bar Council / Other reputable Associations c. Knowledge: Doctor / Lawyer / Accountant / Driving License/ Degrees d. Assets: Land, devices, physical goods, metals, digital assets etc. e. Marketplace: Openbazaar f. Organization: Employer organization or other reputable organization g. Taxation: Smart Contracts that enable taxation by sovereign states. h. Operation: Personal websites/marketplaces/permissioned blockchains. **4.** **The Challenge & Scarcity versus abundance:** Apart from the humongous technical challenges of scalability, protecting privacy and developing this protocol sovereign participation is essential as trusted providers of verified credentials. We propose that a small percentage of tokens/cryptocurrency of the ecosystem be provided to sovereign states that sign a charter or to the United Nations for custody on behalf of Sovereign Nations. Sovereign States can distribute this currency to local governments and organizations that can provide verification. For instance, a decentralized version of Uber would at the very least require verification of driving license credentials, a food delivery platform may require health authority licenses, land ownership can be verified by registrars, public universities may authenticate degrees. Users that do not have these credentials may still operate in this economy and compete if they provide a valuable service at lower prices. We also propose that this ecosystem be an economy of abundance as opposed to an artificial scarcity. This may represent some challenges in providing incentives in securing the blockchain itself and further technical discussion is required. We propose a supply cap equivalent to the Mass of the Earth i.e. 6.0 × 1024 kg or 6,600,000,000,000,000,000,000 (6.6 sextillion) Metric Tons. **5.** **Conclusion** TBD! Or already decided? The Last Question by Isaac Asimov [https://www.physics.princeton.edu/ph115/LQ.pdf](https://www.physics.princeton.edu/ph115/LQ.pdf) References: 1. Bitcoin: A Peer-to-Peer Electronic Cash System [https://bitcoin.org/bitcoin.pdf](https://bitcoin.org/bitcoin.pdf) 2. Hard Problems in Cryptocurrency: Five Years Later: [https://vitalik.ca/general/2019/11/22/progress.html](https://vitalik.ca/general/2019/11/22/progress.html) 3. tbDEX: A Liquidity Protocol v0.1 [https://tbdex.io/whitepaper.pdf](https://tbdex.io/whitepaper.pdf) 4. Helium A Decentralized Wireless Network [http://whitepaper.helium.com/](http://whitepaper.helium.com/) 5.

Dull_Dog_8126

There are a few things wrong with this post. The first is that it conflates two separate issues--wasted bandwidth and the high cost of internet access. The second is that it presents a solution to the high cost of internet access that is based on decentralization and blockchain technology, without providing any detail about how this would work. Finally, it promotes a specific project, PKT, without providing any detail about how this project is different from other projects in this area.

Serizziyv

Isn't PKT one of the Polkadot ecosystem tokens like UDO from the Unido enterprise platform?

PsychologicalSong661

Wow... This is amazing... Used to think that web3 is the future of the internet which made me to focus on projects like DOT, DEIP, OCEAN, FIL....etc. will DMOR on PKT.

Emoracchiod

I don't know of PKT, but some investment DAO like cross chain capital allow investors to earn passive income, even without having to stake or farm LPs. No risk of rugpull or unsafe pool

JimmyTZ

Check out PKT Cash.

nzubemush

We're beginning to see more of these kind of projects. I think it's a good direction especially for site owners. Brave changed my browsing game, can hardly use any other browser comfortably. GTH is another one that makes use of cloud computing to generate revenue for sites while effectively eliminating the need for unnecessary ads. PKT sounds worthy of research in that regards also.

Odysseus_Lannister

Hmm a PKT cash shill. Never heard of it.

thekhanagain

tldr; A gentle shill, PKT Cash flavoured

Wonzky

TL;DR: PKT shill

Chet_kranderpentine

PKT - poopy kock token?

norman_ked

I know what you mean. I missed Avalanch too. I just found out about PKT. I just made a bunch of money on it.

Trilobyte777

[ANN Mine PKT with your hardware.](https://youtu.be/JM-kjDxffIU)

Ok-Goat-2746

've been buying and finding more ways to survive this dip using passive income. In what you ask me? Well for example I'm using my PKT Cube to earn crypto from any left over bandwidth plus using a Helium miner with a massive antenna on top of my house. Also I'm farming and using Drip to bring in extra money every day. That extra money coming in goes straight into high and low cap crypto gems! Congratulations everyone on surviving this little dip.

Ok-Goat-2746

I've been buying and finding more ways to survive this dip using passive income. In what you ask me? Well for example I'm using my PKT Cube to earn crypto from any left over bandwidth plus using a Helium miner with a massive antenna on top of my house. Also I'm farming and using Drip to bring in extra money every day. That extra money coming in goes straight into high and low cap crypto gems! Congratulations everyone on surviving this little dippie!

Ok-Goat-2746

I've been buying and finding more ways to survive this dip using passive income. In what you ask me? Well for example I'm using my PKT Cube to earn crypto from any left over bandwidth plus using a Helium miner with a massive antenna on top of my house. Also I'm farming and using Drip to bring in extra money every day. That extra money coming in goes straight into high and low cap crypto gems! Congratulations everyone!

IotaNine

I can think of a bunch that have real world use Helium Planets MapMetrics Deeper Presearch MXC Mysterium BlockCreate AMP PKT

coinfeeds-bot

tldr; Launched in 2020, the PKT Network is a blockchain project looking to decentralize the internet. It aims to bring free and equal access for all by developing local ISP networks where large corporations currently under-served people. PKT Cash is an entirely decentralized and open-source project, with no corporation, investors, or pre-mined coins. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The PKT Network aims to decentralize the internet by developing local ISP networks where large corporations currently under-serve people. PKT Cash is an entirely decentralized and open-source project, with no corporation, investors or pre-mined coins. The network’s speed is 10x faster than the Bitcoin network, but with near-zero fees. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Beejsbj

> I am renting several 24 core/48 thread servers, which makes around 450 PKT per day each. I'm a relative noob but Would you mind explaining this in more detail? It sounds interesting.

d38

Orion Protocol and I'm also mining PKT, which is listing on Bittrex later this month.

JeremyPKT33

You're definitely thinking of another project. There is a project called Playkey which is pretty much a dead project. PKT is a real project with real tech which launched in 2019. I suggest you check out the pkt website and educate yourself before calling something a scam. [https://pkt.cash](https://pkt.cash)

ToborWar57

What a joke, don't fall for this garbage. I just read a post about some PKT scam from a couple years ago where if you ask for proof of buy back, they blocked you. Scammers are multiplying significantly because this country doesn't protect it's consumers. Kwest GPU scam is a good example, millions of dollars stolen and no GPUs delivered, yet this degenerate is still walking the streets. Parker Lee should be shot or in prison but no ... white collar crime in this country seems to be accepted. Remember: if it sounds to good to be true ..... you've been warned.

JeremyPKT33

that is true for BTC or ETH miners. PKT uses CPU and Bandwidth to computer its algorithm, Packetcrypt. You can mine using a laptop or you can rent a server in a data center and mine there. Or if you are not tech savvy you can look up [www.pktpal.com](https://www.pktpal.com) and they sell a device that is a plug and play white glove introduction to PKT mining. The device uses the same amount of electricity as your laptop

coinfeeds-bot

tldr; The PKT Network is the world’s first layer 1 blockchain that pays anyone for connecting their bandwidth to the network. PKT is designed to enable people who have internet access to become an infrastructure provider and monetize their connection. Decentralized bandwidth trading will begin in 2022 and give people around the world access to participate in the annual $2 trillion dollar bandwidth market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Ur_mothers_keeper

Sure, there was hyperboria mesh I believe it was called, there's PKT and CJDNS, both maintained by the same guy, I believe the projects are all on github

Baconlawlz

The only thing I found was PKT. Is this what you're referring to? Unfortunately I can't get a T1 because this is in the owner's name and Verizon is a really fucking annoying monopoly here. Also, in exchange for not giving them hassle about getting my own line, they let me use their connection. So yeah, no T1 for me. That sounds amazing though.

Sublime306

Why do I want PKT cash payouts? It's not PKT(Playkey) coin, where is the value? Also most info on this project is 5 days old and a few articles that are the copy and paste of this. Not for me.

Gooeyhen

Ok, I'm intrigued. Can someone please provide more detail on their experience with PKT while I DMOR?

froste_ambivi

Okay, this has piqued my interest but I'm not sure I'm entirely understanding. Will do my own research, for sure, but if someone could explain in layman's terms what PKT is/does/used for, I'd appreciate it.

RecognitionOk9321

Desperation got me in. I want to have another baby, buy a house. Crypto is the only thing that has the upside to make it happen. Never been an investor before, but cannot ever imagine investing in stocks or gold. I can get loans without a credit score and I have doubled my money in 8 months. Next is mining PKT with AKT & learning how to do flash loans. I tried to take all my stay at home mom friends with me but they think it’s a scam. Thankfully got my husband on board though and now we try to race to our cash out point. I hope I make it.

RecognitionOk9321

Just wanted to pop on and give you and idea. Maybe in your situation it would be better to rent virtual computer space to mine— like you could mine PKT with AKT. And then scale. YouTube video for tutorials. Good luck! 😊

JeremyPKT33

$wPKT & $PKT because PKT is a new blockchain powered by PacketCrypt, the world’s first bandwidth-hard proof of work (PoW). PKT cloned Bitcoin code and then replaced the PoW with PacketCrypt, which requires bandwidth and encryption, not the high energy computation of Bitcoin and Ethereum PoWs. The PKT Network pays people in PKT Cash every 60 seconds to connect bandwidth and hardware to maintain and scale the network. This community participation aims to keep the network infrastructure decentralized. The purpose of the PKT project is to build a global decentralized ISP powered by the people who are incentivized to connect to the network. This infrastructure powered by the people will also enable people to get onto the internet without paying a traditional ISP. This is accomplished via mesh networking using cjdns and PKT Network. PKT Cash is a community coin: there is no company, no CEO and no VC investment. At the core of PKT is the technology called cjdns which PKT lead dev Caleb James DeLisle launched in 2011. Cjdns enables people who have the internet to be a gateway to the internet for people to get access to the internet without paying a centralized ISP (you can connect P2P through other cjdns gateway nodes). (Part of) PHASE 1 of PKT is people monetizing their internet connections (happening now through mining). (Part of) PHASE 2 is gateways being able to provide local internet access to their neighbors via localized mesh networks (worldwide) using cjdns technology. PKT also has a Network Steward, which is a wallet addresses elected by POS vote, where 20% of each mined block is paid, and 100% of the funds are granted to the community every 90 days to build open source technology for the network, or else the coins are burned. Over 10% of the mined coin supply has been burned to date.

JeremyPKT33

Helium is not powering a network for people to get on the internet. They are powering a network that supports things like doorbells, scooter, things that run on a bluetooth network. PKT is running a network that helps people get on the internet.

JeremyPKT33

Very Legit. They just listed a Wrapped version of PKT on PancakeSwap while the CEX is doing technical integration. Check out their roadmap [https://pkt.cash/roadmap](https://pkt.cash/roadmap) Also their whitepaper is legit - https://pkt.cash/PKT\_Network\_v1.0\_2021.02.01.pdf

JeremyPKT33

There are a few reasons this is different. Helium is a token and a low hi network for IoT, e.g. for your washing machine, your fridge, your doorbell etc. PKT is a mined coin and a high powered network moving significant amounts of data around the world, and capable of deploying high speed VPN and eventually enabling local mesh networking via CJDNS providing internet access to people instead of using their local ISP.

JeremyPKT33

PKT technology is designed to get people onto the internet for free, without requiring a centralized ISP. Instead of paying for access, people will pay for how fast they want their connection to be. While the internet itself is free to use, access to the internet is not. PKT enables people to monetize their home or office internet and the resulting network scales to become an alternative access point to the internet. If you believe that internet access should be a human right, then PKT is the most important layer 1 protocol.

Easy_Biscotti

Nice one OP, some alt coins may skyrocket, but sticking with solid things like BTC and ETH is the way to go. Tokens like MATIC, ADA, RIN and PKT are good to go now, cheap and scalable.

JeremyPKT33

Also a great choice. I had a good amount of Tezos but sold and been kicking myself every since. haha I personally am holding Zil and Vet and PKT to the moon

JeremyPKT33

you should go to [http://pkt.cash](http://pkt.cash) and check their project out. PKT is aimed at providing low-cost Internet access without requiring an ISP.

JeremyPKT33

you should go to [http://pkt.cash](http://pkt.cash) and check their project out. PKT is aimed at providing low-cost Internet access without requiring an ISP.

JeremyPKT33

You should check out PKT. PKT is aimed at providing low-cost Internet access without requiring an ISP.

JeremyPKT33

You should check out PKT. PKT is aimed at providing low-cost Internet access without requiring an ISP.

coinfeeds-bot

tldr; When using systems like Akash, people will always utilize cheap providers if they can turn a profit. In the table below, we can see that we were able to get PKT at $0.025 each. Assuming no fees, seamless reinvesting, and an hourly increase of 1%, you'd be looking at 5x your money in a week. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

megaman0007

It’s 10 year old ground breaking open source tech that now has a $100m+ blockchain called PKT supporting it, which is listing on a top 15 exchange next month. It’s just getting started and you heard about it here first…

megaman0007

All companies have different policies, of course. Having an employee plug a device into the internet is one thing, but another way to look at it is that any company with a business location that has internet, could be monetizing the bandwidth they are not since their employees are not in the office 12+ hours per day. PKT does not currently expose the businesses internet to any outside traffic, so there is zero risk in that regard. But definitely DYOR and see if making money from your unused bandwidth is a fit. For example, some people choose to put solar on their roof to reduce or completely offset their energy costs, while some people are fine to pay the energy bill in full. And collectively, but people building this edge network, it builds a new network that is operated by the people. Just like Bitcoin miners built a new banking and money transmission network powered by the people.

pktpal

The cube generate 10,000 PKT a month at today's difficulty. You are paid in a digital currency which you can turn to cash whenever you want. In the market dip the coin is trading at $0.03 now, 2 months ago it was trading at $0.08. You can do the math. So the best option is to hold or sell only what you need to cover costs. But historically as more people compete for coins the difficulty increases making it harder to earn coins. This creates supply and demand and historically we have seen that drive the price of PKT. Back in January the coin was trading at $0.0025. There is never a better time to start earning than now.

megaman0007

Yields depend on the power of your equipment (CPU) + bandwidth. I am renting several 24 core/48 thread servers, which makes around 450 PKT per day each. PKT is currently trading between $0.02 and $0.03, so thats about $9.00/day per server at current value. If I scale up my CPU I can make more. The device mentioned on this post is a machine people can buy and set up in their house, but I don't think it comes out till next month. Also just Akash Network just announced they are supporting PKT, so it is really easy to set up a server. PKT was trading at around $0.05-$0.06 in May/June, so its been profitable for me. But I am hodling since it will be listing on a Top 15 exchange next month (Sept).

megaman0007

I have read all the information on this technology and have spent considerable time in the the project's telegram chat. No one is using your internet at this time, however you can currently get paid for mining. Just like Bitcoin pays miners, but PKT uses bandwidth instead of massive amounts of electricity. In the future, if you choose to share your bandwidth when that is possible, that will be entirely your choice.

JeremyPKT33

Actually no. [http://pkt.cash](http://pkt.cash) whitepaper https://pkt.cash/PKT\_Network\_v1.0\_2021.02.01.pdf

JeremyPKT33

PKT price was .003 in January 2021 and is now trading at .02 with a ATH of .06 in April in an OTC trading group on telegram. Listing is in the works and ya if the project isnt for you no worries just trying to share the love

JeremyPKT33

PKT is an open source project so please check out [http://pkt.cash](http://pkt.cash) to learn more about PKT. Pktpal is a for profit company that offers a turn key solution to mining PKT.