As we talked about the vision of ClusterLabs in our previous article; we saw that we are about to witness a major change in how Internet works.
This(below article) clearly shows that how this is going to happen, so make sure you go through it before proceeding further.
Say BYE to F.A.G.M.A., and HELLO to the new Internet_Breaking the Facebook, Apple, Google, Microsoft, Amazon dominance_hackernoon.com
Assuming you have gone through the above article, let’s proceed further.
As the title suggests, IpfsCloud is working on a Domain and Hosting platform (IpfsHost) that is going to change the website publishing landscape.
Here is a sneak-peek showing how AWESOME it is:
IpfsHost: BUILD and HOST Website for FREE in 30 SECONDS
Try out the IpfsHost Demo here: IpfsHost
Right now IpfsCloud provides cloud storage service. You can know more about it in the FAQs.
If you are interested in being our very first users and want to check out the app before it hits the playstore, then sign-up for our beta testing program here: https://goo.gl/forms/Z9g3BVZrISV1gW8M2
We are looking for people to work with us. Head here to check out opportunities at ClusterLabs: https://goo.gl/forms/ZDwTOmroFiV9TdtD2
Let’s talk about the problems faced by current Hosting(publishing websites) and Domain issuing(renting domains via providers like GoDaddy) industry.
To totally understand the problem, let’s first see how this whole system works. If you are more into videos, then check this out for a brief explanation.
Or you can just read it here:
This diagram illustrates the main functions of the parties that are usually involved in the process.(Source)
A domain name registrant(you) is the person or organization who has registered the domain name. In order to do so, the domain name registrant will usually apply online to a domain registrar(like GoDaddy) or one of their re-sellers(someone who buys from GoDaddy and resells it to you; usually bundled with other services).
If you want to go more deep into how this system works, then check this out:
ICANN WHOIS_In order to reserve a domain name in a gTLD, a domain name registrant must register it with an ICANN-accredited…_whois.icann.org
As we saw above that basically registering a domain mainly involves keeping track of who owns what domain.
But once a domain is registered then why should I pay again and again to use it?
Registrars are making a ton of money selling domain names each year(approx. $600mln each quarter).
If I have bought a domain once, then I should own it for lifetime(unless anyone buys it from me) without paying them again and again.
IpfsCloud plans to host it’s own domain extension which will be made available to the users.
The main problem here is that this system is hugely centralized. This market is controlled by Giants which have created an Oligopoly(a group controlling a market).
So, they pretty much decide the cost of hosting for the you.
One industry which is majorly untouched(not widely used) today is peer-to-peer lending of digital resources(storage and computation power).
This could bring a major shift in the data economy.
Imagine, you could rent out your unused storage and computation power when you are not using you computer and even your mobile phones.
This will really change how we see our devices.
Our devices can make money for us and eventually can recover their actual cost.
In near future, IpfsCloud aims to build a sustainable peer-to-peer data and computation power economy which can sustain and grow organically.
Checkout IpfsCloud here: ipfscloud.store
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Thanks for reading;)
About the Author
Vaibhav Saini is a Co-Founder of TowardsBlockchain, an MIT Cambridge Innovation Center incubated startup.
He works as Senior blockchain developer and has worked on several blockchain platforms including Ethereum, Quorum, EOS, Nano, Hashgraph, IOTA etc.
He is currently a sophomore at IIT Delhi.
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Want to learn more? Checkout my previous articles.
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Getting Deep Into Ethereum: How Data Is Stored In Ethereum?_In this post we will see how states and transactions are stored in Ethereum and how it is different from Bitcoin._hackernoon.com
Difference between SideChains and State Channels_A complete comparison of the two scaling methods._hackernoon.com
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Thanks to David Smooke.