Featured Project: Mainframe (MFT)

Transcription

1 Featured Project: Mainframe (MFT) Decentralized Messaging Protocol May 25, 2018

2 PROJECT OVERVIEW What is Mainframe? A decentralized protocol for censorship-resistant message routings based off a Kademlia network, which is decentralized by nature, and increases privacy and resilience of the system. MULTICASTING The system is kept secure by incentivizing nodes to cooperate and follow their protocol, providing storage and encrypted P2P info relay in return for compensation. The primary method for moderate security, but high output communication will be done through multicasting. 2

3 PROJECT OVERVIEW Dark routing If information is highly sensitive, there is a dark-routing option, which essentially proxies the sent information to an abundant number of potential recipients, making it nearly impossible to infer who the intended recipient is. DARK ROUTING They will be providing an abundance of resource for developers to increase the adoption of their platform, including SDKs and tutorials. 3

4 PROJECT OVERVIEW Development roadmap Milestone 1 Milestone 2 Milestone 3 Apollo will use the Ethereum blockchain and the Swarm distributed storage, on which a mailbox and contact management Mainframe node will be build. Beta-version of Onyx released. Hawthorne will introduce incentives to the network, and give entities access to a single node (sometimes shared as in the case of businesses). More features, like emojis, and organization-wide contact management will be added to Onyx. Gettysburg will introduce a fully decentralized communications platform, launch SDKs, and launch fully decentralized user marketplace. 4

5 PROJECT OVERVIEW Use of MFT tokens MFT tokens will be largely used as an incentivization feature for nodes to ensure quality storage, and reliable transfer of information. Additionally, they will be a medium of exchange for users in marketplaces and on the Mainframe platform, where digital services/goods can be bought and sold. The value of MFT tokens will rise if greater interest shifts toward decentralized, encrypted and censorshipresistance communications, thereby increasing the usage of Mainframe and demand for MFT. 5

6 THE TEAM Who are the people behind Mainframe? Mick Hagen Founder and CEO Over 7 years entrepreneurial experience in leadership and executive roles, with his most recent being with Undrip as its CEO. Carl Youngblood CTO Over 19 years cumulative software engineering experience, with his most recent being VP of engineering at DivvyPay. Brad Hagen Business Development & Sales Over 18 years cumulative experience in marketing, and business development with the most recent being with Brandr as co-founder. Shane Howley VP Engineering, Backend PhD. in concurrent algorithms from Trinity College Dublin, and engineer at Upfront Analytics. Paul Le Cam VP Engineering, Frontend Previously an Engineer at Hailo, and has developed several open source projects like react-leaflet. 6

7 OUR THOUGHTS The opportunities Following the recent events concerning censorship of messaging applications, it shows that unstoppable messaging is a legit issue concerning many people. P2P ARCHITECTURE Mainframe allows different apps to take advantage of its censorship resistance features such as dark routing and P2P architecture. This reduces the reliance of any one application to become successful. 7

8 OUR THOUGHTS The opportunities The development of the project is more advanced than most of the other blockchain projects, with the first application on the Mainframe protocol, Onyx, being built already. 8

9 OUR THOUGHTS Our concerns Users need to spend MFT tokens in order to incentivize the nodes to keep the network running. There are a lot of messaging applications that are free to use and users who do not value privacy and censorship as much may opt to use the free apps instead of those built on the Mainframe protocol. Network effect is very strong for messaging platforms. Unless there is a large issue with the current platform, it is difficult to get people to switch to another messaging application. We believe it would be easier for Mainframe to build up its user base in some cases (i.e. enterprises) than others (i.e. for personal use). 9

10 OUR THOUGHTS Our views Long-term potential: Positive. There is a real need for what Mainframe offers and we believe that going forward, user will value privacy and censorship-resistance even more. We believe the biggest factor determining the success of Mainframe is how quickly the platform can attract users to switch from other messaging applications. If Mainframe is able to do that, the potential can be substantial. The Mainframe team is going to host events at six cities in Europe where they will physically airdrop MFT tokens to those who attend the events. 10

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