StrongNode - Edging Distributed Computing Forward
StrongNode will provide on-demand scalable infrastructure to provide GPU and CPU computational resources to users for a variety of applications.
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Today we’re seeing more and more of the everyday things in our lives being connected to the Internet. It’s not just phones, laptops and smart TVs but also cars, door locks, refrigerators, smoke alarms, remote controls and even toasters! Whatever furniture or appliance you have in your house, it’s a good bet that someone is figuring out how to make it better by hooking it up onto the IoT (Internet of Things) so they can be operated remotely or interact with other devices. But with that sheer amount of connectivity, it’s obvious we’ll be needing a better and faster network to handle all of that instantaneous data transfer that will be dominating our increasingly complex and interconnected lives.
The question of where to source that amount of processing power for IoT is just one of the concerns of the upcoming blockchain project, StrongNode, which aims to provide on-demand scalable infrastructure to provide GPU and CPU computational resources to users for a variety of applications.
But contrary to the big “cloud” computing service providers such as Google, Amazon, Microsoft or IBM which account for 76 percent¹ of the global cloud computing infrastructure, StrongNode will take the decentralized approach to avoid the problems commonly experienced with centralized data centers such as:
Network latency due to the physical distance between servers and end-users
Greater susceptibility to network-wide breakdowns due to centralized setup
Data privacy risks due to hackers
Unavailability of services or loss of data integrity
High cost of services
How so? By using blockchain technology to tap unutilized devices, StrongNode envisions creating a global network that can allocate local computing power to nearby demand, maximizing efficiency by eliminating lag time and thereby reducing costs as well. So instead of sourcing computational power from across the country or overseas, you can rely instead on your neighborhood machines for a faster and more reliable experience.
True, redistributing computational resources in such a way has been around for quite a while now known as “edge computing”—the term suggestive of moving the data resources “away from the center” and “onto the edge” where the users are. But edge computing isn’t quite true decentralization as it still requires a central entity to manage the system.
StrongNode markets itself as a “modern take” on edge computing by integrating it with blockchain technology. Though this “nodes-as-a-service” business model is already relatively common with other providers wherein you can run your own node to speed up your applications, StrongNode offers a more reliable alternative by providing tools that lets you manage the nodes in the blockchain through its application programming interface (API). It’s a step up from conventional P2P (peer-to-peer) setups wherein every node has an equal share in the processing and storage of data. So it’s not simply “moving the cloud closer” to the user, but also allowing the user to manage what it does—to spin and tug at its nodes in certain ways to create customized workflows or have it automated for optimal reliability.
Specifically, the computational resources that can be harnessed from these nodes are CPU/GPU cycles, bandwidth, and data storage capacity; and these can come from practically any device that can connect to the Internet: laptops, PCs, mobile devices, gaming consoles, smart TVs, and IoT devices willing to lend its surplus resources. And since this is situated on the blockchain, users are guaranteed immutability, transparency and security that only a decentralized network can provide.
In a P2P blockchain (left), each node shares an equal responsibility in the processing and storage of data. In the StrongNode network (right), edge computing integrated with blockchain technology allows for management pathways across the nodes in the blockchain, so computational resources can be moved closer to the end user.
Such a more elaborately connected and manageable network has a huge implication for heavy computational workloads aside from IoT applications, such as rendering streaming high definition videos or mining cryptocurrencies. Other fields that would also greatly benefit include:
Online gaming
AI machine learning
Telecommunications
VPN providers
Data brokerage
Medical industry
Development
As of the last quarter of 2021, StrongNode is still in its phase of “incubating” other projects for other innovative companies to assist in providing network growth and scalability by bringing in their products, infrastructure and services to the StrongNode ecosystem. It’s first project under incubation, OGLife, will make use of the innovative blockchain paradigm in offering real-time gaming connections as well as other content across a wide range of interests from health and financial services to movies, music, news and personal development.
But already StongNode is thinking big in its visions of scalability and cross-chain utility, starting on the Polygon/Matic network and with plans already underway to have other big chain networks coming onboard such as Solana, Binance Smart Chain, Ethereum and Cardano.
Aside from incubating more startup projects, other plans for 2022 include launching NFTs and further infrastructure development.
Tokenomics
The StrongNode Edge (SNE) token will have a total supply of 10 billion tokens and will be allocated accordingly:
Presale (19%) — 1.9 billion SNEs
Staking Rewards (15 %) — 1.5 billion SNEs
Operations (15%) — 1.5 billion SNEs
Liquidity (14%) — 1.4 billion SNEs
Core Team / Developers (14%) — 1.4 billion SNEs
Treasury Reserves (10%) — 1 billion SNEs
Marketing (7%) — 700 million SNEs
Advisors (4%) — 400 million SNEs
Public Sale (2%) — 200 million SNEs
The token sales are broken down as follows:
Total amount for the raise — $2M
Total tokens for sale (21%) — 2.1 billion SNEs
Seed round (5 %) — ($300 raise) 500 million SNEs at $0.0006
Private round (14 %) — ($1.4M raise) 1.4 billion SNEs at $0.001
Public sale (2%) — ($300K raise) 200 million SNEs at $0.0015
Conclusion
StrongNode has some interesting ideas in revolutionizing the cloud service industry, similar to other up-and-coming projects like the CUDOS network which also has the same model of utilizing untapped computing resources for maximum data crunching efficiency. But what StrongNode seems to bring to the table over the rest is its promise of greater flexibility in managing nearby nodes with its options for manual or automated setups—something that runs counterintuitive to the concept and design of a blockchain itself. And it’s always the counterintuitive ideas that usher in any kind of major breakthrough.
But as the project is still really early on in its development, nothing is really set in stone yet and we will have to wait if StrongNode’s case study projects will be able to garner it enough traction towards more user adoption. It might be worth keeping an eye on as more projects take part in the network and as more cross-chain compatibility opens up in the future.
¹ Cloud Market in 2019 and Predictions for 2022. https://www.mcafee.com/blogs/enterprise/cloud-security/microsoft-azure-closes-iaas-adoption-gap-with-amazon-aws/
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