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Computecoin Network

Computecoin Network

Computecoin (CCN) is a self-evolving internet computer designed to power the metaverse by serving as infrastructure for metaverse applications.CCN provides rich, low-cost, low-latency, and trustworthy computing and storage power for Web.3 pioneers: VR/AR developers, AI engineers & teams, metaverse end users, NFT collectors, DeFi platforms, and the

All edits by  Mikhail Maltcev 

Edits on 15 Feb, 2022
Mikhail Maltcev
Mikhail Maltcev edited on 15 Feb, 2022
Edits made to:
Timeline (+1 events) (+5483 characters)
Timeline

August 27, 2021

What is Computecoin? - Computecoin - Medium

Computecoin (including its native token CCN) is a self-evolving computer designed to power the metaverse — the constantly evolving patchwork of virtual worlds in which people work, socialize, build and explore.

Today, metaverse projects face significant limitations. Even world-famous platforms like Fortnite and Roblox are centralized and low-fidelity, with limits on the number of users who can be in the same virtual space at once, and precious little customizability for users. We’ve built a solution to overcome these obstacles and propel the metaverse into a brave new era.

Computecoin comes fully loaded with functionality. The platform aims to build a robust metaverse ecosystem by leveraging Computecoin’s underlying layers: PEKKA and the metaverse Computing Protocol (MCP). Our system will put decentralized computing power at users’ fingertips in the easiest, most affordable way yet. We’re also giving developers and teams the computing resources they need to build metaverse applications that transcend today’s limits.

PEKKA

Rich, low-cost and instantaneous computing and/or storage power is essential to power humanity’s immersion to the metaverse. The Computecoin team designed PEKKA to streamline access to processing capacity. PEKKA, the network’s power source, aggregates decentralized clouds, like DFINITY, Filecoin and data centers — allowing users to access and use decentralized computing power in the easiest, most affordable and most accessible way yet. Then, it offloads computation to a proximity network (for instance, a nearby data center) to supplement local compute. Thus, PEKKA fills in gaps in computing power supply to ensure that end-users on mobile devices like iPhones and Oculus headsets can seamlessly immerse themselves in the metaverse.

PEKKA provides an all-in-one solution that, rather than building new infrastructure, seamlessly integrates decentralized clouds, such as Filecoin, Crust, DFINITY and data centers. Generally speaking, developers today must overcome a steep learning curve to deploy metaverse applications to the decentralized cloud. For instance, game developers need to decide which decentralized storage network they should choose to store the game’s NFTs. But, this choice is a difficult one, as networks such as Filecoin, Crust, Swarm and Chia are highly dynamic in terms of price, reliability and coverage. PEKKA will close this gap by providing a user-friendly and simple client software to integrate decentralized cloud servers, including cryptocurrency mining machines; a simplified deployment process such that developers can deploy metaverse applications to the decentralized cloud in a matter of minutes; and a unified API for seamless data storage and retrieval from any decentralized cloud such as Filecoin or Crust. Metaverse developers will likely find the aggregation of decentralized clouds very attractive. For example, game developers need cheap and reliable storage for tons of data generated by players’ activities. This data typically needs to be archived and stored for a long time for several purposes, mainly to create transparency and auditability for the game’s mechanics, payments and reward systems.

The MCP

The MCP — the network’s guardian — is a layer-1 blockchain featuring Computecoin’s patented consensus algorithm proof of honesty (PoH), which guarantees that the results of computation tasks outsourced to proximity networks can be authenticated. PoH, which effectively solves the verifiable computing problem that for over a decade frustrated the computer science field, establishes trust in computation tasks outsourced to trustless decentralized clouds, and thus lays the foundation for a trustable metaverse ecosystem. Furthermore, Computecoin’s AI algorithms — the network’s “DNA” — constantly self-evolve to improve end users’ metaverse experiences. For example, the algorithms can identify the best decentralized cloud for each of a user’s compute and storage tasks, and optimize the configuration of a proximity network and the scheduling of computation offloading. The algorithm will also leverage user feedback to constantly self-evolve and improve user experiences.

Proof of Honesty aside, the MCP also has superior performance compared with other layer-1 blockchains. In particular, the MCP uses the DAG structure for its underlying blockchain technology. DAG is known to have the advantages of high concurrency, high throughput, and low transaction fees. Computecoin has deeply optimized and improved the traditional DAG technology based on our new vision and on metaverse applications’ design requirements. The overall DAG achieves supreme performance by introducing certain rules on how a block selects parent blocks in the DAG structure. The MCP’s unique structure allows for elegant cross-chain interoperability, which is necessary for CCN to function as an aggregator of resources from other blockchain projects such as DFINITY and Filecoin. MCP supports EVM (Ethereum Virtual Machine) and is solidity-compatible. That is, it allows users to deploy any solidity-based smart contracts such as ERC20, ERC721, DeFi applications and more. It also offers a comprehensive set of developer libraries and tools for metaverse applications.

We’ll be launching the ComputeCoin mainnet — the Metaverse Computing Protocol — in early 2022. Follow us on Twitter, or join our Telegram group to learn more about our project and how you can get involved.

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