Beowulf is a decentralized cloud platform built by combining globally computing resources into a supercomputer network on the blockchain for serving communication services. Beowulf allows everyone with computers to earn money and they are referred to as network miners. On the other hand, Beowulf helps businesses add real-time communication capabilities such as voice, video, messaging, and conference room to their business applications with much lower entry barriers and cost.
Beowulf can significantly reduce commercial inefficiencies, operational challenges, and financial hurdles in the communication marketplace for startups and enterprises:
Beowulf delivers business clients the best communication services via localization. With the decentralized network of miners worldwide, Beowulf will leverage the nearest available computing power to ensure network locality, and employs AI-based machine learning engine to find the best routing path for each communication transaction.
When you use the Beowulf SDKs, there are no charges for developing your own applications, you pay only for each communication transaction executed. Our SDKs also automate the application release process of both your frontend and backend allowing you to deliver features faster.
With Beowulf, every communication transaction will be recorded on the blockchain for complete transparency, clear-cut auditing, so as to eliminate potential billing fraud or bureaucracy imposed by centralized authorities.
All communications to and from the Beowulf network are end-to-end encrypted with compliance to the highest security standards to prevent unauthorized eavesdropping.
Beowulf provides you with a suite of APIs and ready-to-use SDK so you can easily add real-time communication capabilities such as voice, video, messaging, and conference room to your application without rebuilding your own infrastructure from the ground up. Please kindly check our developer guide here
Miners are anyone that shares their computing power by downloading the Beowulf software, without any additional investments or costs. Under the Beowulf network, miners around the world will form a supercomputer to serve for the communication services.
Miners will be paid in W coins for sharing their computing capacities. W coin is the native stablecoin pegged to 1 USD for transaction fees and cloud service fees.
It’s completely free and setting up only takes seconds following these 3 steps:
Step 1: Simply download the Beowulf software on your computer.
Step 2: Register for a new account
Step 3: Receive passive income from the Beowulf network
Once fully installed, the software will let you earn money everytime it allows processing power on your computer to execute a transaction.
Keeping our customer's data secure is the most important responsibility. We invest a lot of time and resources to ensure that all transactions handled by Beowulf is fully secure, which means your computer will function normally and won’t be exposed to interruptions, virus or potential cyber attacks.
Beowulf SDKs are packed with best-in-class features to speed up development time and reduce costs, helping you bring to market your products more quickly. By developing with Beowulf, you can benefit from:
Our ready-to-use front-end SDKs are available for both iOS and Android developers.
Beowulf offers flexible APIs and ready-to-use front-end SDKs to ensure seamless integration, low latency, and global connectivity. The SDKs along with other technical docs for developers can be found under the Developer Guide tab in this link here.
Beowulf employs Delegated Proof-of-Stake algorithm which is a new way to guarantee decentralization not only on the algorithm level, but also on the actual geo-distribution level and random probability distribution for voting consensus.
The Beowulf consensus algorithm does not waste energy solving cryptographic puzzles like in proof-of-work (PoW) blockchain systems. Moreover, the Beowulf consensus algorithm has the lowest communication overhead theoretically possible, achieving optimal energy efficiency.
Supernodes are high performance blockchain nodes which will be tasked with managing key network and system functions such as block making and stake voting for new block creations.
Supernodes will earn block reward and transaction fees for each block they create. Payments will be made in BWF coin which will be tradeable on many exchanges so as to ensure optimum liquidity and full financial stability for Beowulf Supernode participants/purchasers.
The list of active Supernodes can be found under the Block Explorer tab in this link here.
The Beowulf’s dual-coin structure consists of with the native stablecoin W coin which will serve as the payment mechanism within the network, and the BWF coin representing economic ownership for investment purposes.
The dual-coin structure is designed to fine-tune the different purposes of any activity happening within and outside the network and ensure the liquidity and stability of the network. Through the native dual-coin structure, Beowulf offers users with:
The BWF coin represents economic ownership of its holders for investment purposes and can be traded on exchanges. As people collaborate to grow the ecosystem, everyone will benefit through BWFs. The purpose of BWF is not only to facilitate the interactions and transactions of the key stakeholders on the platform, but also vital in aligning stakeholders’ incentives with the long-term success of the community: stakeholders wishing to become Supernodes must own 3,000,000 BWF in their account.
The W coin is the native stable coin pegged to USD at the rate $1. The W stablecoin will be used as a utility currency to provide a stable payment medium for payments of transaction fees within the Beowulf network.
BWF coins will be available on several exchanges so users can earn profits through trading activities whilst using the internally regulating stable coin to purchase goods and services within the Beowulf ecosystem. To support liquidity and appreciation of the BWF coin, Beowulf will use 20% of the earned revenue in W coins to buy back BWF from the market.
The blockchain underlying in Beowulf network is not an application specific blockchain. Its goal is to solve the problems that current decentralized infrastructures face, and build an open innovation platform for frontier technology. Beowulf is exceptionally useful for DApps that require high TPS such as online streaming/broadcasting, distant consulting and transportation networks.