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Substratum

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Description

What does Substratum do?

Substratum claims to be the foundation of the decentralized web. Anyone around the globe can access or host web content through the Substratum network, in a censorless fashion. The project offers three main perks: substratum host, substratum node, and cryptopay.

Substratum host is the web hosting service that allows individuals or businesses to host their website on the Substratum network. With this service, there are no flat rates, as demanded by centralized hosting services like GoDaddy. Instead, users pay based on traffic and bandwidth needs. These fees are paid in SUB tokens.

Substratum nodes keep the network alive and forward content from hosts to the web users. Node operators are compensated for their work in SUB. Additionally, running a node is very user-friendly and does not require a technical background, which may contribute to wider adoption.

Cryptopay allows businesses to accept any coin actively traded on exchanges.

What is SUB used for?

SUB tokens are used primarily as a reward system. Everyone who runs a Substratum node is rewarded in SUB for forwarding content to end users. On the other hand, those who choose to host on the Substratum network must pay SUB to account for fees to the network.

SUB is currently an ERC-20 token, but Substratum has ambitions to move across multiple blockchains to further decentralize the web. In this case, SUB could be compatible with other blockchains as a tool for accessing the global, decentralized web.

How can SUB appreciate in value?

As more websites are hosted on the Substratum network, the demand for SUB will increase. Website hosters will be incentivized to hoard SUB to pay for fees, especially if their website reaches a large audience, making their website more expensive to host.

Additionally, nodes will be in higher demand to keep the network alive as a result of user adoption. With increased adoption, nodes can get paid more as SUB increases in value.

What is the difference between Substratum and its competitors?

MaidSafe is Substratum’s main competitor as the project also aims to be a completely decentralized internet. Both projects are anonymous solutions and are expected to be cheaper than the centralized alternatives. A main upside to Substratum over MaidSafe is usability, since users do not need to download any software to access a Substratum hosted site. With MaidSafe, since they do not rely on a DNS to deliver content, users must download and install their dedicated browser.

  • Mainnet Launch: Not yet.
  • Open Source: Yes
  • Consensus Type: PoS
  • Technology: Blockchain
  • Total Coin Supply: 472,000,000 SUB
Reward
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REWARD
REWARD
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Idea
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Innovativeness

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Feasibility

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Clarity

Does the project’s message make sense?

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Are any key members involved in other projects?

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Attention

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Hype

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Community

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Coin Utility
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Usefulness

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Versatility

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Our opinion

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Description

What does Substratum do?

Substratum claims to be the foundation of the decentralized web. Anyone around the globe can access or host web content through the Substratum network, in a censorless fashion. The project offers three main perks: substratum host, substratum node, and cryptopay.

Substratum host is the web hosting service that allows individuals or businesses to host their website on the Substratum network. With this service, there are no flat rates, as demanded by centralized hosting services like GoDaddy. Instead, users pay based on traffic and bandwidth needs. These fees are paid in SUB tokens.

Substratum nodes keep the network alive and forward content from hosts to the web users. Node operators are compensated for their work in SUB. Additionally, running a node is very user-friendly and does not require a technical background, which may contribute to wider adoption.

Cryptopay allows businesses to accept any coin actively traded on exchanges.

What is SUB used for?

SUB tokens are used primarily as a reward system. Everyone who runs a Substratum node is rewarded in SUB for forwarding content to end users. On the other hand, those who choose to host on the Substratum network must pay SUB to account for fees to the network.

SUB is currently an ERC-20 token, but Substratum has ambitions to move across multiple blockchains to further decentralize the web. In this case, SUB could be compatible with other blockchains as a tool for accessing the global, decentralized web.

How can SUB appreciate in value?

As more websites are hosted on the Substratum network, the demand for SUB will increase. Website hosters will be incentivized to hoard SUB to pay for fees, especially if their website reaches a large audience, making their website more expensive to host.

Additionally, nodes will be in higher demand to keep the network alive as a result of user adoption. With increased adoption, nodes can get paid more as SUB increases in value.

What is the difference between Substratum and its competitors?

MaidSafe is Substratum’s main competitor as the project also aims to be a completely decentralized internet. Both projects are anonymous solutions and are expected to be cheaper than the centralized alternatives. A main upside to Substratum over MaidSafe is usability, since users do not need to download any software to access a Substratum hosted site. With MaidSafe, since they do not rely on a DNS to deliver content, users must download and install their dedicated browser.

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