Purpose of Document: Informational purposes only; not financial advice or an investment prospectus.
Network Description: Autonomi, a decentralized, autonomous network offering secure data storage and communication via distributed protocols.
Key Features of Autonomi
Decentralization & Security
Data stored is split into chunks, encrypted, and stored randomly across devices (nodes).
Self-encryption ensures that data and credentials never touch the internet.
Quantum-secure encryption for data safety.
Incentive System and Tokens
Early stages use an ERC20 token (ANT) for payments.
Plans to transition to a native token as the network grows.
Nodes earn rewards by contributing spare capacity for data storage.
Network Architecture and Functionality
Nodes operate on a set of rules that reward cooperation and punish bad behavior.
Data stored permanently with a one-off fee by users.
No ongoing costs for data access.
Scalability & Infrastructure
Built to use spare capacity from everyday devices rather than large data centers.
Designed to scale infinitely with more nodes and data.
Economic Model for Data Storage
Emissions used to incentivize early-stage network growth.
Permanent storage model sustained by a one-time payment.
Price of storage influenced by data upload rates and resource cost decline.
Technical Innovations
Self-Encryption: Content is encrypted in chunks using its own hash and the hash of adjacent chunks.
Self-Authentication: Ensures user credentials never leave the user's device, enhancing security.
Networking Technology: Utilizing libp2p and Kademlia for peer-to-peer communication.
Token System
ANT Token (Autonomi Network Token): Initial token used for payments and incentives.
Emission Schedule: Tokens will be emitted over 12 years to support network development.
Future Developments
Native Token Introduction: After initial scaling, a native token will replace ANT.
Network Growth Strategy: Emissions and incentives to stimulate early adoption.
Governance and Ownership
Autonomi Foundation to play a pivotal role in network support and governance.
Plans to buy out MaidSafe.Net Limited shareholders with network tokens.
Comparative Advantages
Autonomi vs. Traditional Systems: Offers decentralized, secure, and perpetual storage without middlemen.
Open Source: All code is available under GPLv3, with uses of other open-source licenses.
Token Allocation and Distribution
Maximum Supply: 1.2 billion tokens to be created over the network's lifetime.
Distribution includes emissions, network support, and stakeholder buyouts.
Conclusion
Autonomi aims to provide a truly decentralized network addressing security, storage permanence, and economic scalability, with the capacity to support a wide range of applications and uses.