Hypernet ICO Review And Hypernet Token Analysis

Hypernet

Introducing a new infrastructure for computing.

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7 months ago

Hypernet ICO About

Hypernet is a protocol for high performance computing across a distributed network of devices.

Hypernet ICO Review

WHAT IS HYPERNET?

Hypernet brings large-scale distributed computation power to the masses. Hypernet leverages an asynchronous, decentralized programming model, designed from the ground up, for use on dispersed, heterogeneous, dynamic networks. It will enable the high-performance computing architecture of the future by combining the power of blockchain technology with the simplicity and robustness of distributed average consensus.

WHAT IS THE HYPERNET BUSINESS MODEL?

Hypernet is a marketplace that connects buyers and sellers of computational power. Everyday people will be able to generate income from their idle computers and devices, and buyers will be able to run lower cost, distributed computation jobs.

HOW DOES HYPERNET HELP CREATE DISTRIBUTED COMPUTATIONAL POWER?

Hypernet is a protocol for tapping into idle computational power to create a distributed network. It provides an API suite based on the principle of Distributed Average Consensus (DAC) to perform asynchronous global data reductions that are robust to dynamic network architectures with limited bandwidth. The Hypernet DAC API will feel very natural to engineers familiar with the MPI programming standard while allowing them to easily tackle problems in which nodes can enter and leave a calculation at random.

HOW IS HYPERNET DIFFERENT FROM OTHER DISTRIBUTED COMPUTING PROJECTS?

A much broader class of problems can be solved over a distributed network with Hypernet because it mobilizes general parallel computing rather than grid computing. To take advantage of additional computing power, grid computing projects require a very specific problem type (known as “embarrassingly parallel”). By contrast, Hypernet makes true parallel computing possible via our novel asynchronous programming model based on distributed average consensus.

In addition, there are differences in the way tokens are used to manage reputation, provide collateral, allocate capacity, and prioritize projects. See our whitepaper and join our Slack community to learn more.

IS A TOKEN NECESSARY FOR HYPERNET’S FUNCTIONALITY?

Yes. Tokens allow us to create and facilitate a healthy public computational ecosystem that connects buyers to sellers of computational power.

HOW DO HYPERTOKENS WORK?

Hypernet tokens, called Hypertokens, perform four interconnected and critical functions that enable a marketplace for decentralized computational power over dispersed, dynamic networks:

Collateral – Buyers and sellers of computational power will use tokens as a form of collateral for launching and fulfilling compute jobs. This will ensure fairness for all parties and limit misuse of Hypernet by bad actors

Network Allocation – Hypertokens will be used to allocate and measure capacity for submitting and running compute jobs.

Reputation – Hypertokens will allow ecosystem actors to build a verifiable reputation and increase their standing in requesting and fulfilling compute jobs.

Priority – The prioritization of jobs will be moderated within Hypernet via the previous three factors of reputation, network allocation, and collateral.

Hypernet ICO Comments

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  • 7 months ago Jonas Panerio

    Hypernet promises to be bring in a new breakthrough in distributed computing world, through their new proposed principle of Distributed Average Consensus, they want to tap into the power of every device to its fullest to facilitate new science, power smart cities, and enable large scale data processing.

  • 7 months ago Draymond Green

    The team from Stanford has been involved with Bitcoin and Blockchain for a long time and is definitely credible to deliver on their promises. They are readily available to answer the community questions in their telegram and slack channels and are trying to build and foster a healthy community right from the start.

  • 7 months ago Hunter Levesque

    How is Hypernet different from other distributed computing projects?

  • 7 months ago Gabriel Stephen

    With the details of the token metrics awaited at this stage and expected hard cap of 15m USD (their closest competitor Golem has a marketcap of 600m+ and Hypernet claims to be a better technology than Golem with a team from Stanford to back up their claims), this could very well be one of the most promising projects to look forward to in 2018!

  • 7 months ago Klay Thompson

    A much broader class of problems can be solved over a distributed network with Hypernet because it mobilizes general parallel computing rather than grid computing. To take advantage of additional computing power, grid computing projects require a very specific problem type (known as “embarrassingly parallel”). By contrast, Hypernet makes true parallel computing possible via our novel asynchronous programming model based on distributed average consensus.

  • 7 months ago Jonas Panerio

    How is it different from Golem, Sonm, iExec, etc?

  • 7 months ago Gabriel Stephen

    Not all computational frameworks are created equal… in fact, they can be radically different. A detailed explanation is available in this blogpost https://goo.gl/B4r1rM, but in short, Hypernet allows for fully parallel distributed supercomputing, while competitors are focused on grid computing. Grid computing is limited in the type of problems it can solve. Massively parallel distributed computation (HyperComputing) is ideally suited for a much broader class of problems, including some that have never been possible to solve.

  • 6 months ago Steve Kerr

    What is Hypernet's approach?

  • 6 months ago Maverick Carter

    Hypernet plans to take an entirely different approach than adapting existing architectures such as Grid Computing. The project founders believe that many computers do not run at full capacity, that CPU and RAM is sufficient for parallel computing tasks. This idle capacity could be monetized rather than left underutilized. By using token economics, node reputation and staking collateral, Hypernet could be instrumental in enabling a marketplace for computational resources. Buyers (apps or businesses) will have computing requirements in which the seller must prove they have the capability to meet the buyer’s needs. The Hypernet marketplace will be enabled via smart contracts. Their resource scheduler is built on Ethereum smart contracts.

  • 6 months ago Meghan Lambert

    One great review about Hypernet: https://medium.com/@megadeth20/hypernetwork-review-2e17d0794e1b

  • 6 months ago Meghan Lambert

    Hypernet has developed a new parallel programming model, what they call Distributed Average Consensus (DAC). This allows for data reductions to be performed for massively parallel problem sets.

  • 6 months ago Maverick Carter

    Found a great read on this project! https://youtu.be/NoMc7Up_zMg

  • 6 months ago Steve Kerr

    Is there any incentive to join the Telegram early, or to be one of the first to sign up for Hypernet when it launches?

  • 6 months ago Meghan Lambert

    I don't think there is an incentive program for it.

  • 6 months ago Meghan Lambert

    No news yet so far.

  • 6 months ago Peter Garland

    Any news as to what their soft cap and hard cap would be?

  • 6 months ago Chan Amor

    Oh I want the incentive part. Hope they provide bonus

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ICOPicker - IVAN RAVLICH
IVAN RAVLICH

ICOPicker - DANIEL MAREN
DANIEL MAREN

ICOPicker - TODD CHAPMAN
TODD CHAPMAN

Token Info

  • Symbol/Ticker Hypernet
  • Platform Ethereum
  • Type
  • Bonus

Presale Info

  • Presale Price null ETH
  • Presale Start Date 05/23/2018
  • Presale End Date 05/23/2018

Investment Info

  • Tokens for Sale null
  • Total Token Supply null
  • Price Per Token null USD
  • Soft Capital 0 USD
  • Hard Capital 0 USD
  • Accepting ETH

May 2018

Allocation testing

June 2018

Consensus protocol Runtime Environment Sandbox

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7 months ago


  • Token Hypernet
  • Platform Ethereum
  • Price null
  • Soft Capital 0
  • Hard Capital 0
  • Accepting
  • Country United States
  • Restrictions
  • Know Your Customer No
  • Whitelist No