UNET
UNET
Token: UNET


Decentralized Cloud Platform for Everyone

ICO dates
Start date: 2018-06-15
End date:

Registrated in: Singapore

Platform: Ethereum
Type: ERC20

PREMIUM ICO

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https://www.unchainet.com Screenshot
UNET categories
Business services
UNET whitepaper
UNET token sale
KYC passing required No | Whitelist No | Restriction for countries None
Soft cap 1,000,000 USD
Hard cap 35,000,000 USD
Tokens for sale 120,000,000
Token distribution in ICO
60%
60%
Price 1 UNET = 0.30 USD
Acceppting BTC, ETH, Fiat
UNET news, social
UNET search trends in Google
Random whitepaper excerpts

Abstract
The internet is constantly evolving. Twenty years ago, only large enterprises owned big
data centres and startups needed to invest large sums into their own servers. If they became
successful, they had a very short time to increase their capacity by investing even more in
infrastructure. Times were quite difficult for innovation.
Today there are multiple cloud providers which allow startups and large organizations to
rent “servers,” or rather computing capacity, on a per-second basis and to drop unnecessary
capacity in a few clicks. However, cloud providers are dominated by a few large players.
There is a risk of the whole server hosting market being consumed and dominated by them.
This will inevitably lead to lowered competition, price increases and dangerous
centralization of power in the hands of a few.
We present a solution which will help individuals, hosting providers, companies owning
unutilized datacenters and “ex-cryptocurrency-miners” to get worldwide reach within
...

Contents
Abstract ......................................................................................................................... 2
1. Introduction............................................................................................................ 5
1.1. Why is the cloud ready for major disruption?................................................. 5
1.2. Cloud ............................................................................................................ 5
1.3. Cryptocurrency Payments .............................................................................. 6
1.4. Decentralized blockchain apps....................................................................... 7
1.5. Note on decentralization ................................................................................ 8
2. Enter the Unchainet platform .................................................................................. 8
2.1. Unchainet for Providers .....................................................................

4.1.1. Quality parameters .................................................................................. 22
4.1.2. Quality rating process.............................................................................. 23
4.1.3. Participant and Voter lists........................................................................ 23
4.2. Main “UNET” chain .................................................................................... 24
4.2.1. Consensus algorithm - Proof of Beneficial Work ..................................... 25
4.2.2. How does Proof of beneficial work stand to avoid Sybil attacks? ............. 26
4.3. Computing Rental Blockchain App.............................................................. 26
4.4. General Blockchain Apps (decentralized apps, dApps)................................. 27
4.4.1. Example blockchain apps: Comparing Ethereum and Unchainet platform 28
4.5. Development phases .................................................................................... 30
4.5.1. First...

1. Introduction
1.1. Why is the cloud ready for a major disruption?
In 2006 Amazon Web Services started with then new business model of public cloud. With
the promise to convert high capital expenditure of businesses investing in private data
centres into operational expenditure, it was a revolutionary concept. Businesses simply
didn’t have to invest tens of thousands of dollars upfront into an infrastructure with a high
risk of losing the investment. Instead, they could run their workloads for a fraction of the
cost on an hourly basis. It was truly a remarkable shift enabling innovation. Shortly after
that Microsoft, Google, IBM and other large players entered the field and started to lure
small and large businesses into their platform.
However, in 2018 we see the original promises of lower costs not becoming true anymore.
Cloud companies are bringing large profits and companies which were originally bullish
on the cloud transformation are pulling back as they realize it is no longer profitable....

service and pricing based on their needs and allows Unchainet to serve even mission-
critical workloads on the high-quality nodes.
Clients can purchase computing resources in the same way they are familiar with on current
cloud platforms. Unchainet MVP will focus on spot instance pricing (or pre-emptible VMs)
which is an auction-based platform where clients bid to use resources and can use them
until higher bidder comes in. In later phases, we will introduce guaranteed per-minute
pricing and long-term bookings.
The optimal use cases for bidding platform and lower quality nodes are workloads
involving large-scale computations with frequent state commits. These tasks don’t suffer
from sudden shutdowns as clients design their computations to save progress frequently.
Example tasks are research computations, deep neural network training or 3D and video
rendering.
Higher quality tasks are standard longer-term resource allocations where high availability,
durability, and security are important. ...


Capacity – currently, bitcoin can only handle 3-4 transactions per second.
Compared to Visa which makes up to 24000 transactions per second
7
, there is a lot
of room for improvement

Energy cost - in the early bitcoin days it was possible to run bitcoin software on
personal computers. Today, to process the aforementioned 3-4 transactions per
second, the bitcoin network requires large specialized computer farms which
consume as much energy as a small country
8

Decentralization – the original idea of bitcoin as a decentralized currency is now
endangered by large mining pools who have power over bitcoin decisions and can
sabotage the future development of the network as a whole
9
While we love the original idea of bitcoin being a decentralized payment platform, there
are clearly too many shortcomings to make it viable as an everyday transaction platform.
Unchainet addresses these issues in the following way:

Transac...

platform and enjoy high transaction speed as well as they can choose a storage mechanism,
consensus algorithm or usage of any programming language.
Ethereum, Neo, and Golem have similar goals - to create a worldwide computer capable of
being a platform for decentralized apps. From our perspective, all of them share a large
disadvantage. They are creating new, untested technologies for problems that have already
been solved like storage, networking, and computing resource allocation. We believe the
best alternative is to use existing, proven open-source technologies (like OpenStack and
Kubernetes) and modify them to intersect with the blockchain only where payments,
identities (personal data), and voting is involved.
1.5. Note on decentralization
Unchainet provides software for cloud and hosting providers which allows them to
participate in the verified network and rent their computing/storage/network capacity to
Unchainet clients. Small amounts of provider capacity are set aside and used to power t...

2.1. Unchainet for Providers
Compute providers install the Unchainet platform on their hardware. Installation is
recommended on bare-metal, but the platform can be installed on virtual machines in
existing environments.
The platform allows providers to allocate all or partial resources to be available to the
network.
When initial setup and allocation is completed, providers receive a unique ID on the
network and start collecting reputation (quality score). Reputation is determined by
constant checks from peer nodes. They monitor availability, network throughput, latency,
and also ask for various checksums and puzzle solving to verify that the software running
on the node is genuine and not tampered with.
When a node consistently delivers good quality, it’s selected into a closed pool of approved
nodes which can be elected to propose and verify transactions on the network. Higher
quality and presence in the blockchain network gives better returns to providers so they are
motivated to...

UNET Roadmap

1
November 2017
Research; Building the team; Whitepaper and console demo; Strategic partnerships.
2
April 2018
MVP, UNET pre-sale.
3
Q3 2018
ICO, Cloud platform GA.
4
Q4 2018
Blockchain Launch.
5
Q2 2019
Network and quality growth.
Roman  Mandryk
Roman Mandryk Founder, CEO

David  Kvas
David Kvas Founder, CTO

Martin  Jones
Martin Jones Blochain Lead Developer

Marko  Haulis
Marko Haulis Business Consultant

Martin  Torok
Martin Torok React Lead Developer

Robert  Luong
Robert Luong UI/UX Designer

Stepan  Hilbert
Stepan Hilbert System Engineer

Matt  Fuchs
Matt Fuchs Chief Growth Officer

Justin  Chevalier
Justin Chevalier Community & Business Manager

Andrey  Mikhaylov
Andrey Mikhaylov Full Stack Developer

Omar  Hannoun
Advisor Omar Hannoun ICO Strategy Advisor

Zennon  Kapron
Advisor Zennon Kapron Business Development Advisor

Mo  Hamdouna
Advisor Mo Hamdouna Marketing & PR Advisor

Wayne  Jasek
Advisor Wayne Jasek Business Development & Strategy

David  Havrlant
Advisor David Havrlant Crypto-economy Advisor

Petr  Safranek
Advisor Petr Safranek Financial & Tax Advisor

Giovanni  Casagrande
Advisor Giovanni Casagrande ICO Advisor

Iurii  Znak
Advisor Iurii Znak B2B Marketing Advisor

Nicholas  McDowell
Advisor Nicholas McDowell Blockchain Tech Advisor

Denis  Mikhalkin
Advisor Denis Mikhalkin Cloud Tech Advisor

Andrey  Mikhaylov
Andrey Mikhaylov
Full Stack Developer
Full Stack Developer
Full Stack Developer
David  Havrlant
David Havrlant
Crypto-economy Advisor
Crypto-economy Advisor
Crypto-economy Advisor
David  Kvas
David Kvas
Founder, CTO
Founder, CTO
Founder, CTO
Denis  Mikhalkin
Denis Mikhalkin
Cloud Tech Advisor
Cloud Tech Advisor
Cloud Tech Advisor
Giovanni  Casagrande
Giovanni Casagrande
ICO Advisor
ICO Advisor
ICO Advisor
Iurii  Znak
Iurii Znak
B2B Marketing Advisor
B2B Marketing Advisor
B2B Marketing Advisor
Justin  Chevalier
Justin Chevalier
Community & Business Manager
Community & Business Manager
Community & Business Manager
Marko  Haulis
Marko Haulis
Business Consultant
Business Consultant
Business Consultant
Martin  Jones
Martin Jones
Blochain Lead Developer
Blockchain Lead Developer
Blockchain Lead Developer
Martin  Torok
Martin Torok
React Lead Developer
React Lead Developer
React Lead Developer
Matt  Fuchs
Matt Fuchs
Chief Growth Officer
Growth Hacker
Chief Growth Officer
Mo  Hamdouna
Mo Hamdouna
Marketing & PR Advisor
Marketing & PR Advisor
Marketing & PR Advisor
Nicholas  McDowell
Nicholas McDowell
Blockchain Tech Advisor
Blockchain Tech Advisor
Developer
Blockchain Tech Advisor
Omar  Hannoun
Omar Hannoun
ICO Strategy Advisor
ICO Strategy Advisor
ICO Strategy Advisor
Petr  Safranek
Petr Safranek
Financial & Tax Advisor
Financial & Tax Advisor
Financial & Tax Advisor
Robert  Luong
Robert Luong
UI/UX Designer
UI/UX Designer
UI/UX Designer
Roman  Mandryk
Roman Mandryk
Founder, CEO
Founder, CEO
Founder, CEO
Stepan  Hilbert
Stepan Hilbert
System Engineer
System Engineer
System Engineer
Wayne  Jasek
Wayne Jasek
Business Development & Strategy
Business Development & Strategy
Business Development & Strategy
Zennon  Kapron
Zennon Kapron
Business Development Advisor
Business Development Advisor
Business Development Advisor