Market.space: A decentralized host aggregator system for data storage and transmission and direct content distribution

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Introduction

Authorities believe that there is a clear trend of cloud storage market growth. Its value in the near future will increase to one hundred billion dollars. Today, networks around the world use about four billion users. And forty percent store their data in the cloud. Currently there are safes made using blockchain technology. However, while security and price indicators are clearly not in proportion.

Most cloud storage is centralized. This means that the data will be hosted on the same server. Information is not always encrypted. Therefore, it is not difficult to steal it. Therefore, there is a need to introduce decentralized systems and advanced encryption methods that provide unprecedented reliability. Only senders and recipients of information are entitled to full access to the file. This approach fully guarantees the absolute level of security. Anyway, no one can steal a file or change it.

What is Market.Space?

Market.space is a self-regulatory, decentralized host aggregator system for data storage and transmission and direct content distribution. This system serves as a market where the mechanism of price exchange and unlimited number of participants underlies profitability. It is a highly transparent and completely secure platform for functions like direct content distribution. It receives tokens from leading blockchain storage projects such as STORJ and Sia Tech. It offers a completely secure transparent platform and storage platform. It does not involve rules, commissions or security threats. Contractors involved in this system are paid. Market.space helps to overcome the limitations of modern block-based and cloud-based data storage systems.Again, Market.space is building data storage options. It not only provides you with an information storage option but also provides you with a storage service as well. The one-of-a-kind major selling factor of this service is that it will surely give you the hold of solutions and data storage solutions at very low cost. As a result, you will be able to easily organize your site easily.

Since this will be done through a distributed system, you can be sure that any kind of lag on some servers will not affect your website. At the same time, scalability can be solved quickly. When scalability can be easily achieved, you can be sure that any additional load / traffic on your internet site will definitely not adversely affect your website. The site's active time will be very good as well.

Features Market.Space

Reliability

Because the system uses decentralization, the system ensures high fault tolerance. This is particularly useful in cases of vulnerability to DDoS attacks.

The system uses a guarantee of contractor's responsibility for insurance deposits.

Metrics metrics-based valuation systems allow contractors to fulfill their commitments while providing contractor choices.

This system involves saving delegated data for experienced hosting providers.

Anonymity

This system ensures no disclosure of the identity of the participants as there is no centralization involved.

This system has been designed and designed as a zero knowledge system.

Each link in the system is an encrypted part of the file. The system is temporary because only the uploader and the downloader can access the file.

Affordable

No fixed pricing system is in place. Because it serves as a market, the price is affordable.

Customers do not have to pay a fixed amount. Payment is only for the time and storage actually used.

This system can work with an unlimited number of participants. So this is a market that works on supply and demand systems. Since there is no analog service involved, the service is very affordable.

Autonomy

The system is independent of international and local regulations and legal norms related to data transmission and storage.

Security

This system works on distributed ledger systems.

Encryption is done at all stages. This system uses a proxy or a proxy chain.

Transmission of participant data involved is paid.

This involves file encryption being done in two parts, thus ensuring data security.

Environmentally friendly

The use of professional hosting providers as a substitute for consumer devices makes data transmission more efficient.

The presence of professional equipment provides an efficient power ratio consumed for the volume of stored data. Overall CO2 emissions are reduced globally.

It also makes all operational costs effective.

How does it work

The Market Room has raised some issues with the data storage system in use today. For example, centralized storage services such as clouds are vulnerable to hackers and thefts. There is also disagreement in terms of certain service charges.

Meanwhile, decentralized storage systems can help limit security issues, but data is not always easily accessible on demand. Consumer devices are also vulnerable to corruption.

The Space Market believes it has the potential to address this problem by combining Blockchain technology with professional hosting providers. Essentially, Market Space acts as a host aggregator, so only owners and recipients can access files that are safe, affordable, and reliable.

The Space Market website outlines the following 8-step process:

Contracting parties make a deposit.

Customers send storage requests with details such as file size and storage duration.

Some hosts responded by bidding.

The best deals are made.

Customers can choose one or more host and pay.

The host accepts payments and sends the client a URL to upload the file.

The customer uploaded the encrypted file with the private key and sent it to the server the host selected by the customer.

Neither the customer or the third party to whom the customer grants access to the file can download the file with the key.

Market.space aims to create a highly reliable and secure, yet cost-effective data storage system. Market.space brings together professional hosting providers in one place where customers can easily approach them and select contractors at the best possible prices and ratings.

Sales Token

The sale of the Space Market Token begins on March 26 and lasts until May 6th. MASP tokens are rewarded with a minimum contribution of $ 35 to $ 0.35. There is no limit to how many people can invest during ICO. The Market Room has set a soft limit of $ 15 million in token sales and a fixed cap of $ 50 million. Token will be commissioned about two weeks after the end of ICO on May 6th.

Token Sales Structure:

Starting from Token Sale April 16, 2018 (11:00 GMT)
End of Sale Token May 27, 2018 (11:00 GMT)
Platform: Ethereum
Price: 1 MASP (Token) $ 0.35
Soft Cap: $ 15,000,000
Hard Cap: $ 50,000,000
Minimum contribution: $ 35
Maximum contribution:
Unlimited Money approved: ETH, ETC, BTC, BCH, LTC, DASH, Siacoin (SC), STORJ, Fiat currency