PKT is an open source project focused on decentralizing access to the internet and helping the next billion people get online.
The PKT Network is growing to become the fastest, global internet service provider (ISP), powered by the people, instead of paying a traditional ISP for internet access.
PKT uses PacketCrypt, the world’s first bandwidth-hard proof of work. When you connect your home or office internet to the PKT Network, you earn PKT Cash (PKT).
PKT mining does not require permission from a centralized company. Miners power the network in a decentralized way, which scales to provide low cost, high speed internet access worldwide.
The PKT ecosystem aims to solve the problem of internet access monopolization by ISPs. The community is incentivized to build the roadmap to support this mission.
20% of every mined block is paid to the Network Steward, which transparently provides grants to build open-source technology, or the funds are burned every 90 days.
VPN
Get VPN access for free and only pay for bandwidth speed when you need it.
Monetize Bandwidth
Convert unused bandwidth into revenue and power the PKT Network from any compatible hardware.
WiFi Sharing
People can share and enable encrypted access to the internet without requiring an ISP.
PacketCrypt is the world’s first bandwidth-hard proof of work. This technology incentivizes miners to increase bandwidth upload and download throughput. PKT technology favors increased bandwidth over CPU power, rewarding people who connect high-speed infrastructure to the network.
PacketCrypt utilizes two distinct stages: announcement tech and block tech. Any internet-connected device can mine PKT Cash by uploading small, difficult-to-compress (1KB) messages called announcements to block miners. Block miners seek to get a discount on the difficulty of the work they must do, and maximize the number of announcements in each block by fairly paying announcement miners in PKT Cash to keep them supplied with fresh announcements. Optimal technical results are achieved through cooperation between miners.
PKT is an extension of the cjdns mesh networking protocol, launched by PKT Lead Developer Caleb James DeLisle in 2011. Cjdns solves several weaknesses with internet functions, such as data privacy, the need for decentralization, and optimized, efficient routing.
Cjdns provides anyone with an IPv6 address, which enables people to gain access to the internet through a Cjdns gateway without directly requiring a centralized ISP. This is the basis for a global mesh network in which anyone can share their internet and become an internet service provider (ISP).
Free VPN, Only Pay For Speed
The PKT VPN is built to connect to, send, and receive traffic through the cjdns network. PKT VPN enables users to get a base-line VPN for free, and pay for speed using microtransactions with PKT Cash.
VPN server administrators will register as a public PKT VPN, accept client connections, and route VPN traffic through the PKT network. Users can browse a list of VPNs, select the best VPN based on location and bandwidth load, and surf the internet from behind a PKT VPN exit node. VPN creates utility for the PKT Network and offers financial incentives in addition to PKT Cash technology.
TLC transaction. This is a scalable solution that fosters unlimited marketplace potential, including a decentralized bandwidth market, and sets PKT apart from every other layer 1 blockchain in the world
Edge Points are devices that are operated by an individual or business and maintain a network connection to the PKT Network. Edge Points will tokenize their bandwidth using TokenStrike and sell tokenized bandwidth to Cloud ISPs to broker connectivity for real customers. Edge Point technology will interface with PKT VPN and evolve to facilitate mesh network access points to the internet.
The first stage Edge Points are PKT Cubes, sold by PKT Pal, which monetize home or office bandwidth and will provide VPN access, when PKT VPN is live. Subsequently, Edge Point owners will choose to monetize bandwidth once the TokenStrike protocol starts minting tokens. As users allocate bandwidth from their local internet connections, this builds a global, decentralized edge network, by the people, for the people.
A Cloud ISP is a hybrid between a traditional ISP and a VPN provider. Cloud ISPs aggregate and broker Edge Point tokenized bandwidth leases, facilitate software-defined networking, and oversee the administrative roles of internet service for customers.
The Cloud ISP system is designed to manage two virtual assets: the virtual router lease and the bandwidth lease. A virtual router lease has a right to resources within the routing device for a limited time period. The bandwidth lease provides a minimum bandwidth link guarantee between two physical routing devices for a specific time period. The result is the PKT Network: an ultra-fast independent network that is connected to the normal internet and powered by people.
PacketCrypt is a bandwidth hard proof of work, which means it requires lots of bandwidth to mine. Miners collaborate with one another by sending small messages (called Announcements) and the sending of these messages requires a large amount of bandwidth.
Miners who are working in collaboration with one another are members of a mining pool, therefore, all mining in PacketCrypt is done in pools.
PacketCrypt mining is split into two distinct stages:
Announcement Mining - Using your CPU to create Announcements
Block Mining - Collecting Announcements from Announcement Miners and using them to mine blocks
Block mining is typically done at the mining pool's datacenter; however, announcement mining can be done from anywhere.
There are a number of options available when it comes to installing the PacketCrpyt announcement miner. Choose whichever best suits your technical ability:
The Pkt.World wallet is the easiest way to store your PKT cash and start mining
PacketCrypt is a bandwidth-hard proof-of-work mining algorithm. The way this works is that the announcement miner creates a proof of work using the CPU, and uses bandwidth to transport this work to the pool infrastructure, which then validates the work and uses it to mine the blocks.
PacketCrypt announcement mining uses a lot more bandwidth than most other mining algorithms, but in the end, it is still your CPU that has to produce the work. The amount of bandwidth used depends on how much work your CPU can produce on the difficulty level set by the first pool in your miner command (a higher difficulty results in less bandwidth), and is multiplied by the number of pools.
Note that the amount of bandwidth does not necessarily correlate with profitability, as some pools provide higher rewards for more difficult work. Despite sometimes generating little bandwidth on a single miner, the total bandwidth required for the PacketCrypt mining network is currently over 100 Gbps!
Can I mine using my GPU?
While there has been a lot of talk about people having GPU miners, and even reports of people selling GPU mining software, no such software has actually been published. Be careful when trying to invest in such software, as it might be a scam promising unrealistic yields.
Pkt.World Wallet and Miner is the easiest way I've found to get up and running, and it doesn't tax your PC much at all! I've been mining off and on for less than a year, and I've got close to 1000 coins.
Get the wallet & Miner PktWorld here:
Captive portal for businesses
If you're a business, you would probably benefit from the PKT PAL Product Line, which also allows you to collect customer data and earn from it, along with mining features.
PKT Pal’s products make it easy for businesses and opportunistic individuals to generate income by sharing high quality internet access.
The Open Mesh wifi system lets you share wifi without requiring a password, collect customer data, charge users when they need faster speeds, brand your captive portal, and so much more! All traffic goes through a built-in VPN so privacy is secured for both the provider and the users. Together, we can connect the world.
Cube 1E
The Mini provides an affordable way to capture guest data and earn revenue by sharing wifi.
16 Core PKT miner, Open Mesh Wifi Sharing System,
Privacy Enabled with Built-in VPN
- High yielding PKT miner with a Ryzen 9 5050x CPU.
- Earns up to $100 per month from wifi sharing.
- Wifi 6E enabled for ultra fast wifi sharing speeds.
- includes afree Edge Extender antenna to extend 10,000 sq. ft. of coverage.
- Privacy is secured by end-to-end encryption and built-in VPN
- Easy setup and income management from your mobile phone
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The information provided through this work is intended solely for educational purposes and must not be treated as investment advice.
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