The concept for creating a new internet by means of a new digital token.
All the ideas and content created for this concept are opensource and stored in this repository. A group of volunteers and the ThreeFold Foundation maintain these repositories.
Also look at the ThreeFold website.
A non for profit organization who contribute to the ThreeFold concept. Meet them at https://threefoldtoken.com/team/ The Foundation is a promotion and coordination organization.
The ThreeFold Grid is a new, global neutral and sustainable network of IT infrastructure. On this Grid, IT capacity is indexed registered on the TF Chain for easy discovery by purchasers.
This Internet capacity is produced and allocated locally - similar to the way electricity and other utilities are purchased today. This allows any digital service or application provider to host their services and applications in proximity to the end user leading to significantly greater performance, a lower price point and better margins. This is both more cost effective and green.
The ThreeFold Token is a digital Token which allows anyone to buy and sell IT Capacity on the TF Grid. This token only gets issued by the TF Chain if a TF Pool gets connected to the TF Grid.
The TF Chain can issue a maximum of 100 billion tokens.
The blockchain technology as used by the ThreeFold Grid. This blockchain technology is used to
see the following github repos
The ThreeFold Operating system is the software which makes it possible to convert any pool of hardware to become an ultra efficient pool of resource for the ThreeFold Grid.
Units of IT capacity as sold from the TF Grid to Users. More info see here
A Pool of storage & compute hardware which allows to provision IT Capacity.
Each Farming Pool consists out of TF Nodes which run the TF Operating System and TF Blockchain Software (TF Chain) which allows anyone in the world to use this IT capacity to host their IT workloads (storage apps, archive capacity, web applications, artificial intelligence, iOT, docker containers, etc). To use this IT Capacity, through the TF Grid, people need to own ThreeFold Tokens (“TFTs”) as they are the only possible mechanism to purchase this capacity on the TF Grid. As such, TFTs represent a true utility.
A ThreeFold Farmer is any organization or person who invests in a ThreeFold Farming Pool and connects this capacity to the ThreeFold Grid.
As a result of Farming, i.e. creating additional capacity, ThreeFold Tokens are automatically created by the ThreeFold Chain.
Farmers can cultivate both managed and/or unmanaged capacity.
Farmers receive TFTs
Most TF Farmers use a ThreeFold Cooperative to become active because it hugely simplifies the process and gives them often better pricing to purchase the Farming Pool as well as connecting the Farming Pool to the internet.
The ThreeFold Farmer is the only party who owns the TF Farming Pool.
Any organization who helps a TF Farmer to become active on the TF Grid.
A Cooperative can supply any or all of following services.
Unmanaged IT Capacity can exist everywhere; in people’s home, in mobile telephone masts, in utility cabinets, next to railways or motorways, anywhere where internet lines meet electrical outlets, any IT Hosting or Datacenter Facility. This capacity is deployed to the TF Grid and has no people involved to manage its operations (apart from the physical and network aspects). Farmers have no access to the TF Nodes purchased. They can only use the capacity produced in the exact same way as any other user, i.e. through the TF Chain, in a secure private and neutral way, equally applicable to all.
Unmanaged capacity provides the following 3 basic services
These basic services are ordered through the TF Chain only. SLA's (service level agreements) cannot be be guaranteed on Unmanaged Capacity and as such not registered in the TF Chain.
Managed capacity is capacity that sits in a datacenter or other controlled environment where people operate and maintain supervision of the capacity connected to the TF Grid and published in the TF Directory. SLA (Service Level Agreements) are provided on this capacity like uptime, guaranteed bandwidth, response times, ...
TF Farmers have access to the TF Nodes and to the GIG Tech Management Software around it.
Features Only Available In A Managed Capacity Farming Pool
GIG Tech software provides additional capabilities for a Managed Farming Pool:
A TF Farmer or TF Cooperative needs to have an agreement with GIG Tech in place. GIG Tech will supply the required software to allow the TF Farmer or TF Cooperative to connect this Managed Capacity to the TF Grid.
The Company has been defined on the contract who refers to this document but can be any of the following:
The Product is the ThreeFold Token or any service related to the ThreeFold Grid which can be bought by The Purchaser. The Product has been defined on the contract who refers to this document.
Is the person or company or organization who buys The Product from The Company
The software company who created the software enabling the ThreeFold Grid. GIG Tech is selling additional services and software to allow any TF Farmer to create a Managed Capacity Farming Pool.
A software application which allows anyone to consult how many TFTs they own and to make transfers of TFTs to other parties. The TF Wallet works together with the TF Chain.