FAQ – DeNet

FAQ

What is DeNet?

DeNet is an ecosystem, based on decentralized data storage that brings you the WEB3. We provide users with the convenience of traditional cloud services and high level of security combined with the lowest price tag in the market. And yes, we can safely store any NFTs.

Does DeNet use its own blockchain?

DeNet does not have its own blockchain. Instead it can work on any blockchain of user’s preference. This approach is the most secure, stable, friendly way. And it is also the best price solution.

At the moment the first network of choice in the mainnet is Polygon – reliable second layer (L2) solution and autonomous sidechain that allows to make commissions so negligible that you won't even notice them.

What is DeNet.Storage?

DeNet.Storage is an innovative product, wrapped into a software package, built on top of decentralized storage with a friendly interface. It allows you to store data easily and share it only with someone you choose.

How does this technology work? How can I assure the confidentiality of my data?

When you upload any data to DeNet.Storage, the system divides it into multiple fragments that are encrypted using AES (Advanced Encryption Standard). So even if someone is able to intercepts it, any attempts to decrypt your data will fail, because the only one who possesses the decryption key is the owner of the data.

Why can’t other people access my data?

When you create an account in DeNet.Storage, you get a private key which is stored on your PC. It is necessary if you want to import your account on another PC in the future. You should never share your private key with anyone because it is used to encrypt and decrypt your data, so no one can have access to it.

What kind of data can I store?

You can store any type of data in DeNet.Storage. From this point of view it’s just like traditional cloud services, but better.

Why is the DeNet Storage price lower than in other storages?

Services like Dropbox, Google Drive, or MS OneDrive must constantly purchase and maintain server hardware to store user data. Our technology does not have such issues, which is why we offer one of the best prices on the market.

How to start?

It will take you less than 5 minutes – you just need to download DeNet Storage, create a wallet or import it, if you have one already. Full instructions are available here.

What DeNet nodes are?

Node is any PC that can provide it’s space for storing data. The PC should be connected to the Internet and registered in the blockchain network. Nodes use software that makes them available for interaction in the network and form the whole ecosystem based on decentralized storage.

Who owns the nodes that store the data?

These devices are owned by miners – people who rent out disk space of their computers and receive payments for it.

Can I become a miner without specialized equipment?

Yes, even an old computer has enough resources to connect to the network. Check out the full system requirements here.

Does it affect the environment?

Our ecosystem consists of interconnected devices that people already use, so it doesn’t increase the carbon footprint of the data storage industry. In addition, our service can give second life to unnecessary devices, which will globally reduce e-waste.

What is NFT (non-fungible token)?

An NFT is a unique unit of data stored on a blockchain. NFTs mostly associated with interchangeable and reproducible digital files such as photos, videos, and audio in the form of a cryptographic token that represents a original asset. They represent the proof of ownership, with the data outside of NFT which is the object of these rights. In other words, Tthey become the digitized versions of real world assets. NFTs serve as verifiable proofs of ownership within a blockchain network.

What are the different types of NFTs?

NFT token technology allows you to enter information into a secure blockchain that confirms the uniqueness, authenticity and ownership. Thus, any object of the material or non-material world can be tokenized: text, picture, video, music, game item (value), character, website, discount card, and much, much more.

What is NFT storage?

This is an application in the DeNet ecosystem that allows users to securely store, view and stake their NFTs. You will be able to see the contents of the NFT, the public address it was created at, it’s price in a certain cryptocurrency and the amount of reward earned.

How can I save my NFT data?

Today there are two options for storing NFTs: centralized or decentralized. Centralized NFT storage is more common in the market at this time. However, centralization has clear drawbacks. The centralized server can be compromised or crash, and your NFT data will be lost. In fact, your NFT is controlled by someone else.

Decentralized NFT storage is a more reliable solution. The data is divided into many parts and stored on different nodes, but not stored entirely on one server. At the moment, such services already exist, however, many free-of-charge decentralized solutions have disadvantages: low access speed and lack of privacy.

What is the advantage of DeNet NFT Storage over existing solutions?

DeNet NFT Storage operates on a decentralized network where nodes are rewarded for storing data. The more nodes we have the faster storage network functions. With the help of such node incentivization, the network works better and provides fast access to files.

Talking about privacy: in DeNet NFT Storage, no one but you can get data from your NFT. You can also add a watermark to your NFT as a protection from unauthorized visual copy.

Will anyone else have access to manage my NFT in DeNet NFT Storage?

Only you have access to your NFTs since only you own the private key to access the data. Even the NFT Storage developers do not have access to it. Never share your private key with anyone.

What types of NFTs are supported?

NFT Storage currently supports tokens that implement ERC721.

What networks are supported?

Ethereum, Polygon, Binance Smart Chain (and many more will follow).

Which networks show the NFT value and the history of token transfers?

So far, Ethereum only. Other networks will be added in next updates.

Contact us
[email protected]

Media Inquiries, partnerships
and general inquiries


[email protected]

Questions, jobs and CVs
2022
© DeNet. Decentralized network.  All rights reserved