FAQ – DeNet

FAQ

What is DeNet?

DeNet is an ecosystem, based on decentralized data storage that brings you the WEB3. We give the users the convenience of regular cloud services and high level security 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 run on any blockchain of user’s preference, that is most secure, stable, friendly and is the best price solution.

At the moment the first network of choice in the mainnet is Polygon – secure 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 that allows you to store data easily and share it only with the ones you want.

How does this technology work? How can I be assured in confidentiality of my data?

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

Why can't my data be accessed by 3rd parties?

When you create an account in DeNet.Storage, you are assigned a private key which is stored on your PC. It is used 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 be stored?

Any type of data can be stored in DeNet.Storage. In this sense it’s just like regular cloud services, but better.

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

Services like Dropbox, Google Drive, or MS OneDrive must continually 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 are DeNet nodes?

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 distinctive asset. They are in effect the proof of ownership, with the data outside of NFT which is the object of these rights. They are, in a way, digitized versions of real world assets. They function 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 on the Internet; discount card; and much, much more.

What is NFT storage?

This is a function of the DeNet ecosystem that allows users to securely store and view 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.

What options for storing NFTs are there?

Today there are two options for storing NFTs: centralized or decentralized. Centralized NFT storage is more common in the market at this point of time. However, centralization has clear drawbacks. The centralized server can be compromised, or it crashes, and your NFT is lost. In effect 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, there are already services that store NFTs in this way for free, however, many free-of-charge decentralized solutions have disadvantages: slow access and lack of privacy.

What is the advantage of NFT Storage over existing solutions?

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.

In regards with the privacy: in NFT Storage, no one but you can get data from your NFT. Also, for third-party users who download your NFT, you can optionally enable / disable a watermark for visual copy protection.

Will anyone else have access to my NFT in 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
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[email protected]

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R&D Office
Russia, Tatarstan Republic, Kazan, Universitetskaya St. 11
2022
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