The Blockchain Magic: Φ Free Anonymous Internet

The Blockchain Magic: Φ Free Anonymous Internet

A group of developers has tapped the key advantages of the block chain – anonymity and decentralized information – and married them with the expansive content sharing power of the Internet to offer a Free Anonymous Internet (FAI). To signify the uniqueness of this FAI system, the developers have designated it as “Φ.”

Block chain technology makes the self-supporting of a peer-to-peer (P2P) system possible with interaction, storage, communication, accounting and currency. These are the foundations of the Internet that are running nowadays in a centralized way. Block chain technology may become the basis of a second generation Internet that enables these functions in a decentralized manner, unleashing a new level of freedom for personal and business activities.

The mission of the FAI project is to build a prototype infrastructure for a fully P2P-based Internet, giving ultimate freedom and anonymity. With the FAI framework and API, all existing Internet services can be built on this system in a P2P way. The Φ database system is based on block chain technology.

The Φ system is designed with an Infrastructure-API-Applications framework. This framework enables plug-and-play of unlimited new applications. Serverless dynamic websites become possible, which is what Φ is all about.

Φ is now available for all who want to venture into the realm of anonymous content sharing, including (but not limited to) browsing, messaging, marketing, currency management (including a cryptocurrency wallet) and cryptocurrency mining.

How The Φ Network Works

The Φ network has no centers. Every node in the Φ network is equal. Users can communicate point-to-point or broadcast and relay Φ information.

Because of the cascade spreading of Φ information in the Φ network, there’s no way to block, censor or modify Φ information. It is also extremely difficult to track the origin of Φ information.

No Φ information can be deleted, because every node in the Φ network has a full copy of the Φ database.

Any digital device can join the Φ network by following the basic Φ network protocol. Many kinds of apps can run on the Φ network, even without a server.

There’s always only one valid version of the Φ database in the network while many node/digital devices keep a full copy of it.

True ‘Decentrality’

Φ information goes into the Φ database after Φ miners confirm it. The database requires a digital signature from the sender of the Φ information so that no one else can modify the Φ information, i.e., the Φ information will be stored in the Φ database as what it is forever.

Because of the “decentrality” of miners, there’s no way to block any valid Φ information going into Φ database.

Because everybody has exactly the same copy of Φ database, there are no ways to know what data a user has browsed. Ultimate anonymity is ensured.

The Φ database is open for any kind of digital information, including not only text, image, and video, but also programs, settings, operation commands, etc.

Φ Currency Based On Bitcoin

The Φ currency system is based on Bitcoin technology. The Φ currency is published and distributed independently on the Φ system. It has no relationship with traditional currencies, so it’s independent of any traditional banking and financial system.

Any Φ account can receive and send Φ currency. Naturally, the Φ currency system inherits the freedom and anonymity of the Φ account.

A unique advantage of the Φ currency system is that the currency transaction is processed together with information and operation commands on the Φ system. It is easy for merchants or app developers to integrate currency functions into their programs.

Key Φ Advantages

The key advantages of Φ are:

  • Ultimate freedom. Content can NEVER be deleted, locked, modified or censored. Once published, it is accessible from anywhere.
  • Ultimate anonymity. No real world personal data is needed. The footprint is untraceable.

The main functions of Φ are publishing information and browsing. For every transaction output, Φ adds a content field, enabling contents to publish to the Φ block chain.

Publishing content on Φ does not need any registration as with a centralized website or mobile app. The content is uncensored. No one can delete or modify content, including the publisher once the Φ network confirms the content.

All information on the Φ block chain remains public to every Φ browser. But browsing on Φ leaves no trace of the information that has been browsed because every peer has a full copy of the whole block chain.

A Truly Open Network

Since every piece of content has a publisher address – a public key – it is possible for anyone accessing the content to post to it.

A home page on Φ actually works as a decentralized Facebook or twitter account since all content published by an address is listed.

Anonymous Chatting

Φ enables anonymous chatting by AES encryption with a shared-key derived from the sender’s and receiver’s keys. Since the message is relayed by the Φ network, there is no direct connection between the sender and the receiver. Meanwhile, similar to publishing contents, sending or receiving a message on the Φ system does not require registration. Hence, the Φ messenger keeps the highest possible anonymity.

Decentralized Commerce

As for commerce, Φ shop is the first in history that carries the information flow and cash flow in the same system. A user can publish any product, receive any order, and even receive payment in real time with the same Φ account.

The Φ accounting system is based on asymmetric cryptography, specifically, ECDSA technology

Each user can create a unique Φ account by himself/herself. A Φ account is a private key – name key (public key) pair. Namekey represents the Φ account and digital signatures signed by private key proofs the control of the Φ account and triggers digital operations.

A Φ account is fully owned and controlled by the user only. No website, organization, or government is able to access Φ accounts.

The absence of any link between a Φ account and real-world personal information ensures ultimate anonymity.

The Φ account is free. The zero cost to create, possess, use and abandon as many Φ accounts as needed ensures ultimate freedom.

Φ accounts are compatible with all kinds of digital systems and are easy to implement. “One account for any app” will become true in the near future.

Decentralized Domain

A Φ domain is similar to ICANN domains, but without any central registrar. A Φ domain has more freedom and flexibility, as can redirect to a Φ ID, a Φ link or even a normal http link.

With a Φ domain, an avatar, an alias or an intro can be set to an account in a manner that is more user-friendly than a clunky IP address.

Users can receive Φ coins by setting up a Φ account.

The Φ wallet includes basic wallet functions like balance and transaction history.

By contributing computing power to help confirming transaction on the Φ network, a miner will receive a transaction fee as an incentive.

The Φ system includes a standard web browser which functions as a normal browser.
Other Φ features include:

  • Weighted multisig: Multisig is enhanced by adding signature weight to each address.
  • Block chain link: A link points to any content on the block chain, identified by block height, nTx and nVout.
  • Vout lock time: Each vout has individual lock time.
  • Mempool entrance threshold: When the mempool is full, it enables an entrance threshold of fee rate.
  • Mempool tx override: When a tx is stuck in mempool without enough fee to be collected in new blocks, the sender or receiver can add a fee and override the old tx.
  • Off chain service: More centralized service such as off chain instant messenger and cloud storage can develop in the near future.
  • New POW hashing algorithm: A new algorithm incompatible with Bitcoin or Litecoin ASICs.

There is currently a Windows version available for downloading. To avoid alt-coining, source code will be published after its user number reaches 1000.

To take advantage of the promotion, send your Φ address to [email protected] to get free 10 Φ coins which allows publishing of 10KB long content to the Φ block chain.

Website: http://www.f-a-i.net/


Related News

Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO

On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active wallets, and the following day the team announced the DAO roadmap. The Magic Ticket Airdrop and DAO According to the developers of the Solana-based Magic Eden NFT marketplace, a DAO is in the making and the fundamentals behind the change. The team detailed that it started distributing....

Magic Internet Money token depegs as Terra (LUNA) domino effect persists

Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli. Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1 value amid an untimely crypto winter. The sudden de-pegging of the MIM token commenced roughly on June 17, 7:40 pm ET, which saw the token’s price drop to $0.926 in just three hours.Terra’s LUNA and TerraUSD (UST) death spiral not only affected the investors....

Hacker Group Anonymous Vows to Disrupt Russia’s Internet — RT Websites Become...

The international hacktivist collective known as Anonymous has vowed to attack Russian government websites over the recent Ukraine invasion. So far Anonymous says that it hacked the Russian Ministry of Defense database and various state-operated television channels in Russia. Additionally, a spokesperson from Russia Today (RT) said that after Anonymous’ recent statement, RT websites were inundated with DDoS attacks. Anonymous Aims to Laser-Kill Russian Government Websites The decentralized international collective Anonymous wants to troll Vladimir Putin and the Russian....

Bitcoin: Magic, Fraud, or Sufficiently Advanced Technology?: Part I

Arthur C. Clarke's third law famously states: "Any sufficiently advanced technology is indistinguishable from magic." What Bitcoin makes possible can at first seem almost magical, or just impossible (and therefore most likely fraudulent or otherwise doomed). The following describes the basic technical elements behind Bitcoin and how it brings them together in new ways to make seeming magic possible in the real world. Clarke's second law states: "The only way of discovering the limits of the possible is to venture a little way past them into the impossible." And this, we can see in....

Dragon War is Bringing the Most Exclusive NFT Collections to Magic Eden

NFT strategy game Dragon War has confirmed a partnership with Magic Eden, Solana’s fast-growing NFT marketplace. As part of the deal, the play-to-earn project will make Magic Eden its preferred INO launchpad, with 5,000 non-fungible tokens (NFTs) set to go live on the site on May 16, 2022. For the past several weeks Dragon War […]