Dispatch is the blockchain protocol to leverage on-chain smart contracts to manage distributed storage of application data off-chain.
The Dispatch network runs on a global network of farmers hosting and distributing data on behalf of the uploaders who added them to the network, making it a de-facto CDN.
The Dispatch uploaders can leave their content with as many farmers as they see fit based on the size and demand of the file. And since there’s not just one company to set the price of the file hosting, the farmers are actually bidding against each other to host the files for the lowest possible price.
The Dispatch Virtual Machine (DVM) is based on the Ethereum Virtual Machine. Artifacts and nodes are tracked using a Kademlia distributed hash table (DHT) similar to Storj and IPFS.
All these pieces work together with off-chain operability protocols developed by Dispatch Labs to create a system with more expansive Dapp functionality than any before it.
The Dispatch ledger maintains the state of all the accounts using the network. This common state can be updated by sending transactions. Consensus is established with a Delegated Asynchronous Proof-of-Stake algorithm, where each delegate is responsible for their own chain of transactions and consensus is reached asynchronously via gossip-like message passing.
|ICO token supply||10,500,000,000|
|Hard cap size||39,900,000 USD (fiat)|
|Additional Token Emission||No|
42% - ICO
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