What Is Point Network(POINT)?
Point Network is world’s first full Web 3.0 implementation, also known as decentralized internet. Tor, Bittorrent, Bitcoin, Ethereum – all these projects were stepping stones on the way to the Holy Grail — decentralized internet, also known as web 3.0. Open for everyone, censorship-resistant, permission less, privacy-oriented internet with programmable money built right in.
Point Network Coin are not there yet. There are many projects calling themselves “web3”, but they still use:
- centralized domains which can be taken away by domain registrars
- centralized storage which can and does get censored by cloud providers
- and browser extensions like Metamask which can be pulled by extension stores at any moment.
Point Labs has invented and built Point Network, the first of its kind network which decentralizes every major component of the legacy internet: decentralized domains, decentralized storage, decentralized identities. Which makes this architecture censorship-resistant and mass-surveillance-resistant, and capable of finally fulfilling the dream of a fully decentralized internet, Web 3.0.
How can you start using Point Network?
Click Download Alpha, download Point Browser for your operating system, generate your seed, register your web3 handle, and you’re good to go. Many users have found the experience very easy, but should you have any questions, you can always ask in Telegram group or on Discord.
Which chain(s) will Point Network support?
Point Network launched on September 1, 2022, on its own, L1 (Layer 1) Proof-of-Stake chain called Point Chain, based on Evmos technology (which, in turn, is based on Cosmos, which, in turn, is based on Tendermint), with POINT as its native token. However, because Point is not just a blockchain, but a whole software suite, they can make it support as many chains as they want.
Point Browser is multi-chain by default. This not only means that you would be able to store, receive and send Bitcoin (including via Lightning Network), Ethereum, Solana, and other tokens in your Point Wallet (while using only one seed phrase to get access to all of the wallets), but it means you can access dApps like Uniswap in a decentralized way (their UI would be on Point Chain), but the liquidity and the final transactions would happen on the original chain (Ethereum in Uniswap’s example, etc.)
What is POINT token?
Point Chain is a Proof-of-Stake chain, and POINT can be staked to be used as a collateral by validators. The approximate rewards can be seen here: https://pointnetwork.io/calculator POINT token is a utility token, meant to be used on the network, and not intended for investment or speculation purposes.
Why Point Network
Explore all the ingredients of Point Network and unlimited possibilities they deliver.
Point Browser
Just like you would download Tor Browser to get access to Deep Web, you need Point Browser, next-gen software to get access to real web3.
Decentralized Domains
After you register a web3 identity on the blockchain, you get a .point domain, and all subdomains. Unlike normal domains, it cannot be censored or taken away.
Decentralized Storage
dApps on Point can only load files and assets uploaded onto decentralized storage (powered by Arweave), to ensure censorship-resistance, privacy and uptime.
Decentralized Identities
Log into Point with one seed phrase, and you will instantly have addresses and be logged into every dApp on Point, Ethereum, Solana and other chains.
Point Social
One of flagship dApps, uncensorable web3 social network on Point Chain. No more Big Tech censorship, personal data abuse, or profit-maximizing algorithms.
Point Mail
Decentralized end-to-end encrypted email on web3. The architecture safer than ProtonMail delivers a big blow to mass-surveillance by governments.
Multichain dApps
Point Network is capable of connecting to multiple chains at once, allowing you to use your favorite dApps on other chains right from Point Browser.
