What is Unigrid?
The Unigrid Foundation aims to build a low-level backbone for a truly decentralized Internet. Its solution will supply the network with the core features it needs to thrive and grow. The former Darkcoin project originally developed the concept of masternodes aiding and providing the network with specific services. The Unigrid network takes this approach and develops it further into service nodes called gridnodes. These specialized gridnodes have the purpose of providing the network with storage space, communication channels and compute cycles. Ordinary network nodes and wallets communicating on the network can send shards of work to these gridnodes. Like transactions, sending these shards of work costs a certain amount of Unigrid tokens.
As the network grows and more gridnodes come online, the compute power and storage space of the network will increase. Organizations and end-users will be able to rent these resources and store data and applications in a safe and redundant way.