5 Things You Need to Know About Substratum

In the past decade, the internet has revolutionized the world and built business industries from the ground up. Where industries such as eCommerce, social media, and cryptocurrencies have sprung to heights to popularity, the internet has been comparatively stationary. 

To meet the demand for online content and streaming, the web hosting service on blockchain came into existence. In countries such as China, where centralized censorship is enforced, individuals can access content through the Substratum.

Substratum as the Decentralized Internet

Substratum is essentially the ‘Decentralized internet’ that allows web hosting services on the blockchain via a network. The substratum network is built on a network of nodes spread across the globe. 

It doesn’t require a VPN mainly because the nodes forward the content directly to viewers from the host. Additionally, anyone can host a website on Substratum. 

The substratum network can be accessed via any conventional internet browser for decentralized video streaming. To pay for streaming, it has an integrated payment platform called ‘CryptoPay’ that is very similar to PayPal. It is for individuals who want a more open internet 

Unrestricted Access to Content

The purpose of Substratum is to make the information available to anyone who wants to access it regardless of where they are located geographically. 

Substratum also offers efficient and affordable packages as compared to ISPs who charge much more for their premium packages. It is therefore a cheaper alternative to the traditional browsing experience that allows freedom to view content that is restricted around the world by governments. 

Substratum Cannot be Mined

Substratum cannot be mined because they are not crypto coins, rather tokens that can be earned. To earn substratum, a user can lend their computer’s resources to support the decentralized network. The substratum network pays them with Sub tokens for renting their computer resources. Those users who have more Sub tokens in their Substratum masternode are rewarded with a higher payment as they have money invested in the platform. 

Trading in Substratum

Substratum can be bought through most international cryptocurrency exchanges where it is also traded actively including Binance, HiBTC, and Tidex. Trading it during the market fluctuations earns the users a profit. The tokens are exchanged with cryptocurrencies in trading, and exchanges earn the users profit when exchanged with digital currencies. 

People Invest in Substratum

Although many people consider it to be a risky and less lucrative investment when compared with cryptocurrencies, there are some reasons why many people choose to invest in Substratum. 

The beta version of Substratum is available to everyone can be downloaded directly from Appstore. There might be a point in time where demand for this free of censorship internet would increase. Also, their token has a clear use; to pay for using the Substratum network. They use a coin burn strategy to appreciate the value of their tokens. 

If censorship becomes a bigger issue around the world, the adoption of this software would speed up because it lets anyone browse the open internet anonymously. The community using Substratum is therefore expected to grow.