Open Source Summit + Embedded Linux Conference Europe 2020

User content on the Internet today is controlled by a small number of corporations. Most content has one of these corporations as a single point of failure and is subject to arbitrary terms and moderation policies. We present Skynet, an open-source peer to peer blockchain network for hosting content and applications. We describe how Skynet combines encryption, erasure coding, and an open marketplace that allows anyone to sell their spare storage and bandwidth to the network to create an alternative infrastructure for content creators. We will describe in detail some of the game theory, economic incentives, and content delivery algorithms that allow our live network to achieve extreme uptime and performance that is comparable to the modern web. We showcase that the decentralized Internet has reached a turning point of reliability and usability.