Fleek Network Releases Whitepaper for Decentralized Platform

Brooklyn, New York, July 31st, 2023, Chainwire

Fleek Network has released a new whitepaper describing its developing decentralized edge platform. Launching a new open-source Github repository for the protocol accompanies its release. This release is a significant milestone in launching a testnet for the decentralized edge network next month.

The new whitepaper is an evolution of the original whitepaper and research focused on a decentralized CDN. It introduces a new protocol architecture and design that enables a complete edge network. While a decentralized CDN is still one of the use cases, the new protocol can support a much more comprehensive range of decentralized edge services, including serverless functions, SSR (server-side rendering), container orchestration, various database functions, etc.

Fleek’s decision to develop a decentralized edge platform was driven by the recognition of infrastructure trends that have seen the modern web migrate from the cloud to the edge. This transition reflects the internet’s rapidly expanding user base and the low latency demands of global users.

Instead of building this performance layer redundantly for every web3 service or protocol, Fleek Network intends to provide a shared performance layer that all web3 protocols can leverage. Fleek Network’s edge platform can add value to virtually any web3 protocol, service, and app thanks to its protocol-agnostic and modular architecture.

Fleek Network’s protocol design results in work performed by nodes across the network being determined solely by geography and a performance-based reputation score. The network also features attributes like stateless execution, a VM-less core, content addressing, and other performance optimizations. As described in the whitepaper, these contribute to the network's overall performance and low latency and the edge services built on top of it.

Harrison Hines, CEO and Co-founder of Fleek Network said: ”Similar to the modern web’s evolution, web3 is quickly moving towards a modular and composable future. Introducing a highly-performant decentralized edge network into the web3 stack as a shared performance layer could help close the gap between web2 and web3 performance, and provide a significant building block for developers on the road to mass web3 adoption.”

Parsa Ghadimi, lead researcher at Fleek Network, added: “Fleek Network’s architecture replicates the theory the edge brought to web2 to a blockchain architecture: executing services close to users, intelligently scaling up and down, only using resources when and where required. It’s a unique setup in web3 today, geared specifically towards web-service performance and cost requirements.”

The modern web is characterized by microservices accelerated by a performance layer atop everything else. Fleek Network’s edge platform will provide these same capabilities in a decentralized way without sacrificing performance, cost, or web3 values.

Currently, most web3 protocols rely on web2 performance layers to meet the latency expectations of developers and end users. Fleek Network’s decentralized edge platform will bring a much-needed performance layer to the web3 stack, enabling developers to decentralize their infra stacks further and remove central points of failure while still providing the performance/low latency their customers demand.

Following the release of the new whitepaper and Github repo, Fleek intends to release a testnet for its decentralized edge network, which is scheduled to launch in August.

About Fleek Network

Fleek Network is a decentralized edge platform optimized to facilitate deploying and running highly-performant web services. Fleek’s network of edge nodes allows developers to frictionlessly create many edge services that inherit cryptographically and economically secured infrastructure. Fleek Network’s goal is to provide a platform from which all web3 protocols, middleware, services, and apps can further decentralize their stack without sacrificing cost, performance, complexity, or user experience. Fleek raised a $25M Series A led by Polychain Capital in October 2022.

Learn more: https://fleek.network/ / https://whitepaper.fleek.network/