Shift (SHIFT)

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In today’s digital world, there exist elements that threaten the freedom of information that the internet strives to provide. Internet operators in the form of server hosts, governments, and ISPs control the users’ access to the web space. Shift intends to bring an end to this centralized control.

Shift – The Basics

1. Shift is an open-source blockchain platform that strives to harness the complete freedom to access the internet through its decentralized network. Its primary purpose is to build decentralized applications (dApps).
2. The company has branded this project as the “first next-gen blockchain” with a superior technology than that of the already existing Bitcoin and Ethereum.

Description

Shif is a dApp-ready, delegated Proof of Stake cryptocurrency with the interplanetary file system - for a decentralized, resilient and highly extensible web 3.0 platform.
Shift’s technological infrastructure is multi-faceted and unique in its arrangement. It is composed of 5 main elements, as discussed below.

1. Shift works with the InterPlanetary File System (IPFS) protocol, a peer-to-peer hypermedia distribution mechanism. This is a hash-based file storage protocol functioning on a globally shared network, instead of the HTTP. It stores the developers’ application files through a concept called pinning. Pinning creates an IPFS cluster of Shift peers and stores the files in clusters like these.
2. Another important segment of Shift’s technology is its Delegated Proof-of-Stake (dPOS) consensus algorithm. It constitutes masternodes and delegate nodes. The latter has the authority to make changes in the blockchain network. The delegates are chosen to be “block producers” through the community’s votes.
3. Shift uses Hydra as a Content Management System (CMS) alongside the IPFS storage system. Hydra enables the platform to host a variety of content on its decentralized web network. This feature has earned Shift the credit of being the first ever platform offering hypermedia distribution and database solutions.
4. Jenga is Shift’s Domain Name System (DNS) monitor. It is responsible for examining all the storage nodes that make up the Shift cluster. Furthermore, it removes the nodes that have unhealthy DNS records and regularly updates the storage. It not only creates a dynamic web addressing system but also aids in traffic scaling.
5. The platform employs double layers to provide Cluster Security for its storage system. The first layer is the blockchain that authenticates the user’s identity and verifies the transaction. The second layer is made of the private keys for registration on the platform and access to the storage cluster. The application finds the cluster associated with the two keys and allows access to the user.