Humanode (HMND)

What is Humanode

Humanode is the first crypto-biometric network built on the principle of one human = one node = one vote. Instead of PoW or PoS, Humanode is built on Proof-Of-Uniqueness and Proof-of-Existence of human beings. To deploy a node, a validator must go through private biometric authentication that verifies his uniqueness and existence through computer vision. A public permissionless financial network based on consensus between human nodes who share the fees and ownership of the network in an equal manner. You can check our infrastructure currently available on Humanode Testnet which was joined by over 10k unique human nodes.

Currently crypto and blockchain networks are becoming centralized due to the nature of PoS and PoW. If you look at Nakamoto coefficient measuring blockchain decentralization you will see PoS networks are at 10-30 validators needed to halt or change the blockchain. On Humanode Testnet 3 “Ramiel” this coefficient is already over 250 and it’s growing linearly with the number of validators as all the nodes are equal in terms of voting, computation power and infrastructure control. We aim to build a decentralized protocol based on the private biometric identities that is Sybil resistant, protects privacy, and brings true decentralization, transparency, and sustainability – and we can only do that if we ensure a sustainable token model.