Upfiring (UFR)

What is Upfiring

Upfiring is a peer-to-peer (P2P) distributed file-transferring platform designed at its core to enhance the way files are shared between users. By decentralizing the file-sharing process, Upfiring completely removes the middleman and allows users to directly exchange information via the blockchain network. Upfiring utilizes the Ethereum ecosystem as its primary platform for transaction-processing. By encrypting communications on the blockchain and allowing nodes to communicate directly, Upfiring can function as a fully-decentralized exchange for files and value transactions - allowing users to download or seed their own files at will. Distributed networks are able to collaborate in a trustless manner without a single point of failure. In addition, smart contracts regulate all transactions by overseeing the encryption of files, verifying proof-of-ownership, and guaranteeing a seamless transfer of value. The use of smart contracts allows for the objective management of transactions without requiring authoritative supervision. The emergence of these technologies have reflected a much greater attitude shift towards the use of the internet – the growing preference for decentralized, trustless applications over centralized, third-party-controlled services.

This paper seeks to provide an overview of the Upfiring protocol and explain its underlying technology and functionality in detail. We will break down the application’s key components, compare it to existing non-blockchain P2P file-sharing applications, and explain how Upfiring’s unique approach to decentralized, contract-driven incentivization seeks to transform the blockchain file-sharing space.

Upfiring will employ several technologies to create a successful peer-to-peer system:

Block Exchanges - allows for peers to trustlessly distribute pieces of files to each other. This technology can track the availability of file pieces and order them efficiently.

Node Identities - Nodes will be identified by a node_id, which will be cryptographically hashed to create a public-key. Nodes first exchange public keys on initial contact.

Network - Upfiring uses a hash checksum to check the integrity of messages, and can provide reliability through uTP (LEDBAT) or SCTP

Smart Contracts - UFR as a distributed ledger - upon successful completion of the proofof-transfer protocol,

UFR tokens are sent from the downloaders UFR wallet to the seeders wallet across the blockchain.

Upfiring is an innovative upgrade to modern-day P2P file-sharing technologies and seeks to revolutionize the industry. We firmly believe that file-sharing should be decentralized and incentivized, and that the adoption of a blockchain and cryptocurrency for these purposes provides a huge potential for future growth. Incentivizing the file-sharing process will allow our network to grow at an exponential pace and ensure a competitive decentralized marketplace is established. The use of smart contracts will allow transactions to be verified and recorded on the public blockchain so that any disputes can be solved easily within the Upfiring community. We believe Upfiring will be the pioneer of incentivized blockchain file-sharing and are enthusiastic about establishing this platform in a trustless environment.