A project to decentralize the internet that youve never heard of has more capacity than all other blockchain projects put together: 5-10X more, according to its founder. The project is called ThreeFold, and its not your typical blockchain startup. Instead, its a long-term project to rewire the internet in the image of its first incarnation: decentralized, unowned, accessible, free. We have 18,000 CPU cores and 90 million gigabytes, which is a lot of capacity, founder Kristof de Spiegeleer [said]. Less than 20 companies actually own more than 80% of the internet capacity, which is the storage and the compute. It really needs to be something like electricity. It needs to be everywhere and everyone needs to have access to it. It needs to be cost effective, it needs to be reliable, it needs to be independent. That would be a fundamentally different kind of internet: one we all collectively own rather than just one we all just use. It requires a lot of different technology for backups and storage, for which ThreeFold is building a variety of related technologies: peer-to-peer technology to create the grid in the first place; storage, compute, and network technologies to enable distributed applications; and a self-healing layer bridging people and applications. Oh, and yes. There is a blockchain component: smart contracts for utilizing the grid and keeping a record of activities. So ... you have people providing actual tangible services for others in exchange for some degree of cryptocurrency reward.