Distributed Denial-of-Service (DDoS) attacks are one of the largest security concerns for internet-based businesses, with the cost to small and medium-sized enterprises reaching an average of $120,000 per attack in lost revenue, data, and reputation.
DDoS attacks work by overwhelming a website with a flood of traffic generated from malware-infected devices. The attack quickly breaches the server capacity of the host target, causing regular visitors to be met with a denial-of-service error. Such attacks can also act as cover for data infiltration and theft, taking advantage of the misdirection and leading to even greater losses. Implementing robust DDoS protection measures is therefore vital for modern businesses.
While insurance policies are now available to cover the liability risk of such attacks, compensating for losses, they don’t stop the attacks in the first place, and the damage in terms of public relations and future revenue potential is already done. Now, there’s a way to leverage the unused computing power that fuels these attacks against them — enter disBalancer.
disBalancer is building a peer-to-peer and serverless node network that connects computer bandwidth and storage pools to websites for DDoS protection and expedited content delivery. It creates connections between consumers with unused computer resources and the companies that need protection for mutual benefit. DDoS is only possible due to unused bandwidth and storage in the first place, so disBalancer can counteract the resources that malicious actors would otherwise steal and incentivizes putting those resources to good use instead.
In a market first, the disBalancer network will allow businesses that previously could not afford adequate protection or those that overpay for services they infrequently use, to access a cheaper alternative where they only pay for what they need.
disBalancer is creating a decentralized system that anyone can join by simply downloading its software and running it in the background to rent out any unused bandwidth or storage space. It works similarly to a blockchain mining pool by setting up a computer node to perform the required operations and receive traffic. In return, these users are rewarded with DDOS tokens, the native currency of the disBalancer network.
If a business then wants to use the solution, it simply adds network nodes to its DNS records, and all traffic starts circulating behind the nearest ones available. Each node can then redirect traffic to others nearby to increase capacity as required. This decentralized network can therefore circulate the load and traffic, solving denial-of-service problems.
disBalancer intends to deliver its solution over two initial phases this year. The first phase will involve a token sale and development of a minimum viable product to demonstrate the network architecture, leading up to the v1.0 beta launch. Blockchain integration and yield farming will also be implemented, enabling users to participate and earn tokens for their resources.
The goal of the second phase is to fully refine the network so that it becomes commercially viable on a large scale. disBalancer will then be capable of serving thousands of sites simultaneously in the run-up to full launch.