Whitepaper

Version: 0.0.1
Date: January 31, 2025

1. Introduction

ByUP is a decentralized file storage and reward system that utilizes blockchain technology to provide users with a unique way to upload, store, and share files while earning tokens. The platform integrates Solana (SOL), Bitcoin (BTC), and XRP for payments and transactions, along with the ByUP token, which operates on the Solana network as the primary incentive for participation.

2. Vision & Mission

Vision:

To create a decentralized and secure file storage system based on incentives, where users can freely upload and share files within a transparent and reward-driven economy.

Mission:

Enable users to easily upload and share files.
Reward users for engaging with the platform using ByUP tokens.
Provide a secure and scalable storage solution using Cloudflare R2.
Allow premium users to retain stored files permanently with cryptocurrency payments.
Implement an automated file lifecycle to optimize storage efficiency.
Explore decentralized storage solutions like BTFS to create secure backups.

3. How ByUP Works

3.1 Free File Uploads & Reward System

Users can upload files to ByUP for free.
Each uploader receives ByUP tokens when visitors access their pages once per day.
If a file is downloaded, the uploader earns ByUP tokens (limited to one reward per IP per file).
Free-uploaded files are accessible to all users.
Files that remain unaccessed for 14 days are automatically deleted.

3.2 Premium File Storage

Users can store files permanently as long as their subscription is active.
Payments can be made via SOL, BTC, ByUP, and XRP.
Premium users can set their files as private, making them accessible only through a unique link.
Free ByUP tokens are awarded only for public files.

4. Token Economy

4.1 ByUP Token Utility

Rewards: Users earn tokens when files are uploaded or downloaded.
Transaction Fees: Users can pay transaction fees using ByUP tokens.
Premium Upgrades: ByUP tokens can be used for premium storage upgrades.
Marketplace Integration: Future integrations may allow users to exchange ByUP tokens for additional digital services.

4.2 Token Distribution

User Rewards: 40% allocated to file interaction rewards.
Development & Maintenance: 10% allocated to platform maintenance and enhancements.
Marketing & Partnerships: 25% allocated to growth and awareness.
Reserve Fund: 25% held in reserve for future platform needs.

5. Technical Architecture

5.1 Backend & Smart Contracts

PHP is used for API development and backend logic.
MySQL is the primary database for storing metadata.
Cloudflare R2 is utilized as the primary storage solution.
Decentralized storage solutions like BTFS will be integrated later to create secure backups.
Smart contracts on Solana handle ByUP token transactions and rewards.

5.2 Frontend Development

HTML, CSS, JavaScript, and AJAX power the user interface.
Web3.js is integrated for crypto transactions.

6. Security & Compliance

User Verification: To prevent abuse, ByUP enforces rate limits and CAPTCHA-based verification.
Data Encryption: File metadata and user credentials are encrypted.
Blockchain Audits: Smart contracts undergo regular audits for security and efficiency.
Torus wallet is used to manage user wallets for ByUP tokens and rewards.

7. Roadmap

Phase 1: Development & MVP (Q1 2025)

Finalize ByUP token smart contract on the Solana network.
Implement storage and file management.
Launch basic reward system.

Phase 2: Expansion & Partnerships (Q2 – Q3 2025)

Expand premium storage plans.
Integrate more blockchain networks.
Partner with crypto wallets for easier transactions.
Begin testing backup storage via BTFS.

Phase 3: Full Decentralization (Q4 2025 & Beyond)

Expand decentralized storage solutions and fully support BTFS.
Enhance interoperability with other cloud storage services.

8. Conclusion

ByUP is revolutionizing the file-sharing space by integrating decentralized storage with a powerful token-based incentive system. By utilizing Cloudflare R2 as the primary storage solution and exploring BTFS for backups, the platform offers the perfect balance of performance, security, and decentralization. With a clear roadmap and a strong technical foundation, ByUP is poised to redefine the traditional cloud storage industry while rewarding its community-driven user base.