With 65,000 user nodes, Presearch launches its public Mainnet
TORONTO , May 26, 2022 /PRNewswire/ — Pre-searchthe private, decentralized search engine with 3.8 million registered users and 150 million monthly searches, today announced its Mainnet launch, shifting all search traffic to its decentralized network of community-managed nodes.
Rather than using a centralized computing infrastructure fully controlled by a single company, Presearch runs on distributed nodes on computers managed by thousands of community members around the world. These nodes provide the decentralized computing resources needed to power the network, privately executing anonymized queries and returning incoming search results.
“In a world where one company controls 92 percent of the search engine market and the flow of information for billions of people, there is a clear need for a decentralized Web3 alternative,” said Colin Pope, Founder of Presearch. “Presearch offers a community-driven alternative to centrally controlled search engines like Google, DuckDuckGo and Brave. The launch of Mainnet today is a major milestone for the Presearch community and for the future of search.”
In 2018, Google was fined €4.24 billion by the European Commission for using Android unfairly to consolidate its dominance over search engines. Google has agreed to change its default settings, making Presearch a default search engine option on all UK Android devices and Europe in 2021. Almost 70% of smartphone owners in Europe use Android, which has contributed to a significant increase in Presearch downloads on Android devices.
Now a leader in decentralized search, Presearch has built a growing network of 65,000 nodes run by community operators to power its Testnet search engine. Today’s launch marks the transition of heavy platform traffic to this decentralized network of nodes as they migrate from Testnet (early testing) to Mainnet (production). The decentralized network will now process over 5 million daily private searches with the ability to scale up to hundreds of millions.
Node operators are rewarded with Presearch’s PRE cryptocurrency for each successful request they process, allowing them to capture some of the network’s value, similar to how Bitcoin miners earn BTC when they process financial transactions on this network.
Current node software supports collecting information from external sources, and future updates will allow nodes to perform additional functions, including web crawling, indexing, distributed storage, training AI models and other tasks to feed the search engine.
“Instead of a few companies acting as gatekeepers controlling access to information for the entire world, Presearch is pioneering a better future where search algorithms can be created and run openly by anyone, controlled by everyone, and where choice and control are returned to those who use the search engine,” said Trey Grainger, Research CTO. “We are grateful to the Presearch community for enabling this important milestone as we all launch the Presearch mainnet together.”
Pre-search is a decentralized privacy-focused search engine with 3.8 million registered users and 150 million monthly searches, making it one of the top 10 most visited blockchain websites in the world and one of the top alternatives fastest growing research. Community driven and powered by a global network of node operators, Presearch is able to function as a decentralized search engine. The network is powered by the PRE token, which enables the transfer of value between researchers, advertisers, node operators, and other community members who help grow the network. To learn more, visit: www.presearch.io