The Blockchain Startup That Wants To Rent Your Spare Bandwidth to Defeat The Hackers

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Max Niebylski, (left) and Gladius co-founders Marcelo McAndrew and Alex Godwin.gladius

At the age of 10 Max Niebylski, was running a revenue-generating Minecraft server company. When his business fell victim to a Distributed Denial of Service (DDoS) attack, he set out to find a solution.

He learned to navigate the web-paralyzing tool, created in 1974, ironically by another teenager as a prank, that has plagued websites for decades and cost organizations.

During a DDoS attack the server is bombarded with so many requests, reducing its capability to serve genuine users and bringing the site down. Niebylski, now 19, believes that & nbsp; & nbsp;gladius, the blockchain startup that he co founded, offers a more effective solution.

Growing & nbsp; up in a family where education was everything, his curiosity for learning knew no bounds. "I hopped from subject to subject, but always ended up coming back to tech," he says. "From the age of 10 knew I wanted to be a tech entrepreneur. My dreams came to fruition when I decided to drop out of college, much to my parent's surprise, and pursue Gladius full time."

After experiencing cyber attacks on his own Minecraft server nine years earlier he had done his quest to learn why his server was being shut down every few days, and how he could stop the attacks. & Nbsp;To most people the dark web is a mysterious and baffling place, but evidently not to a young Niebylski. He was given his first desktop computer and was instantly drawn to the flashy video games. When he became bored with the games, he decided to modify them and taught himself to program.

He says: "All of the quality game modification tutorials were about designing custom hacks, and those were always hidden on the web. Spending my free evenings on theses websites sparked my interest in cybersecurity and blockchain technologies."

It was during the summer of 2017, a year at the University of Maryland, that Niebylski and a couple of his friends founded Gladius.

"We had tried to launch a fitness app, but as soon as we published, we started getting hit with DDoS attacks," he says. "When we were looking for a lot of money for power, space, cooling and infrastructure. I thought, 'I can run game servers and mine crypto currencies in a distributed manner, why not fight DDoS attacks the same way?'"

The Gladius DDoS software platform aggregates unused bandwidth from consumers, effectively renting internet bandwidth from them during downtime, while they sleep or while they are at work, and making that bandwidth immediately available to any participating company.

The Ethereum blockchain on which Gladius is built "Modern blockchain tech was only a few years old at this point, so we had to be very agile when programming in all of these brands" says Niebylski.

While most early stage tech startups, in December 2017 Niebylski went down the ICO route, raising $ 20 million from the token sale.

""Says Niebylski," this enabled us to seek like-minded individuals. " "The benefits of this approach included the retention of our equity and access to a large number of contributors."

The Washington, D.C.-based company is currently in open beta, its website open to anyone around the world with high-speed internet connection and spare computing. Over 1000 people in 80 different countries are currently testing the solution.

Niebylski, who now works with a team of 14, says: "We are aiming to be EBITDA positive by 2020 and positive cash flow by 2021, and both are achievable outcomes. Our main focus is tackling the largest problems of security systems."

Hackers are becoming more sophisticated and more damaging to business. According to Kaspersky's 'IT Security Risks Survey 2017', The financial implications of reacting to a DDoS attack for enterprises jumped from $ 1.6 million in 2016 to $ 2.3 million in 2017. These are annual returns of 43.7%. and 16.0% respectively.

""We need to tear down walls and collaborate," says Niebylski. 'The solution will look more like what the hackers use and less like today's offerings. We need an open source solution that runs on a variety of hardware components or operating systems;"

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Max Niebylski, (left) and Gladius co-founders Marcelo McAndrew and Alex Godwin.gladius

At the age of 10 Max Niebylski, was running a revenue-generating Minecraft server company. When his business fell victim to a Distributed Denial of Service (DDoS) attack, he set out to find a solution.

He learned to navigate the web-paralyzing tool, created in 1974, ironically by another teenager as a prank, that has plagued websites for decades and cost organizations.

During a DDoS attack the server is served with genuine users and bringing the site down. But now we are in the market for the attack, but Niebylski, now 19, believes that Gladius, the startup blockchain that he co founded, offers a more effective solution.

Curiosity for learning knew no bounds. "I hopped from subject to subject," he says. "From the age of 10 knew I wanted to drop to college, much to my parent's surprise, and pursue Gladius full time."

After experiencing cyber attacks on his own Minecraft server nine years earlier he had to be shut up every few days, and how he could stop the attacks. To most people the dark web is a mysterious and baffling place, but evidently not to a young Niebylski. He was given his first desktop computer and was instantly drawn to the flashy video games. When he became bored with the games, he decided to modify them and taught himself to program.

He says: "All of the quality game modifications have been found in the cybersecurity and blockchain technologies."

It was during the summer of 2017, a year at the University of Maryland, that Niebylski and a couple of his friends founded Gladius.

"We've tried to launch a fitness app," he says. I thought, 'I can run game servers and mine' when we were looking for a lot of money for power, space, cooling and infrastructure. crypto-currencies in a distributed way, why not fight DDoS attacks the same way? '"

The Gladius DDoS software platform aggregates unused bandwidth from consumers, effectively renting internet bandwidth from them during downtime, while they sleep or while they are at work, and making that bandwidth immediately available to any participating company.

The Ethereum blockchain on which Gladius is built ""I do not think so much of it." "Modern blockchain tech was only a few years old at this point," says Niebylski.

While most early stage tech startups, in December 2017 Niebylski went down the ICO route, raising $ 20 million from the token sale.

Niebylski says, "This enabled us to seek like-minded individuals," says Niebylski. "The benefits of this approach included the retention of our equity and access to a large number of contributors and evaluate the product to ensure its viability. "

The Washington, D.C.-based company is currently in open beta, its website open to anyone around the world with high-speed internet connection and spare computing. Over 1000 people in 80 different countries are currently testing the solution.

Niebylski, who now works with a team of 14, says: "We are aiming to be EBITDA positive by 2020, and we are achievable outcomes Our main focus is tackling the biggest problems of security providers with the aim of being more scalable

Hackers are becoming more sophisticated and more damaging to business. According to Kaspersky's 'IT Security Risks Survey 2017', the financial implications of reacting to the DDoS attack for enterprises jumped from $ 1.6 million in 2016 to $ 2.3 million in 2017. For small to medium sized businesses the number jumped from $ 106,000 in 2016 to $ 123,000 in 2017. These represent annual increases of 43.7% and 16.0% respectively.

Niebylski says, "We need to open down and collaborate," says Niebylski, "We need an open source solution that can be installed on a variety of hardware components or operating systems, run over any service provider network, and offer companies better automation, transparency, and security while leveling the economic playing field! "

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