Consensus Networks
USA Shaping the future of blockchain by creating exceptional value and technology for our partners.
Intro

Consensus Networks designs, builds, and supports infrastructure for blockchain technology. Founded in 2016, we are 100% focused on providing top tier network and ledger operations support. In 2018 we were awarded a phase I SBIR for our HealthLink network, a blockchain powered system for health data transfer. We are moving into a capability demonstration stage this spring in partnership with several hospital systems. We provide network support as node operators across several testnets including Factom, Cosmos, Polkadot, Ethereum, and IoTex as well as support for enterprise Hyperledger Fabric use cases and Bitcoin’s Lightning network. Our company was founded by data center and cloud infrastructure experts and we have deep technical experience building hardware and cloud environments.

Team

Nate Miller - CEO

Prior to joining Consensus Networks, Nate Miller served for over seven years in the U.S. Navy as a submarine warfare officer. He is a 2011 graduate of the United States Naval Academy with a bachelor’s of science in systems engineering. He attended the U.S. Navy’s nuclear power and submarine officer training before being assigned to an Ohio-class ballistic missile submarine, the USS Maine. Miller completed four strategic deterrent patrols while serving as a division officer aboard the Maine. From 2016 to 2018, he taught Physics, Thermodynamics, and Cyber Security to ROTC students at Notre Dame. Miller earned a Masters of Science from the University of Notre Dame in 2018. He is a member and contributor to the National Institute of Standards and Technology (NIST) working group on Blockchain for Industrial Applications. He also is an adjunct professor at the University of Notre Dame where he teaches an introductory blockchain course.

Dr. Shane Fimbel - Founder, VP Strategy

Dr. Fimbel has significant expertise in developing and operating high-growth companies. As the co-founder and Chief Executive Officer for Trek10, Dr. Fimbel developed the company into one of the leading Amazon Web Services Advanced Partners. With global reputation in the field of serverless computing, Trek10 designs, builds, and supports cutting edge solutions for clients using the best in breed services from AWS. Previously, Dr. Fimbel led the growth of data center, cloud infrastructure, and fiber optic networks in the Midwest closing debt, equity, and tax incentive transactions of over $35M and built operations achieving consistent annual revenue growth of 40-50%. Dr. Fimbel held leadership roles at the Purdue Research Foundation, where he was responsible for technology assessment, patent strategy, valuation, negotiation, and licensing innovations within Purdue’s Intellectual Property portfolio in the Life Sciences and Biotech space. Dr. Fimbel has worked as an active investor since 2008 by engaging over a dozen high-growth companies in a business foundry, board level, or leadership roles during the formative stages of corporate development through his firm Intellectual Analytics. To date, these companies have raised over $80M in venture financing. Dr. Fimbel holds a Ph.D. in Neuroscience from the University of Notre Dame, where he was a Reilly Fellow. A graduate of Wabash College, Dr. Fimbel serves on the founding Board for the Center for Innovation, Business, and Entrepreneurship.

Connor Smith - Innovation

Prior to conducting his capstone thesis for a Master’s of Science in Engineering, Science, and Technology Entrepreneurship at the University of Notre Dame, Connor Smith completed his undergraduate education at Wabash College. While at Wabash, he double majored in computational mathematics and chemistry with a research focus in algorithm and hardware development for chemical applications. Additionally, Smith has served various business development roles at early stage ventures and worked as a technical market analyst for the IDEA Center at the University of Notre Dame de-risking a portfolio of faculty technologies across multiple disciplines. He hopes to leverage his diverse background to explore new avenues for Consensus Networks to develop as blockchain continues to transform a wide variety of industries.

Tech Setup

Initially we’ll be running on AWS to allow for quick and inexpensive changes to our hardware configuration during the early days of the network. We believe that globally distributed hardware, owned by globally distributed companies is the future of blockchain so we are very intent on transferring to an owned custom hardware configuration in our data center within 6 months.

Hardware:

VPS

Processor: 8 cores @ 3.4Ghz each

Memory: 16GB RAM

Storage: 4TB SSD gp2 (throughput optimized)

Network: 500mb/s

Community Plan

We plan to not only support the IoTeX network as it grows, but take an active role in shaping its growth. In other protocols we have assisted in developing APIs, SDKs, and applications for the community both individually and collaboratively with other members on the network. We plan to do the same with IoTeX and contribute these type of tools to the community to help advance the protocol. We plan to help the community develop applications, create proof-of-concepts, and support solutions to help advance the IoTeX protocol and make it more accessible to all.

Another part of our promise to the network is that we will allocate a portion of our rewards as a delegate node to give out monthly rewards for users staking on our platform that contribute significant efforts towards this goal. This can take the form of developing applications on our infrastructure for use by the larger IoTeX community, making tutorials for others to learn, or referring friends to stake and contribute to the IoTeX protocol.

Reward Distribution Plan

Consensus Networks will take a reward cut of 10%, contribute 10% to the community pool and the remaining 80% will be for our stakers. The rewards will be proportionally distributed based on the amount users stake. Hence, the more they stake, the greater their return. The rewards we keep will go towards our own stake on the node, maintaining the server, and creating a community rewards pool to be allocated to those staking on our node to help advance the developer community. We believe that creating an incentive for developers to contribute to the IoTeX codebase, will help advance the entire IoTeX ecosystem and create a sustainable path forward as the protocol grows.

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