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update README again

Kieran Gibb 1 year ago
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 # CoBox
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-**CoBox** is an encrypted p2p file system and distributed back-up tool. It's been built as part of the EU Ledger NGI programme. Its aim is to facilitate a transition to a sovereign commons-based data infrastructure and a co-operative distributed cloud architecture.
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+**CoBox** is an encrypted p2p file system and distributed back-up tool.
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+CoBox was developed using funding from the EU Ledger NGI programme.
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+Its aim is to facilitate a transition to a sovereign commons-based data infrastructure and a co-operative distributed cloud architecture.
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+CoBox uses the hypercore protocol and the hyperswarm distributed hash table (DHT) to connect peers in a distributed network. All data is encrypted on the client, then replicated across a swarm of peers.
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 ## Getting Started
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