update README again

README.md

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 # CoBox
 
-**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.
+**CoBox** is an encrypted p2p file system and distributed back-up tool.
+
+CoBox was developed using funding from 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.
+
+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.
 
 ## Getting Started