How to Completely Decentralize the Internet
May Day, May Day, it’s about to get dark. Dark Wallet (Alpha), the bitcoin wallet software that uses the power of encryption and technology of CoinJoin, has been released. The legality of coin mixing services is still unclear, and the fact that some coin mixing services go by names like ‘The Bitcoin Laundry’ and ‘BitLaundry’ does not bode well in the....
Related News
As Bitcoin had an ambitious dream to decentralize currency, MaidSafeCoin has an ambitious dream to decentralize the internet. The coin is only half the story, it is to be used in tandem with the SAFE (Secure Access For Everyone) network. Why should we decentralize Internet, it seems to be working fine right? Well for now, at least. According to MaidSafe’s whitepaper, datacenters that support the Internet’s backbone are having increasingly trouble to cope with the 2.4 billion people connected to it, a number that is expected to increase to 3.6 billion by 2017. On top of that it’s highly....
The Golem Project holds a lot of potential value for the future, as it would effectively create a truly decentralized Web. Combining the power of computers all over the world would provide all of the necessary hardware resources, and Ethereum-based payments will clear transactions. This is not the first time developers have come up with a solution to....
The project is intended to decentralize identity, much like Bitcoin decentralized money.
Welcome to the CCN Weekly altcoin news update, where we profile altcoin news stories that have flown under-the-radar. This week's issue profiles the incredible rise of the BitSharesX price, XCurrency's new plan to decentralize the internet, and the end of the initial phase of the Storj crowdsale. BitSharesX Price Soars. Vaults to #3 in Market Cap. The BitSharesX price has gone on an absolute tear over the past week. After hovering between 1,500 and 2,000 satoshis (~$.01 USD) since its release on July 21, the BitSharesX price has increased by 151.6% over the past week. The BitSharesX price....
“Attacks that we witnessed today were possible mainly because there is a centralized infrastructure which could have been targeted,” said Piotr Janiuk, CTO of Golem, which seeks to decentralize the internet using peer-to-peer technology. “The attack itself isn’t easy to carry out, but it is obvious that even the backbone infrastructure behind the Internet contains single points of failure which are prone to such malicious activity – even though the infrastructure may comprise multiple machines. As of today, the trend is to move towards distributed solutions and the main problem is the lack....