Why bandwidth needs a layer-1 blockchain, explained
Unused bandwidth and its accessibility are two problems that need addressing as the world becomes more connected. How is the decentralized bandwidth vision becoming a reality?Users will be able to tokenize their bandwidth and sell it in a decentralized trading marketplace to help provide low-cost access to the internet.PKT is the only layer-1 blockchain that is designed to support bandwidth trading marketplaces and high-speed internet service. PKT uses the world’s first bandwidth-hard proof-of-work (PoW) mining solution to create an economic incentive while building a high-speed data....
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A new distributed storage platform has been announced, called Swarm. What is even more interesting is how this project is a native base layer of the Ethereum web three stack. Additionally, Swarm could also be used as a content distribution service, which opens up exciting opportunities. Similar to every project in the world of blockchain and cryptocurrency, Swarm has one clear objective: creating a decentralised and redundant store of Ethereum’s public record. Or to be more precise, the company wants to focus on storing and distributing Dapp code and data, as well as blockchain data....
Erlay will bring bandwidth efficiency gains to Bitcoin’s peer-to-peer layer by changing the transaction relay protocol where full nodes share data.
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Monetizing your internet connection According to OpenVault’s broadband study from 2021, the average US household uses approximately 435GB of data per month. However, many internet service providers (ISPs) offer 1TB+ monthly data allowances or unlimited data plans. Many internet users waste hundreds of millions of gigabytes worth of unused bandwidth every month. Now there is an innovative technology called PKT, which enables internet-connected customers to earn passive income from a home or office internet connection worldwide. PKT is not a company and has no investors or CEO. It is a....