Monday, October 14, 2013

The future of the internet?

I have no ability to do this... but I feel its an interesting concept that could be the future of the internet.
decentralized mesh networks monetized with bitcoin.

Through a combination of a tor like browser, high strength wireless routers, and monetization through bitcoin, one could have neighborhood area wifi.

Idea is an internet “miner” hosts has an ISP and a high strength antenna. get neighbors to connect through the miners antenna, and they pay per kilobyte of data transfer.

With bitcoin and micro transactions, internet users can pay for internet usage on a very small scale.
Want to load facebook? That will be 1/100th of a cent please.

The neighborhood internet “miner” could also host data that could be further monetized. If you want to host 10TB of web pages, one could further monetize access to that data. Facebook server farms wouldn’t be monetized with advertisements, they would be monetized by internet access. Netflix is paid for by access to their data, not with a subscription plan. Content providers are monetized by the value of their data (new york times, netflix, music/bands , youtube, etc)

Through a P2P technology, when you add storage to your internet ‘mining’ setup, it downloads the most accessed web pages in your area, reducing ping. (web pages updates would be problematic, or only hosted on corporate servers)

Through a tor style ‘onion’ type encryption, the consumer sends 1/100 of a cent with his request to netflix. In a way, distance from data centers would reflect the cost of access to that data. Home values near data centers would raise, because they have easier access to that data.

High strength wireless antennas begin to connect subdivision to subdivision, neighborhood to neighborhood, city to city and state to state. Cell phones begin to connect as a VOIP and each minute costs fractions of a penny. Verizon, AT&T get disrupted as their service is no longer relevant.

Consumers perhaps have cheaper access to the internet, or at least one that’s based on usage, and we get a decentralized internet. New professions arise in local internet hosting building and hosting. Data centers start popping up in shopping malls near local communities, selling access to that data.

I love the potential economics behind it. We live in Oregon and want to access data from New York. That data would cost a lot of money because it has a long distance through the network. Say it would cost 10 cents per kilobyte. A local internet miner sees a profit opportunity, and opens a satellite based ISP to reduce the cost.

In general, it could give consumers options. We would still have frontier as an ISP option, but in the event that gets censored there are other options.

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