Article: How do these decentralized networks work?

Data, Decentralized Internet

How do these decentralized networks work?

The peer-to-peer infrastructure transforms the classic role of a server. In the P2B system, a user is a server and a client. His computer is technically a “node”. With P2P, everyone who downloads a file becomes a “partner”, making the file sharing process more efficient than the traditional network.

These “nodes” run the network by sharing their resources, such as bandwidth, disk storage, and / or processing power. These resources can be shared directly and the information will be distributed equally to all “nodes” in the network. For example, if you want to get the latest version of a Linux distribution like Debian, you will not get it from a centralized server; You will get pieces of it from many guys.

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Article: Cofounder of blockchain-based solar power company explains what the technology means to the future of energy

Blockchain, Innovation, Software
Jemma Green

Cofounder of blockchain-based solar power company explains what the technology means to the future of energy

Power Ledger, an Australia-based startup, is combining two innovative technologies – blockchain and solar power – to transform global energy markets and ultimately power the world through renewables. The company’s blockchain-enabled technology promotes peer-to-peer (P2P) solar energy trading, allowing consumers to sell their excess electricity to other residential and commercial users. The software is currently in use in a number of countries including Japan, India, the US, and Australia.

Insider spoke with cofounder and chairman Dr. Jemma Green to understand more about how Power Ledger works and its hopes for a decentralized and democratized energy future.

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Article: BitTorrent & ColdStack Form Partnership: Deeper Use Cases to Result

Data, Decentralized Internet

BitTorrent & ColdStack Form Partnership: Deeper Use Cases to Result

ColdStack and BitTorrent are working together to make the capabilities that BitTorrent possesses to the ColdStack ecosystem. Both platforms have a lot to offer, and now ColdStack users will have the ability to leverage the world’s most advanced P2P sharing ecosystem from the ColdStack platform.

“BitTorrent File System (BTFS) is one of the first decentralized file storage systems, and provides a foundational platform for decentralized apps. BTFS is supported by millions of BitTorrent user nodes. It is both a protocol and network implementation that provides a p2p mechanism for storing and sharing digital content in a decentralized filing system. It is a next-generation file-sharing protocol utilizing the TRON network and the BitTorrent ecosystem.”

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Article: How banks can identify money laundering involving crypto, explained

Blockchain, Crypto, Cyber-Security, Money

How banks can identify money laundering involving crypto, explainedHow banks can identify money laundering involving crypto, explained

Red flag indicators related to transactions can involve payments that are made in small amounts, or in repeated quantities that fall under a reporting threshold. Alarm bells can also be raised if funds are sent to a newly created or previously inactive account.

Transaction patterns can also rouse suspicion — especially if the deposits made are inconsistent with a customer’s profile.

Other indicators can concern senders and recipients, irregularities when it comes to the source of funds or wealth, and suspicious circumstances related to geography — such as if a customer’s funds originate from, or are sent to, an exchange “that is not registered in the jurisdiction where either the customer or the exchange is located

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Article: Is decentralized finance the future or the end of banking as we know it?

Blockchain, Decentralized Internet

Is decentralized finance the future or the end of banking as we know it?

The rapidly growing trend of decentralized finance – also known as DeFi – is progressively gaining the attention of mainstream media, especially as the seemingly parallel world of cryptocurrencies and the blockchain keeps impacting the real economy and the way people make transactions nowadays.

That said, a big step to keep demystifying decentralized finance involves explaining how this trend can shape the banking sector as we know it.

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Article: 3.6 Million Websites Went Offline Due To a Fire: Decentralization Prevents That

Decentralized Internet

3.6 Million Websites Went Offline Due To a Fire: Decentralization Prevents That

I think the reality is that web decentralization is severely needed. Many data centers that host websites can still integrate forms of decentralization w/ their centralized server model. This is especially true in regards to fail safe methods, or data syncing capabilities.

While I prefer for everything to be decentralized in totality in regards to the web, there isn’t a reason why at least centralized servers can’t still benefit from core aspects of distributed computing and decentralization. Implementing this is the future, and if OVH integrated something like that, it would be a pretty big milestone.

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Steven Vervaecke: Berty & Scuttlebutt – Mesh Messaging No Internet Web 3.0 Foundation Layer?

Autonomous Internet

https://github.com/berty/berty

In my opinion if you consider the current emerging web 3.0 technologies as next gen. Then this is the generation after that. This is almost identical in functioning as

https://scuttlebutt.nz/

It uses BLE which is Bluetooth to transfer data. And is highly functional in a densely populated area. The range of BLE is about 400m if its BLE 5.

This scuttlebut is considered the ultimate in decentralized Peer to Peer (P2P) technologies. BLE is the best tech to create mesh networks. This is the type of app spies would use, you need to be physically near your conversation partner, at the same time the biggest plus and min.

In short: It is valuable to have them onboard but their use case is still microscopic small.

Article: Web 3.0

Web 3.0

Web 3.0

Web 3.0 is the third generation of internet services for websites and applications that will focus on using a machine-based understanding of data to provide a data-driven and semantic web. The ultimate goal of Web 3.0 is to create more intelligent, connected and open websites.

Web 3.0 has not yet been implemented, so there is no solid definition. It took over ten years to transition from the original web, Web 1.0, to Web 2.0, and it is expected to take just as long, if not longer, to fully implement and reshape the web with Web 3.0. However, the technologies that some people believe are going to make up and ultimately define Web 3.0 are currently being developed. Smart home appliances using wireless networks and the Internet of Things (IoT) are two examples of how Web 3.0 is already impacting technology.

If the trend of change is traced from Web 1.0, a static information provider where people read websites but rarely interacted with them, to Web 2.0, an interactive and social web enabling collaboration between users, then it can be assumed that Web 3.0 will change both how websites are made and how people interact with them.

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Article: Could decentralized networks help save democracy?

Advanced Cyber I/O, Cultural Intelligence

Could decentralized networks help save democracy?

Democratic movements can flourish online, but just as easily get censored. A group of researchers is developing solutions to the vulnerabilities and privacy problems with using big social media platforms like Facebook and Twitter.

Turkish President Recep Tayyip Erdogan disrupted communications between his opponents when he shut down Twitter during the run-up to the country’s recent election. But in doing so, he provided yet more proof of how flawed social web activism can be. Whether the lessons in Turkey are heeded could have serious consequences for democracy.

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