CITP Seminar: Witness Chain: Proofs of Bandwidth for Trust-Free Wireless Networking
Open decentralized networking is a decades-old dream, the fabric enabling open, uncensored, global communication. Although this dream drove the design of the original Internet (web 1.0), technological, authoritarian and economic forces have combined to substantially centralize today’s communication infrastructure (web 2.0). The advent of blockchains, trust-free platforms driven by tokenized incentive mechanisms (web 3.0), is reawakening the old dream of open networking and is aided by the tailwinds of inexpensive hardware and cloud computing and lightly regulated spectrum. A distinguishing f...