Cross-Blockchain Implementation on A Decentralized Service Node Network

Blocknet Protocol is a blockchain-agnostic platform designed to help developers launch new applications using features from various blockchains. If developers want to build on EOS but use smart contracts from Ethereum, they can with Blocknet.

Mina Down

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Why Decentralization is Important

The internet is currently centralized. Centralization refers to a structure where one or a small number of entities control an entire network. At the moment, a small number of technology companies exert the most control over the internet and are powerful enough to set industry standards. Smaller entities are forced to use similar methods of operation. This is one way the current internet is centralized.

Blockchain Could Power a Decentralized Internet

Blockchain technology has been touted as the solution to centralization. A decentralized internet based on blockchain would rely on a network of many devices, as opposed to large corporate servers. Each device connected to the blockchain would contribute to the distributed storage network system without any centralized servers. Indeed, it would have no centre(s) at all.

Decentralizing the internet with blockchain technology could lead to a more secure and fair internet than we know today. Yet there are barriers to the mainstream adoption of blockchain technology. For starters, building decentralized applications is currently very complex and resource-intensive. The expertise and infrastructure required to represent significant barriers to entry.

Concerns Regarding Infura’s Centralized Solution

Infura is what is known as “Infrastructure-as-a-Service” (IaaS). It is an underlying service provider for the Ethereum network that gives developers a set of tools designed to help launch new dApps. Its purpose is to help overcome the high barriers to entry to the blockchain space. Infura increases the Ethereum network’s capacity for high-traffic dApps by letting projects to deploy their software without…

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Mina Down

Writer interested in blockchain projects that will add to the social good