How Quantum1Net uses blockchain to make the Internet faster
Quantum1Net’s blockchain nodes have unique access to the history of their local networks: they are a decentralized register of what data transactions took place and the connection speed between different points. By using this information, data traffic can be optimized to ensure the fastest possible data transactions.
A big problem: Internet gridlocks rob you of your bandwidth
The Internet is essentially an enormous network of interconnected devices. A set of traffic routing rules determine the flow of data. Keeping track of Internet traffic is troublesome at the best of times. It is common for certain pathways to bottleneck while others remain underused.
The situation described above is problematic and can certainly lead the Internet to underperform with respect to its true bandwidth capacity. While the Internet works pretty well most of the time, if a particular streamed video or website are popular at a given location and time, it can become cumbersome to access, whether you have ADSL or the latest fiber-optic connection: you don’t get your money’s worth out of your Internet service.
If one could keep track of routing data, it is possible to make a map of the state of the Internet and manage the data flow. However, a single handed global monitoring the Internet isn’t feasible. And in any case, this would mean trusting a single or small group of third parties to manage our data transactions. The Internet is probably the most widespread and far-reaching infrastructure create by humankind, and manipulating can be very profitable. But what about decentralized monitoring?
Blockchains in a nutshell
In simple terms, what is a blockchain? Basically, it is a decentralized database that exists at multiple points (nodes) and is maintained by a consensus. Everyone has the same copy of the database and manipulating it would imply tricking the entire network. Countermeasures are put in place to avoid this, making the Blockchain a trustworthy database without having to place trust in a single individual or group.
Blockchains log transactions between different members of the network, forming a ledger which keeps track of the state of its network. The ledger is broadcast to all the members of the network. The data logged will depend on the specific application.
A solution: accelerating the Internet with Blockchain
What if the blockchain logged the speed and path followed by the data flow during transactions? Nodes would be constantly probing the state of their local networks and sharing this data with other nodes as it updates the ledger. The nodes would very quickly become aware of which routing paths are being underused and where bottlenecks are forming. By leveraging this data, the fastest path between two network locations can be found, allowing for the most efficient use of available bandwidth.
The decentralized nature of Blockchain would ensure that no single player has control over the traffic data, removing the need for a trusted third-party to inform different points of the state of their local network. As the nodes are distributed at different spatial locations, they can combine their data to obtain a global map of routing path use. Blockchain presents a unique opportunity to maximize bandwidth use without modifying the basic structure of the Internet (which would be costly and time-consuming).
Quantum 1Net’s perspective
For the Blockchain is to be used in this way it is paramount that it be fast enough to ensure that nodes have up-to-date information, and that it has sufficient nodes to ensure high-quality mapping. Quantum1Net’s relay node system, which compensates users for running nodes, is ideal for this application. Additionally, proof-of-transaction, designed to ensure a sustainable, efficient and fast minting process, will allow the nodes to have the latest information about the state of the network.
While the Internet is a magnificent creation, it is built upon rigid foundations. Routing rules, if left unchecked, can lead to suboptimal bandwidth use. The Blockchain presents the possibility of monitoring the network state in a decentralized way. The information obtained this way can be used to make sure data transactions of any kind are executed as fast as possible. Getting the most out of your bandwidth has numerous advantages: faster streaming, page loading and file downloading, to name but a few.