Artificial Intelligence Bitcoin Cryptography Cybereconomy Cybersecurity Cyberwarfare Cypherpunk

Your Server, On The Blockchain

Abstract. A peer-to-peer file sharing network would circumvent the conventional problems of internet censorship and the inefficient deployment of content delivery systems (CDN) found on the world wide web (WWW) of today. With the added incentive of an underlying cryptocurrency, whose blockspace commands a market price, users of the network would be encouraged to only share information that is in the public interest. The competition for blockspace on a network where informational assets could be accessed for a fee could provide a market mechanism to attract miners, and subsequently, computational hashing power. Only those with the correct private key could add files to a server which is hosted on the blockchain and only those with the correct public key could download these files to their local client – whether that be a web browser or otherwise. The network itself would serve essentially only one function: to host a distributed platform which performs PUSH/PULL commands in the distribution and storage of computer files. With any attempt to nullify censorship there also comes the potential problem of making content available which violates the good taste of contemporary conventions and ethical standards, and subsequently, the market mechanism of the network could serve as a method to discourage low-quality content.

By Travis Patron

Travis Patron is the founder of Diginomics Corporation and the author of The Bitcoin Revolution: An Internet Of Money. He was an early adopter of both bitcoin and ethereum technology, and continues to educate audiences on emerging opportunities in the digital economy.