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Web5: The Future of the Bitcoin-Based Internet with Polycarp Nakamoto (WiM512)
The "What is Money?" Show
Empower Connectivity Through Decentralized Networks
The vision for mesh networks focuses on creating interconnected devices that enable seamless signal hopping, akin to an internet experience. Upon developing ownership of hardware and connectivity, the full potential of these networks can be realized. An innovative example includes integrating Bitcoin nodes into television devices, enabling them to serve as comprehensive media servers while participating in the broader mesh network. This could activate a vast network of devices using various communication technologies like wired connections, lasers, or LoRa. The persistent connectivity offered by Bitcoin nodes through mesh devices ensures continuous operation, allowing transactions to propagate ubiquitously. In practical scenarios, such as military communications, personnel could utilize graphing phones to transmit messages over a mesh network, with eventual connections made to the internet via satellite links. This approach offers flexibility in communication without relying on third-party internet service providers, enhancing the robustness of the network by allowing nodes to operate independently in diverse locations.
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