SmartMesh and its Blockchain implmentation

Concept
1. Pay for P2P network sharing with SMT coins
2. This would create something like 'reliable torrent seeds'
3. Make mesh available in all areas
4. Improve the TPS of Blockchain payment to compete with VISA's 42000
5. Extremely promising since its an alternative to the whole concept of an internet

Technology
1. Based on Raiden to create an IoT based near field communication mesh
2. Raiden saves times by skipping blockchain consensus mechanism to get the whole blockchain in sync before performing any operation. Instead relies on a set of reliable networks for the authentication
3. Mesh technology uses Bluetooth, wifi antennas etc allows you to be in touch without a mobile network

SmartMesh embeds the Ethereum light node, which is based on the Light Ethereum Sub-protocol (LES), and is connected to the Ethereum via Geth. 

LES is a protocol designed for a light client such as SmartMesh White Paper ©2017-SmartMesh 10 a smart phone. It downloads only the block header instead of the entire block when the block chain is synchronized. 

It provides a fully secured blockchain access function, but does not participate in mining and the formation of consensus. 

Decentralized Application, on the top layer, interacts with the SmartMesh contract layer through Web3.js. 

The user uses Wallet to store their private key, make transfer, and make query and other operations. 

SmartMesh uses Swarm to implement to host personal files in shared storage space, uses Whisper to build a peer-to-peer messaging network, off-chain transactions via Lightning Network or Plasma to accelerate transaction confirmation and incentivize users to contribute storage space and network resources through checkbook contracts. 

Near-field, peer-to-peer connection based on Wi-Fi, Bluetooth, ANT and other protocols, with the increase of distributed nodes, this mesh networks will be better, and ultimately becomes a world parallel network to the Internet. 

Comments

Popular posts from this blog

Substratum and the Tech

Tron and its BlockChain implementation