Bitcoin News

Bitcoin’s lightning has the capacity to power mobile communications, researchers are on it

Bitcoin’s lightning network could be more than it has always been. Instead of just helping Bitcoinners conduct faster transactions on the Bitcoin blockchain, it can be used to power decentralized mobile communications.

A research done by GoTenna, a mobile networking company, has explored how to use blockchain and cryptocurrency to build programs that enable users to have more control over their data.

GoTenna has released a new paper describing how decentralized mesh networks for sending mobile communications like text messages would be powered by Bitcoin micropayments. GoTenna has also established a new subsidiary Global Mesh Labs LLC to move forward with the goal.

The project’s website argues that 80 billion mobile messages are sent daily via internet service providers ‘ASPs” and carriers. Mobile mesh offers a decentralized and anti-fragile alternative that can extend connectivity to places centralized networks cannot reach.

The paper argued that one hurdle to mesh network adoption is because people aren’t motivated to run the infrastructure required to relay data across the network. GoTenna tries to have a solution to that by describing a new trust-minimized protocol with the Bitcoin’s lightning, Lot49, which would pay users for relaying data.

GoTenna engineer Richard Myers explains that:

“Any node can earn a reward for providing data for others and by being at the right place at the right time,”

The proposal is on a couple of Bitcoin proposals that have been discussed but haven’t been incorporated. Schnorr signatures and sighsh_noinput . Before trying and building out the protocol, these things need to be added, if the Bitcoin community reaches an agreement.

According to the paper:

“To reduce incentive protocol overhead we propose using signature aggregation, simplex payment channel updates and payment channels formed between mesh nodes within direct communication range,”

Do you think Bitcoin’s lightning network could power mobile communications?

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coinmag

Philip is an experienced blogger keen on staying updated with trends and news surrounding the blockchain and Bitcoin space. With several years of freelance experience in various industries, Philip brings his knowledge and experience into the crypto space.