BitShares Forum

Main => General Discussion => Topic started by: bitbro on May 13, 2014, 11:17:37 am

Title: Market for Bandwith
Post by: bitbro on May 13, 2014, 11:17:37 am

Would BitShares or blockchains allow for a bandwidth market?, the way Enron tried in 1999, albeit unsuccessfully




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Title: Re: Market for Bandwith
Post by: Troglodactyl on May 16, 2014, 01:04:14 pm

I think it's easy to get blockchain DAC-happy, but I don't see a dedicated blockchain for this as being useful.  I think what's needed is just a protocol for prepaid purchase of bandwidth on a mesh network.  It could work with any chain based payment system of course, and would likely also depend on an ID chain and perhaps others, but I don't see how a dedicated chain would help the business model.

Title: Re: Market for Bandwith
Post by: D4vegee on May 16, 2014, 08:47:40 pm

A bandwidth blockchain dedicated to DAC shareholders would be a fantastic idea. How it would be implemented or financially beneficial to miners is another thing. But a good idea in theory.