Commotion is a free, open-source communication tool that uses wireless devices to create decentralized mesh networks. Commotion provides a way for you to share your Internet connection with the people around you, but it is not a replacement for your Internet connection.Wireless mesh networks allow devices to connect directly to each other without going through a centralized point. Mesh networks are self-healing and can grow organically. They also allow for easy sharing of services over the network, such as Internet and applications.
DNS is like the phonebook of the Internet. When you type in www.google.com, your computer asks a digital phonebook on the Internet (called a DNS server) what the address means, and gets back a series of numbers like 126.96.36.199. The problem is that these DNS servers are controlled by governments and large corporations, and could abuse their power to censor, hijack, or spy on your Internet usage. This happens on a regular basis across the world, including in countries like China as well as in countries like the United States.
Dot-Bit-enabled websites are immune to these problems, because instead of the phone book being a corporation or government, the digital phonebook is on your own computer.
A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data. By design, a blockchain is inherently resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.
A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. Smart contracts were first proposed by Nick Szabo, who coined the term, in 1994.
Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or both. The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting. Various cryptocurrencies have implemented types of smart contracts.
Seasteading is the concept of creating permanent dwellings at sea, called seasteads, outside the territory claimed by any government. The term is a combination of the words sea and homesteading. No one has yet created a structure on the high seas that has been recognized as a sovereign state.
Seasteaders say such autonomous floating cities would foster faster development of techniques “to feed the hungry, cure the sick, clean the atmosphere and enrich the poor”. Some critics fear seasteads are designed more as a refuge for the wealthy to avoid taxes or other problems.
The Internet of things (IoT) is the network of physical devices, vehicles, home appliances and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these objects to connect and exchange data. Each thing is uniquely identifiable through its embedded computing system but is able to inter-operate within the existing Internet infrastructure.
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
Open Garden, Inc. is an American company based in San Francisco, California, that develops a free, closed source mobile application called FireChat that enables peer-to-peer mobile Internet connection sharing with faster and more efficient data transmissions by automatically and actively choosing and switching to the best available network without requiring users to manually sift through available networks to find the best one available. Open Garden supports and promotes open wireless networks and is a member of the Open Wireless Coalition, which was founded by the Electronic Frontier Foundation.
Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Storj is a platform, cryptocurrency, and suite of decentralized applications that allows users to store data in a secure and decentralized manner. It uses blockchain features like a transaction ledger, public/private key encryption, and cryptographic hash functions for security. Furthermore, it will be way cheaper (10x-to-100x), faster, and more secure than traditional cloud storage services.
Synereo is a Tel Aviv based company, developing blockchain-enabled Attention Economy solutions, that allow direct monetization of original content, posted anywhere on the net, altering the future of content publishing and distribution.