The Marconi Protocol is a blockchain and networking protocol that uses “programmable packet design” to improve network security, connectivity, and also enhance user privacy. On May 28th, 2018, Marconi’s development team published an extensive 30-page whitepaper in which they noted that blockchain technology aims to solve various problems associated with centralized platforms.
Blockchain Technology Allows Users To Truly Own Their Digital Property
Decentralized computing solutions, which are based on distributed ledger technology (DLT)-based networks, will allow us to store data and build applications in a manner which gives users more control over the content they produce and consume. For instance, Robin8’s Profile Management Ecosystem (PMES) lets subject-matter experts, inventors, artists, influencers, and other digital property owners upload their digital assets to QTUM’s blockchain network.
Software programs developed to interact with the QTUM blockchain allow us to verify the authenticity and integrity of users’ data and digital property. PMES’ users are able to prove that they truly own their data and digital assets.
Marconi Protocol: Building Secure Infrastructure For Blockchains
Although blockchain technology can help us streamline many different business processes, such as document authentication and identity verification, we also need solutions which allow us to communicate in a secure and efficient manner.
The internet of today is built on protocols such as Ethernet, which “do not have encryption built into their design.” As a result, “raw network packets are exposed” and centralized platforms are able to monitor and gain access to private user information. This, according to Marconi’s developers, poses a significant problem.
Today’s Internet Infrastructure Is Insecure, Difficult To Manage
As mentioned in Marconi’s whitepaper, existing blockchain projects
“continue to build atop the same underlying network infrastructure, which consists of switches and routers connected by Ethernet, a foundation which remains fragile due to being insecure, difficult to manage, and centrally controlled.”
In order to resolve these issues, the Marconi protocol uses a “unique” programmable packet design which allows decentralized networking apps to replace expensive hardware equipment by performing the same essential functions. According to Marconi’s developers, their protocol has been “designed down to layer 2,” or the data link layer, of the Open Systems Interconnection (OSI) model.
The Marconi protocol is also compatible with wired and wireless communication standards. It uses “smart logic” and advanced methods for processing network packets. Some of the key design techniques used to create the Marconi protocol specification are as follows:
- “forming secure mesh networks with decentralized traffic auditing and metering,”
- “programmatically jump starting branch chains connected to a global blockchain,”
- “virtualizing and binding OSI layer 2 connections,”
- “ranking peer nodes,” and
- “performing decentralized distributed network routing”
Marconi Protocol Mainnet Set To Launch On May 16th
As confirmed in a blog post, published on May 8th, 2019, from Marconi’s official Medium account, the “smart ethernet” protocol developers are planning to launch the Marconi protocol mainnet on May 16th, 2019.
Prior to preparing for mainnet launch, the Marconi team members were able to successfully deploy their testnet in December 2018. In February 2019, multi-cloud support and blockchain network security tools were integrated into the Marconi protocol. In March 2019, mining support was added as well.
In addition to releasing their mainnet this year, Marconi’s team will introduce staking on the platform’s sub-networks in October. Marconi link, which is an extension to Marconi Piper, will be launched in 2022. The new extension will allow the Marconi protocol to work with wireless networks. In 2021, Marconi’s development team will release “networking metering” which will be used to “capture server availability and bandwidth contributions.”
Renowned Cryptographer Joins Marconi’s Technical Advisory Board
Earlier this month, the Marconi team announced that they had partnered with Cryptic Labs, a blockchain-related advisory and research firm. Dr. Whitfield Diffie, the Chief Scientist at Cryptic Labs and co-inventor of public key encryption, will join Marconi’s technical advisory board.
Jong Kim, the Chief Architect for Marconi, stated: “As the co-inventor of one of the fundamental security technologies that power the entire blockchain ecosystem, Dr. Diffie’s expertise will be invaluable and we are honored to have him on our board.”
Commenting on the benefits and the main use case for the Marconi Protocol, Stewart Raphael, the Chief Technologist at Cryptic Labs, remarked:
“The team at Marconi has developed a platform that protects online activity and privacy which is becoming more essential every day. The Marconi Protocol enables anyone to quickly and easily spin up their secure gateway which essentially acts like a VPN. Peers can now establish secure connections between all nodes in a network so traffic is securely transported.”
- Source: First Appeared Here
- Published Time: 2019-05-15 16:55:13
The views and opinions expressed in the article A Secure Infrastructure for Blockchains do not reflect that of 48coins, nor of its originally published source. Article does not constitute financial advice. Kindly proceed with caution and always do your own research..
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