Can we Consider Blockchain the Fifth Protocol in the System of the Internet?

[Goodcat49]

Since its very beginning, the Internet has been the largest and most popular network in the world. It is used for the distribution of every kind of information, starting with news and ending at entertainment. Cryptocurrencies, powered by Blockchain technology, can be seen as a natural extension of the Internet, modernizing its working principles.

The Gamechanger
Blockchain tech has given a lot of cryptocurrencies life and provided them with a wide range of features, such as increased levels of security, immutability of transactions, and a global customer base. Over time, digital currencies have extended to enter other areas of people’s life. They can be used for weeding out voter fraud and paying content creators instead of advertisements, for example. The Internet would indeed have much fewer problems if it was to implement the working principles of this new fintech.

By using the exchange of "value" on the Internet, computers can communicate with each other to establish legitimacy. For example, for some parts of the Transport Layer, a crypto-based transaction may be required at each stage to ensure that packets are received from a trusted source and do not waste network resources.

Besides, decentralized platforms can enable the Internet to develop resistance to censorship and ensure freedom of speech. Now a few large enterprises control the iteration of the Internet and they can easily distort the mood of users for some private gain.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/can-we-consider-blockchain-fifth-protocol-in-system-of-internet/