Share this article
Could Bitcoin's Lightning Power Mobile Communications? This Startup Thinks So
New research from mobile mesh networking company goTenna explores how bitcoin's lightning network can help decentralize mobile communications.
Updated Sep 13, 2021, 9:18 a.m. Published Jun 13, 2019, 4:00 a.m.
Make us preferred on Google
New research from mobile mesh networking company goTenna explores how mobile communications can be decentralized with the help of bitcoin's lightning network.
Technologists have long explored how to use cryptocurrencies and blockchains to build programs where users are more in control of their data. GoTenna, the company behind mesh network devices for internet-less connections, is exploring a novel approach.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
To that end, the GoTenna team has released a new paper describing how decentralized mesh networks for sending "mobile communications" (such as text messages) could be powered by bitcoin micropayments. What's more, they've establised a new subsidiary Global Mesh Labs LLC to move forward with this goal.
"80 billion mobile messages are sent each day via carriers and [Internet Service Providers (ISPs)]. Mobile mesh networks offer an anti-fragile, decentralized alternative that can extend connectivity to places centralized networks can’t," the project website argues.
One hurdle to mesh network adoption is that people aren’t really incentivized to run the infrastructure required to relay data across the network, the paper argues. GoTenna attempts to fix that by describing a new “trust-minimized” protocol with bitcoin’s lightning at the center, called Lot49, which would pay users for relaying data.
"Any node can earn a reward for relaying data for others and by being at the right place at the right time," the paper, written by goTenna engineer Richard Myers, explains.
The proposal is reliant on a couple of bitcoin proposals that have been widely discussed, but haven't yet been incorporated: Schnorr and sighash_noinput. Before building and trying out the protocol, these things will need to be added, if the bitcoin community agrees that they are good changes to make.
One is Schnorr, a much-anticipated, new bitcoin signature scheme that was first proposed years ago, and has seen progress recently through the release of test code.
“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,” the paper explains.
Light garland image via Shutterstock
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
BNB rises 2.5%, nears $900 mark as prediction market growth signals utility expansion
A new physically backed BNB exchange-traded product launched on Nasdaq Stockholm, adding to existing investment options.
What to know:
- BNB token climbed 2.5% to $89e, approaching the $900 resistance level, with increased trading volume suggesting fresh buying interest.
- A new physically backed BNB exchange-traded product launched on Nasdaq Stockholm, adding to existing investment options like Grayscale's pending ETF filing.
- BNB Chain saw significant growth in prediction markets, with platforms like Opinion Labs logging over $700 million in 7-day trading volume and cumulative trading volumes crossing $20 billion.
Top Stories
