Chinese University Introduces Better Internet On A Blockchain

The internet as we know it is not perfect. A team from a major Chinese University says they have something better.

Chinese-University-Introduces-Better-Internet-On-A-Blockchain

A Chinese university is suggesting blockchain technology as a better way to manage web domain names, Coindesk reported October 5.

The Shenzhen Graduate School at Peking University is exploring how a “consortium blockchain” can improve security and efficiency in managing top-level domains (TLDs), according to a patent application published on Thursday by the U.S. Patent and Trademark Office.

china-flagThe team claims that while the current standard internet name system is already based on a distributed system, there are still some “technical problems.” For example, the existing distribution of root name servers is uneven around the world.

As a result, internet users in Asia enjoy a considerable slower domain name resolution speed rather than those in North America. In addition, when a root name server in Asia malfunctions, the requests of more than 20 million Internet users for domain name resolution will be affected. “It also result in a results in a significantly lower reliability in Asian domain name resolution,” the filing states.

As the blockchain invention share data in a public and immutable way, the filing continued:

Trusted agencies and even individuals can access information on blockchain and build a corresponding seed file database to store the mapping relations between the top-level and sub-domain name system.

Consequently, all regions can set up domain name servers according their real-world needs “in order to ensure speed of internet access without being limited by other institutions.”

The proposed system also split the domain name system into two layers with each one corresponding to a sub-domain name system. The holder of the TLD gets to decide how the sub-domain system is designed. Thus, “the sub-domain name system can be designed as either centralized system or decentralized system according to the institutions’ wishes,” the filing writes.

An extra advantage is that no consortium or small group” can control the entire process since it is based on system of distributed nodes. While cryptocurrencies are more likely prone to the so-called “51 percent attack,” allowing only trusted nodes means the proof-of-work mechanism by which miners secure a network is not needed.

The team further boasts the system as “completely compatible with the existing internet.” Adding that “through a more concise and efficient consensus mechanism, the safety and reliability of the system are ensured, and the efficiency of the system is improved; the layered system structure ensures the efficiency and portability of the system.”

Hooked on the latest blockchain news? Itching to get the newest deets on your favorite crypto? No problem! Here, check out our most current crypto news, fresh from the oven.

Summary
Chinese University Introduces Better Internet On A Blockchain
Article Name
Chinese University Introduces Better Internet On A Blockchain
Description
The Shenzhen Graduate School at Peking University is exploring how a “consortium blockchain” can improve security and efficiency in managing top-level domains (TLDs).
Author
Publisher Name
Ibinex News
Publisher Logo

Related Cryptocurrency News