How Cryptocurrency Can Decentralize the Internet, Fight Corruption

What will the Internet look like in 10 years? Or 50? If the Internet’s rapid evolution so far is any indication, it won’t be the Internet we know today.

Some people—only time will tell whether they’re idealists or fortune tellers—think a decentralized Internet has a shot. And some think cryptocurrencies could play a role in this future. Last week, developer Greg Slepak joined the Epicenter Bitcoin podcast to discuss the ways that the Internet structure could be improved with cryptocurrency. Slepak and other developers are pursuing these ends at the okTurtles Foundation. (The name implies shell-like security, but Slepak explained that the name emerged because he “really liked the word turtle” in 2012.)

The discussion kicked off with an analysis of DNS, the name system that matches IP addresses to human-readable addresses. There are a couple of problems with it as it stands. Slepak pointed out that governments can (and do) censor websites using the DNS system. For most people in developed countries it isn’t a problem of censorship, but “fairly significant” security issues and surveillance, Slepak explained.

HTTPS, which is another vital component of the Internet, secures communication over the Internet and prevents man-in-the-middle attacks. It’s

Read more ... source: Cointelegraph