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RE: How Steemit inspired "free internet" can resolve net neutrality @BlockRush
OK, this is interesting but I'm a bit confused. In this model, the ISPs are the miners and the act of mining is providing internt service? I assume some token would be the ISPs reward. Now since the public is not paying for the service, what is the value of the token? If it is an existing token then mining cannot create it. If its a new token, then unstable exchange rates could shut down ISPs due to a token value drop.
Also, ISPs could give priorty to the big providers in exchange for money whether fiat or the token. So how does this ensure net neutrality?
Is there anything with more detail that I could read?
good reasoning @voice-of-reason, however:
note that ISPs would not have to serve as miners. we are using the Steem blockchain model where ISPs would simply act as "service provider" similar to how Amazon hosts Steemit without being a "miner".
also, if Steem has value based on the content created on Steemit, the value of a token which powers all the content on the internet would be priceless!
then again do not forget, Blockchain is open, transparent, autonomous and decentralized. ISP cannot play unfair with a Blockchain powered system
finally, this is simply a concept, I am sure should the engineers sit down, they would be able to figure out a master plan to make it wrk!
we wrote a post exclusively to address your questions! read it here > https://steemit.com/savethenet/@blockrush/addressing-the-potential-challenges-of-a-blockchain-powered-internet-blockrush
@voice-of-reason here is everything you need to know about Bitcoin's SegWit and 1st August > https://steemit.com/bitcoin/@blockrush/bitcoin-segwit2x-and-everything-you-need-to-know-about-1st-august-blockrush