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Author Topic: [2017-14-12]Net Neutrality repeal May Drive Ethereum Blockchain Innovatioin  (Read 19 times)
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December 14, 2017, 01:44:04 PM

Ethereum blockchain developers are apparently optimistic about the possible repeal of net neutrality rules. Many welcome the shift as it may encourage new interest and fresh innovation in blockchain technology. It could also affect the price of Ether, currently trading at $719 — up by about 6.15% within last 24 hours.

After weeks of public outcry and protests, the FCC votes on a repeal of net neutrality later today. Despite broad opposition to a repeal, the federal regulatory body is expected to approve the changes. Under the Obama-era rules, ISPs cannot limit access to the internet, or charge extra fees for content. Repeal of net neutrality could allow internet providers to offer “fast lanes” for paid content. Critics argue the change would drastically change teh internet and stifle competition.

However, Ethereum developers see opportunities to sidestep ISPs altogehter. According to them, a repeal of net neutrality may revive interest in mesh networks, an old technology allowing users to access the internet without a conventional provider. Like blockchain, mesh networks are decentralized and rely on a community of users to work. Ethereum developer Karl Floersch believes the technologies could bypass ISPs like Verison, Comcast, and AT&T.


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