A Proposal to Implement Bitcoin Protocol in the Linux Kernel

An implementation of a dependable protocol for decentralized networking by the Linux kernel is proposed on this article.

The proposed protocol establishes safe peer-to-peer communications between nodes in a decentralized community. On the identical time establishing and sustaining consensus between the entire nodes within the community regarding its state. A scheme known as Proof-of-work is used to find out the true state of the decentralized community. The information that determines the state of the community is held in a distributed ledger known as the Blockchain. The Blockchain is a series of transaction blocks (a data-structure that maintain the information of a number of transactions). These blocks are linked collectively by making the validity of a single block rely upon the hash of itself and the block beforehand created. Because the blockchain will increase, safety is made stronger. On the time of this writing there is not any identified method to gainfully compromise the blockchain.

1. INTRODUCTION

1.1 Linux Networking

Linux networking over the Web is very like different working techniques. Linux customers depend on the identical protocols utilized by Web customers worldwide. These protocols are relied on for what has turn into widespread technique of communications, like SMTP for e-mail, HTTP used for web sites, and SIP utilized by VOIP (Voice Over Web Protocol) providers. These protocols are used on a regular basis and are main instruments for throughout enterprise within the mainstream world. Because of the underlying complexities, these providers require individuals and companies that use them to rely upon a third-party to supply the amenities to make use of them over the Web. Generally counting on their Web supplier to additionally present entry to a number of different Web protocols.

1.2 Downside Identification

Such a reliance on third-parties for providers over the Web has given the Web a seemingly centralized structure. The place individuals rely upon a provider slightly than entry the useful resource instantly from the atmosphere. On this case the atmosphere is the Web. Centralized techniques are environment friendly, scalable, and possible, however include a dependency on individuals to be trustworthy when tempted with the likelihood for enormous acquire by dishonesty. Additionally, they supply a central entry level to delicate knowledge saved on the community, making a single profitable assault highly effective sufficient to cripple all the community. As a result of these limitations, centralized techniques include excessive threat and have confirmed to be a degree of failure in our society for the explanations talked about right here.

2. PROPOSED SOLUTION

2.1 Bitcoin Protocol

In October 2008 Satoshi Nakamoto launched a paper explaining a digital forex known as Bitcoin. Together with the outline of the digital forex he additionally defined a protocol for a steady safe decentralized community, the place consensus may be efficiently established between the nodes. bitcoin currency is an experiment that has tried the decentralized community protocol implementation. To this point Bitcoin has been profitable in lots of areas that the present centralized monetary techniques have failed. Any weaknesses revealed within the Bitcoin protocol will probably be a results of new utility challenges. Within the monetary sector, which is advanced and demanding, Bitcoin has proven that it is capable of deal with many different actual world issues we face on the Web at the moment. Leveraging Bitcoin as a decentralized improvement platform contained in the Linux kernel would enable for a neater safer, dependable, decentralized implementation of the preferred Web protocols in use at the moment. Protocols might be integrated into the center of working techniques utilizing decentralized expertise. This strategy would launch Web customers from dependency on third-parties to entry providers like SMTP, VOIP, DNS, and different Web based mostly providers. Consequently the Web based mostly providers can be decentralized, cheaper to handle, and their service insurance policies extra accessible to person affect.

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