Overview

A new blockchain protocol using programmable packets to enhance security, privacy and net neutrality

Project stage

Only a whitepaper

Detailed description

A new blockchain protocol using programmable packets to enhance security, privacy and net neutrality. The Marconi protocol is designed down to the ethernet level and powers adecentralized networking stack that provides privacy, security, net neutrality and upgradability.

Marconi is a networking and blockchain protocol that allows smart contracts for network packets. The protocol has been designed down to layer 2 of the OSI model and works with wired and wireless standards. Contributions covered in this paper include systems and methods for processing network packets using smart contracts, forming secure mesh networks with decentralized traffic auditing and metering, programmatically jump starting branch chains connected to a global blockchain, virtualizing and binding OSI layer 2 connections, ranking peer nodes, and performing decentralized distributed network routing.

Problem

The first problem is that today’s network infrastructure is insecure. This is because it’s powered by Ethernet, a networking technology that has improved in terms of bandwidth but otherwise has gone relatively unchanged for the past 30 years. Ethernet was devised during an age unconcerned with privacy and security when the main focus was instead on connectivity, thus Ethernet has no encryption built into its design. This exposes raw network packets, allowing internet service providers and governments to easily monitor and surveil user activity.

The second problem is that core network infrastructure is inflexible and difficult to manage. The switches, routers, and bridges that form the network are hardware driven and expensive to buy, configure, and maintain. Adding network capacity or new functionality like intrusion detection and prevention systems or load balancing typically requires installing new network appliances. Even upgrading existing equipment can cost considerable overhead since updates may require firmware changes which in some cases must be done on-site.

The final problem is that current network infrastructure is centrally controlled. In any given region, a small number of entities often just one or two internet service providers serve as the gateway for all internet traffic. When the internet service provider suffers fiber cuts, equipment failure, or purposely interrupts service to perform maintenance, all users lose internet access. Businesses get hit especially hard as loss of internet can halt operations or productivity

Solution

Marconi, a protocol that enhances and can even replace existing network infrastructure, allowing any network to realize the full benefits of decentralization. Marconi is a networking and blockchain protocol designed down to OSI layer 2 that allows smart contracts for network packets. Marconi addresses the existing challenges by:

  • Securing Ethernet with packet-level encryption.
  • Augmenting existing network infrastructure with smart packet contracts and programmable branch blockchains to enable dynamic network adjustment and novel security and networking applications.
  • Decentralizing ownership of network infrastructure by incentivizing the formation of mesh networks where user devices provide switching, routing, and packet processing functionality.

Features

Ethernet-Level Encryption
Secure communication pipes established at Layer 2 of the OSI model provide packet-level encryption that’s more secure than just using SSL and TLS.

Programmable Packets
Decentralized apps with direct access to network packets provide network administration and security functionality without expensive custom hardware.

Branch Chains
Branchable blockchains enable the creation of new decentralized networks without traditional infrastructure that's controlled by just a few entities in any given region.

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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : MARCO
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : NA
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :NA
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist N/A
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :NA
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
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  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA

Sale schedule

Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
Public sale — Soon
Start Soon
NA No - Uncapped Uncapped
  • Team

    • Jong Kim photo
      Jong Kim
      Blockchain
    • Darryl DeWeese photo
      Darryl DeWeese
      Networking
    • Albert Yuen photo
      Albert Yuen
      Security
    • Di Wu photo
      Di Wu
      Platform
    • Kyle Fischer photo
      Kyle Fischer
      Infrastructure
    • Peter Lai 2 photo
      Peter Lai 2
      Operations
    • Chris Lee photo
      Chris Lee
      Product & SDK
  • Advisors

    • George Li
      CEO of WeTrust
    • Matthew Liu
      Co-Founder of Origin
    • Jay Srinivasan
      CEO of Spoke
    • Joyce Kim
      ML & IOT Researcher
    • Tom Pageler
      CSO of BitGo
    • Glenn Entis
      Serial Entrepreneur

Roadmap

No information

Activity

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