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How blockchain will manage networks

March 7, 2019

Ethernet networking technology is flawed, say some engineers. The problem is it doesn’t have any inherent security built in to it. Ethernet also hard to manage because it’s centralized. It’s out-of-date, and it needs revamping, researchers say.

One attempt to address the issue is the Marconi protocol, which is a strategy to shift network and packet management over to a smart contract, decentralized chain-based system. Smart contracts are trackable, verifiable transactions. They’re performed through encrypted blockchains and are self-enforcing.

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