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Internet Bandwidth to Become a Global Currency?

ClimateCrisis writes to tell us that internet bandwidth could become a global currency under a new model of e-commerce developed by researchers from Delft University of Technology, Vrije Universiteit, Amsterdam and Harvard's School of Engineering and Applied Sciences. "The application, available for free download at http://TV.seas.harvard.edu, is an enhanced version of a program called Tribler, originally created by the Dutch collaborators to study video file sharing. 'Successful peer-to-peer systems rely on designing rules that promote fair sharing of resources amongst users. Thus, they are both efficient and powerful computational and economic systems,' David Parkes, John L. Loeb Associate Professor of the Natural Sciences at Harvard said. 'Peer-to-peer has received a bad rap, however, because of its frequent association with illegal music or software downloads.' The researchers were inspired to use a version of the Tribler video sharing software as a model for an e-commerce system because of such flexibility, speed, and reliability."

4 of 115 comments (clear)

  1. Re:Only if by Anonymous Coward · · Score: -1, Offtopic

    Iraq got invaded to make sure that it wouldn't. Why do you think the US is talking smack about Iran? It's got nothing to do with nuclear anything.

  2. "Working with assholes" the buzz in France, by Anonymous Coward · · Score: -1, Offtopic

    Well it could appear quite slang but i havent find any other translation for this new buzz in france and europe, the blog that should interest nerds, is call "travailler avec des cons" talking about a book that create quite big issue in France, about "how to work with assholes daily" lol so that is quite understanding... here is the blog, http://www.travailleravecdescons.com/ many videos so quite understanding

  3. Re:Only if by geekoid · · Score: 0, Offtopic

    I have a wonderful argument against that, but I won't bother with ACs.

    --
    The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  4. fuc43r by Anonymous Coward · · Score: -1, Offtopic