Thread by @M6Labs

Wireless networks are the gateway to the internet but aren’t transparent, which can soon change

With the internet transforming, some question whether the telecom industry can serve the next generation of internet users

Decentralized Wireless (DeWi) is the solution

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1/ Traditional wireless networks are restricted by bandwidth, congestion, service lags, and outages

Customers must deal with these issues in addition to determining the appropriate coverage, which is often complicated and costly

2/ #DeWi aims to revolutionize how communication networks are built, operated, and owned by encouraging operators to deploy and maintain telecom hardware in exchange for token rewards

Thanks to mobile phones, 66% of the world uses the internet, up from 7% in 2000

3/ Before we continue...

This is just a summary, you can read the full article here: m6labs.co/p/decentralize…

4/ The rise of new technologies, such as autonomous vehicles, the Internet of Things, smart cities, and virtual reality environments, has increased global demand for higher bandwidth and lower latency networks

5/ @helium, a new decentralized network, is working to address these systemic, costly, and inequitable issues by introducing coverage operated by a cluster of nodes, each emitting radio frequency from their location

6/ Hundreds of thousands of people can easily earn rewards, gain more reliable coverage, and contribute to developing a robust network by allowing anyone with a Hotspot to participate in the network

7/ The Helium Network runs on a proprietary algorithm called Proof of Coverage, verifying that Hotspots are located where they claim

It uses radio frequency (RF) technology to generate confirmations that aid in the operation of the network

8/ The company behind Helium, Nova Labs, has announced its intention to transform Helium into a decentralized platform on which any type of telecom network can be placed

This strategic shift transformed Helium into a network of networks

9/ DeWi networks employ a token distribution mechanism that rewards participants for performing verifiable work in the real world

This incentive system is in charge of the economic flywheel that allows a network to be bootstrapped without the assistance of a centralized entity

10/ A protocol can motivate participants to bootstrap the supply side of a network until its coverage is extensive enough for end-user use

This enables protocols to gain the initial momentum required for adoption and competition with centralized telecommunication services

11/ Operators can use DeWi to enter automated revenue-sharing agreements based on the revenue generated by each hardware device

In TradWi deployments, operators must pay a fixed cost to landlords

12/ DeWi enables users worldwide to build networks in parallel, which is significantly faster than the centralized method

With TradWi's macro coverage and DeWi's small cell coverage, 5G may become more accessible worldwide

13/ Decentralized Networks are the future of telecommunication services

Nova Labs is well-positioned to expand and strengthen its coverage

The DeWi sector is still in its infancy, but its potential to transform the telecom industry is undeniable

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