14 Dec The Federal Communications Commission (FCC) has ended net neutrality.
An hour ago, The Federal Communications Commission (FCC) has ended net neutrality.
The decision will have a huge effect on the way the internet works, opening the door for internet service providers (ISPs) to exert a huge amount of control over the internet and dictate what you use it for.
A little history on the topic.
Net neutrality prevents ISPs from slowing down connections for people attempting to access certain sites, apps and services, and blocking legal content.
Without the existing rules, they’ll no longer have to treat all internet traffic equally, and will be able to prioritize certain websites and services over others. Even adding on additional costs for the services you have the luxury of streaming today.
Why is it so important?
Without Net Neutrality, cable and phone companies could carve the internet into fast and slow lanes to control traffic and give more bandwidth to those who pay more, etc..
Also, the ISP could slow down its competitors’ content or block political opinions it disagreed with. They are now in control of free speech.
This repeal will certainly degrade the internet as we know it today.
Blockchain companies to the rescue!
There are two blockchain companies to pay close attention to now that net neutrality has been repealed. They are Substratum (SUB) and Maidsafe.
SUB- Will help us rebuild the freedoms of the internet! They offer decentralized storage and serving of content. They will give us back equal and fair access the internet.
MAID- world’s first autonomous data network. Decentralized internet without a set of federated servers, identifiable nodes or fixed pricing.
Let’s not lose hope nor sight of the future of these blockchain companies that can revolutionize the new world of the internet!