The implications of this are crazy...we are due for a new Tor as it has been comprimised.
The user is able to freely connect to the decentralized P2P VPN network freely through ways they choose. This allows for increased security. The static verification of identity can lead to security breaches, potentially causing the leak of sensitive information. Bitnet verifies the “identity” of its users dynamically through the blockchain, where the ever-changing credentials to log in are securely stored.
How would this work? Why would anyone store login credentials on the PUBLIC BLOCKCHAIN?All of this information is also completely anonymous. Connection to a VPN node through Bitnet is virtually invisible because this network is decentralized. Once connected, you can see what they see, while nobody else can see you. This VPN is, in ways, the “first civilian TOR.”
I don't understand what you mean by "you can see what they see, while nobody else can see you". Can you explain this? Also, does this provide the same protection as TOR where you need three relays in between you and the endpoint?Bitnet also enacts a unique domain system with virtually infinite possible combinations. The domain names are as follows: http://(wallet-address) without the parentheses.
So if someone know the identity behind that bitcoin address, they will know who is running the service. That means that the service owner needs to be very very careful in order to stay anonymous.Any business or enterprise may set up their own website on Bitnet with the only cost being server utilities. There is no required domain registration fee. Since this is P2P, a business may trade even outside of its regional limitations. This is especially useful in a communist state like China, where censorship is such a problem. You can see what you deem fit, not what the government deems fit for you. The list of applicable uses for Bitnet goes on from P2P instant messaging and phone systems; there’s a plethora of useful feature to choose from.
Sounds like torBitnet As a Whole
Tor and I2P are two similar projects to Bitnet. However, Tor and I2P receive heavy government and private funding because of their applicable uses in privacy and security. The developers behind Bitnet hope to create the third multi-node, decentralized client of importance.
In this sense, Bitnet really is a civilian implementation of Tor. Unlike the previous two, Bitnet is Chinese. Tor and I2P are American in origin and not necessarily tailored to the needs of people who need decentralized anonymity in the world. Bitnet comes in as a personalized system that can be suited to the needs of the individual user.
Oh great, the Chinese. The Chinese government and their censorship. Whoever makes this had better be very well educated in computer and network security. So far, Tor has not be cracked. The encryption is sound and so is the security. Whoever does this needs to make sure that the Chinese government and other censors cannot censor this network.Tor and I2P are two similar projects to Bitnet. However, Tor and I2P receive heavy government and private funding because of their applicable uses in privacy and security. The developers behind Bitnet hope to create the third multi-node, decentralized client of importance.
In this sense, Bitnet really is a civilian implementation of Tor. Unlike the previous two, Bitnet is Chinese. Tor and I2P are American in origin and not necessarily tailored to the needs of people who need decentralized anonymity in the world. Bitnet comes in as a personalized system that can be suited to the needs of the individual user.
I don't see how this will be any different from Tor? Why not just use Tor which is well established and has sound security?
Yeah, I don't get any of this. The point of security is storing nothing, that's why if you are paranoid about security you get told to use Tails where nothing it's stored. Tor Browser stores nothing as well tho, since its on the RAM, but your OS is prone to being attacked, but its generally enough.
