Net Neutrality is the principle that Internet Service Providers should enable access to all content and applications regardless of the source, and without favoring or blocking particular products or websites(1).
Basically, Net Neutrality allowed a freer Internet to exist where companies could not dismantle and degrade the Internet as it is tampering with speeds and blocking content.
Although, that’s gone and over with.
There is a solution and one that exists right here in the Cryptocurrency realm.
Substratum and Net Neutrality
Substratum ICO’d in the middle of 2017 with a mission:
“An open-source network that allows anyone to allocate their spare computing resources to make the Internet a free and fair place for the entire world.”
Now, the original intentions were to help with dictatorships and encroaching governments that would block access and Internet to its people.
China is one of the biggest bad guys in the field.
Although, with Net Neutrality being repealed allowing companies to charge more and block content they feel necessary in the United States, Substratum seems to be the answer.
By having computers across the world getting bits of the search data, although coded, it can allow someone to be on the Internet freely, similar to a VPN but without jumping through hoops and without the ability to trace the data.\
It’s a codified method for free Internet…
And that’s why Substratum and Net Neutrality go hand-in-hand as it ensures the rights that Net Neutrality helped keep.
With all of that, it seems that people are starting to take notice, as today alone the price of Substratum has gone up to $.23 after sitting around $.11 and seems to be on an uptrend (per coinmarketcap).
Will it continue?
We don’t know, but what we can say is that the mission and nature of what Substratum is trying to do is a noble one, and it is companies like this with the real world, practical application that will be the Google and Amazon of tomorrow.
The United States has decided to do away with legislation that regulates internet service providers. Known as net neutrality, the regulations ensure that ISPs cannot dictate or block customer access to data and other services. Lead by President Trump, Republicans have criticized the regulations as overreaching, while Democrats believe them necessary to ensure fair and equal access to web content.
THE END OF AN ERA
On December 14th, the United States Federal Communications Commission voted to repeal net neutrality. In a 3-2 vote, the FCC opted to undoe the Obama-era regulations that oversee how internet service providers charge for and manage data access.
With net neutrality, ISPs cannot discriminate against certain content, applications, and platforms, nor can they charge users for quicker or exclusive access to internet services. During Obama’s presidency, the FCC voted in net neutrality by classifying internet providers as Title II common carriers. Today’s decision removes this classification, undoing the legal backing that gave net neutrality its legitimacy.
Jessica Rosenworcel, one of two Democrats on the FCC, said that the vote puts the commission “on the wrong side of history, the wrong side of the law, and the wrong side of the American public.” She believes that the repeal gives service provider a “green light to…discriminate and manipulate your internet traffic.”
SUBSTRATUM BENEFITS FROM THE NEWS
Substratum, a decentralized web platform, ran up to a new all time high today in anticipation of the vote.
With the service, users can access the internet through a network of nodes connected to Substratum’s blockchain. Access points are broken up into multiple individually run servers, making the platform completely decentralized. Anyone can choose to host one of these servers by downloading Substratum’s client, receiving SUB, Substratum’s token, in compensation for their troubles.
Substratum is appealing to investors for its ability to essentially circumvent the problems net neutrality’s repeal may invite, as the service functions like a more efficient VPN or Tor browser. The protocol encrypts all traffic and data run through the network, meaning ISPs would not be able to determine how customers are using their internet.
That comes in the form of Substratum Network, where the internet is not only free but decentralized.
You read that right:
A Decentralized Internet.
And the best part is that they have their own token, helping to incentivize a contribution to a freer internet.
After topping off at $0.49 earlier today, Substratum dipped back down to $0.40. Following the news, however, it immediately began a steady climb upwards, and given the gravity of the FCC’s decision, it’s likely that we’ll see a steady increase in the hours (or days) to come. In fact, we wouldn’t be surprised to see Substratum (SUB) break 2.00- 2.50 in 2018. For investors with strong appetite for risk, this company (with a great mission) could potentially deliver hearty returns.
31.3K Twitter followers with 1K new everyday, new stuff to learn.#SubstratumBasics:
Earning $SUB w/ #SubstratumNODE will be the easiest form of passive income in #cryptocurrency. Take a look at our simple UI that will boost Main Stream Adoption with One Click Software.$btc pic.twitter.com/pqYStgGJOb
— Substratum (@SubstratumNet) December 15, 2017
Interested in still having a #free & #fair #internet? Then you need to check out #Substratum. We have the technical solution to the #censorship & #NetNeutrality problem & you can learn more by starting at:https://t.co/RYnC1OUJS1 $sub #cryptocurrency #blockchain $btc $eth pic.twitter.com/rKkOlGbta7
— Substratum (@SubstratumNet) December 14, 2017