NOIA Network — Programming the internet and solving the internet latency issue.
Alright, I get it; we all differ to an extent in our sense of value and hence ranking in order of importance, but if asked the biggest technological inventions since the advent of steam engines, majority will have the internet on top of their list. Well, even if you don’t consider it a great invention currently, you surely will…one day at a time.
The internet story is really an intriguing one and for many who have tried diving into the history; it’s a miracle!.
From what started as a wired connection of computers to enable intercommunication of devices to a global hub of computers communicating without wired connections and doing so at breathtaking speed and efficiency, opening up the world and becoming one of the pioneers of a new world and a big role player in the ‘jet age’. With the internet, the world is one click away; you probably sent or received an Email today, so I’m clearly not referring the WEB alone. But how exactly does the internet work?
How the internet works
A connection of computers communicating with each other. Possibly the easiest definition of the internet, and for a while you’d wonder how these devices do communication. The mechanism of the earliest form of the internet would be easier to grasp — A collection of computers within an area communication through wired connections. But present-day internet is way more complicated!
Ok, take a breath, I’m not going to bug you with some heavy technical explanations. The internet is a pretty complicated technology, mere imagination would reveal that! Well, here’s a pretty easier explanation of how the internet works.
Remember the last time you sent a package to a friend living some distance away? You did include their home address clearly to enable the delivery service locate them and deliver the package. To deliver this package, the delivery man had to follow certain routes which leads to your friend’s location. The internet works in a very much similar way.
Computers connected to the internet are assigned cryptographic addresses which identifies each computer; this is known as the Internet Protocol (IP) address. This could be temporal (assigned by an Internet Service Provider (ISP)) or permanent. Data from other computers connected to the internet are sent to your computer’s IP address, these are sent in chunks known as Packets.
To reach your computer, the data packet sent travel through routers which direct the packets through selected routes to other series of routers which guides the transfer of the packet to your computer.
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The multi-billion dollar issue with the internet.
The internet is unarguably impressive, on a very good you feel it is super amazing, but sometimes you don’t feel the same…maybe it could be made to perform even better and at all time, yeah we all feel the same!
As explained earlier, data sent over the internet are being conveyed to the recipient via a specified route with the routers guiding them through these routes and sending them to your or your recipients’ computer, the route via which data is sent is selected by the Border Gateway Protocol (BGP). Developed in the 1970s, the Border Gateway Protocol was designed for Internet Service Providers to find a path to any IP address through a series of independently operated network.
As a user trying to share data over the internet network, the Border Gateway protocol selects the shortest available route through which this intended data will be sent. This network model is clever but only efficient when the load of data is evenly distributed across the different routes available. However, this is not always the case and the shortest route might have a many data being sent through it at the same time, hence getting it congested with workload. Due to this issue, the shortest route is not always the fastest route — this is the main problem of today’s internet and the cause of internet lags and unreliability.
The Border Gateway Protocol could also suffer from hijacks leading to security breaches. These issues plague the internet today and have led to terrible losses for companies with estimated yearly loss of $700 billion suffered by companies due these numerous issues suffered by the internet today. While personal internet users may not suffer much from this, these shortcomings of our internet have once been felt by every internet user…and we crave for a solution!
NOIA to the rescue!
NOIA network is building a programmable internet. Simply put, a programmable internet is a interactive internet which solves the routing issue by selecting the most efficient route for data transfer; the most efficient route is the least crowded route. NOIA network combines the concept of a Software Defined Network (SDN), Segment Routing (SR) and the developing Internet protocol V6 (IPV6) to build a programmable internet which selects least crowded route in contrast to the currently used protocol which selects the shortest route. Sending data via the least crowded route ensure a more efficient transfer as data transfer is done with ease hence solving the internet latency issue
A Software Defined Network brings agility and flexibility to a network. Through a centralized control console, a network engineer can direct traffic without needing to access individual switches in the network. This means that congested paths, or paths with low capacity and speed, can be bypassed and avoided in favor of available and underutilized paths, resulting in improved performance.
IPv6 enables network administrators to encode independent routing information for data packets while Segment Routing enables routers understand this routing information. The trinity of Software Defined Network (SDN), Segment Routing (SR) and Internet Protocol v6 (IPv6) paves way for a programmable internet — a concept projected and developed by NOIA network.
NOIA network utilizes the blockchain technology (a distributed ledger system which serves as an immutable store of data) to keep a visible statistics of available routes in the network, nodes (a collection of data blocks) on the network serves as data transfer routes and with thousands of nodes always active on the NOIA network, users are always presented with various routes through which data could be sent on the network, the segmented routing and IPv6 which forms part of NOIA’s programmable internet technology selects the most efficient route for this data transfer.
NOIA’s Tokenomics
The NOIA token serves as the utility token of the NOIA network and embodies the virtues of the NOIA project, it is hence the traditional store of value for NOIA network, early adopters and users of the NOIA network will access the NOIA network infrastructure using the NOIA token.
It serves as an incentive mechanism for users of the platform with discounts available for users transacting with the NOIA token.
The NOIA token will be used for payments on the platform, to able to transfer data on the NOIA network, users will be required to pay in NOIA token according to their bandwith users, this is similiar to gas fees on the ethereum network. As users of NOIA network grows, the usage of the NOIA token also increases, thus driving value for the token.
Users are also expected to pay monthly subscription fees according to the number of end-points the user operates, this also goes into furnishing the NOIA economy and making the token more valuable.
Fiat payment gateways will also enable users purchase the NOIA token using credits cards, revenue generated from this process also goes into the network’s economy.
Further Reads
How segment routing and IPv6 is changing the internet
