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    Author Topic: Internet Architecture:Using Bitcoin to economically deter cyberattacks Thoughts?  (Read 138 times)
    Lightrunner (OP)
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    March 30, 2022, 09:58:28 PM
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    This discussion is based off a Michael Saylor interview found here: https://youtu.be/-LFofHs0Lsk?t=1504

    I am in a mentoring program for an ISP, where I have 10 months to deliver a capstone project to upper leadership.

    I think this would be a great opportunity to build a project based on the idea Michael Saylor talked about, to spread bitcoin's influence and apply to a use case.

    The idea is about securing areas of large networks against ddos attacks, or single websites against scammers.
    Honest people go through free, dishonest people pay a price. This is currently impossible, how do we deter criminals from adversarial countries if we can't punish them?
    Anyone that wants their internet traffic to go through to a large network, has to post collateral. The gateway to the network would be able to quickly verify the collateral is valid and redeemable.

    Once the cybercrime has been attributed to certain packets, the collateral attached to those packets is redeemed. This would economically deter criminals.

    So, open discussion:
    What problems with this do you see?
    How would you design this system?
    How would you make it so ddos packets from botnets can't share the same transaction used in the collateral?
    What potential hurdles are there?
    Would this technology be used by the ISP for good?



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