lot49 – Idelto

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The Human Rights Foundation (HRF) has announced the latest beneficiaries of its ongoing Bitcoin Development Fund: Bitcoin developer Ben Kaufman and the team at Global Mesh Labs will each receive grants of $25,000.

HRF launched its fund last year and it has supported privacy- and sovereignty-enhancing Bitcoin projects like CoinSwap, JoinInbox, Zeus, Fully Noded and package relay. This latest round of grants was backed by cryptocurrency exchange Gemini and its Gemini Opportunity Fund.

Kaufman will be using the grant to improve Specter Desktop, an interface that makes interacting with Bitcoin Core much more user friendly. The project aligns with HRF’s focus on sovereignty, as it makes it easier to run a full Bitcoin node free of reliance from any third-party service.

“Specter is optimized to allow users to fully harness the power of hardware wallets, air-gapped devices and multisignature setups, and is aimed at expanding the number of Bitcoin full nodes and strengthening Bitcoin’s decentralization,” according to an HRF press release shared with Bitcoin Magazine. “Ben’s work on Specter will make it easier than ever for anyone to be their own bank.”

The team at Global Mesh Labs, which includes Richard Myers, Fodé Diop and Will Clark, are working on Lot49, an Android application that adapts Bitcoin and Lightning Network implementations to serve regions with low and intermittent internet connectivity.

“With Lot49, Richard, Fodé and Will aim to make Bitcoin more usable in mobile-first environments with spotty internet connectivity, unstable currencies and poor infrastructure,” according to the release.

HRF is working to raise additional support for the Bitcoin Development Fund and to award grants to several Bitcoin projects per year. Gifts, which are tax deductible, can be made through HRF.org/DevFund and support proposals can be submitted to [email protected]

The post Human Rights Foundation Provides Grants To Specter, Lot49 appeared first on Bitcoin Magazine.

Mobile mesh network company goTenna has released the white paper for its new Lot49 protocol, an open-source project headed by company subsidiary Global Mesh Labs.

goTenna has previously made headway in the crypto space with its work on decentralized mobile mesh networks, attempting to create a censorship-free method of carrying out bitcoin transactions without the need of an internet connection. In April 2018, the company partnered with Samourai Wallet to create a mobile app that allows users to make transactions without being hooked up to an internet service provider or cell tower.

The new Lot49 protocol is goTenna’s latest attempt to contribute to the decentralized mesh protocol network, using the Lightning Network to incentivize data delivery. Micropayments are paid out between nodes that host the mesh network without internet connection, encouraging users to maintain an active ecosystem of devices without relying on the internet.

Lot49’s white paper was released on June 11, 2019, and includes a fairly comprehensive introduction to the project as well as some of the more technical specifications.

According to Richard Meyers, goTenna’s decentralized applications engineer, while Lot49 is based on the Lightning Network, it has been “adapted for very low-bandwidth ad hoc mobile networks and therefore is also applicable to less-constrained mesh topologies.”

Myers told Bitcoin Magazine that Lot49 was built around this technology not only for ease of use. The developers at goTenna also believe “it’s important to standardize on the most secure and decentralized cryptocurrency available.”

Those looking to use other crypto assets through Lot49’s secure payment channels will first have to convert them to bitcoin through conventional methods.

Promoting Freedom, Security Through Decentralized Mesh Networks

Myers said that this development strategy led to the two biggest challenges in coding the protocol: “The first was no direct access to the internet … The second was generally how to minimize the overall network bandwidth used for incentive payments relative to the message data we are incentivizing delivery of.”

To accommodate the possibilities of the Lot49 protocol being as low-bandwidth as possible, Myers mentioned that the company plans to add mesh network compatibility to a number of hardware devices. Starting with devices already made by goTenna, the hope is “to run on other mesh devices as well as long-range (HF) radio and satellite.”

“In places with a sufficient density of users,” Myers said, “people should be able to use the incentivized mesh network as their primary instant messenger to chat with their friends and family. This will likely be most appealing in places where the cost of traditional centralized communication is high, or unavailable.”

Looking to the future, Myers said, “As more people use mesh communication, governments will have more incentive to open up radio spectrum for peer-to-peer communication. It will also make oppressive governments less able to censor and surveil communication because it will be much more difficult. Incentivized communication will also spawn an ecosystem of information services paid for with bitcoin over mesh networks.”

He added that Lot49 is open source because, among other reasons, “We hope the bitcoin developer community can help us ensure our protocol is as trust minimized, resilient against attack and resource efficient as possible.”

The post Mobile Mesh Network Users Get New Incentives via Lightning appeared first on Bitcoin Magazine.