“There will be a situation in the Internet era. You may be friendly with someone who is thousands of miles away, but you don’t know who your neighbors are. And the Mesh network on the contrary, it is mainly in a dedicated local area network that restructures people’s communication method and relationships. Therefore, the meaning of Mesh network is to bring people back to reality.” Ray Xiong, CEO and CTO of IntelliShare explained the difference between the Mesh network and the traditional Internet to Xiha Finance.
In a sense, the Mesh network is similar to the Internet. So it is often claimed that Mesh is the next generation Internet. In the burst of blockchain eruption, Ray, who has lived in Silicon Valley for many years, is determined to return to China to start a business. IntelliShare is a project that combines blockchain and Mesh technology.
Why the Mesh technology that has developed for 30 years is not as popular as blockchain today?
In 2009, Ray read the white paper of Satoshi Nakamoto in the US. He used the word “shocked” to describe the mood when he was reading. Recalling this, he laughed, “It’s a pity that I didn’t dig mine at that time, otherwise I’m a so-called biggie now.”
It is undeniable that the blockchain did not receive much attention when it was born. However, from did not be understood, to is considered to subvert the world in the future, blockchain only took less than a decade — but Mesh technology is not so lucky.
In fact, Mesh technology appears earlier than blockchain and its development has been for 30 years. This technology has only been applied in a small number of areas, but has not been widely used in some civilian or commercial applications. Therefore, Ray chooses to integrate Mesh network with the blockchain technology and one of the most important tasks is to dig out its commercial value.
IntelliShare brings blockchain and Mesh networks together into a new ecology
In Ray’s view, the emergence of blockchain has led to a new possibility for the development of Mesh technology: blockchain can lock a consensus system through its incentive mechanism and combine with Mesh, so that the value of each Mesh network node can be completely locked.
In the IntelliShare system, Mesh device nodes can bring their own blockchain light nodes and utilize the blockchain technology for value locking and incentive system to build the Mesh network’s business ecosystem.
“From the technical background, the structure of Mesh technology and blockchain technology is actually very similar. In simple terms, Mesh technology and blockchain technology are processes that can self-extended, self-expanding, self-repaired and self-organized. The difference is that Mesh Network is a technical consensus formed at the level of the underlying network and blockchain is the consensus mechanism on the underlying network.” Ray said.
The maturity of Mesh technology determines the stability of Mesh ecology. The signal strength of the traditional Mesh network would decline slowly with the skip of the number of the nodes. IntelliShare has its own netpool technology. “ According to our team’s data model of Mesh network test at the present stage, this attenuation rate can be controlled at about 1%.” Ray said. The netpool technology is the core technology of the nodes of the IntelliShare Mesh. The extension features of the nodes of the IntelliShare Mesh can break the quantity limitation of the equipments, that is the interconnecting equipments between the nodes do not have corresponding connection problems with the increase of the number of nodes, they can maintain their smooth and multi-hop feature. At present, IntelliShare Mesh technology has also been used in some emergency network constructions.
In fact, the idea of “Mesh network+ blockchain technology” is not unique to IntelliShare. It has been pointed out that there is a hope to build a “parallel Internet world” with the Mesh network that combined with blockchain technology. Ray does not agree with this, “it’s too early to say that Mesh can completely replace parallel networks. Mesh network is more like a customized and exclusive local area network(LAN), it is an ad-hoc network that can be automatically formed. So now we think that Mesh network is more likely to be a supplement to the current network rather than forming a so-called parallel network.”
“In the overall project success, the blockchain technology accounted for only 30%”
Ray went to the US in the 1990s and witnessed the Internet’s bubble and rise. Ray is indifferent to the chaos in the current blockchain market.
In his opinion, although the blockchain dividend has made many people insanely rich overnight, the real moment of the blockchain has not yet arrived. The immediate imperative of the market is to implement technical and guidance work and talent training. “Otherwise, China may completely fall behind in the blockchain project after three years.” Ray said .
Although has spent a lot of effort on technology development, Ray believes that for a successful blockchain project, technology actually accounts for only 30%.
“Because the success of a blockchain project is actually determined by three parts. The first is capital, and the second is the construction of the community. We care a lot in this part because the state of development of the community determines the degree of the blockchain project is accepted. In fact, blockchain is actually a consensus. There is no value without consensus. After that, the last part is technology. ”Ray said.
Although Ray has been abroad for many years, he has positioned the company’s culture very traditionally: Right place, right time and cooperative people.
In his view, “right time” represents the support of capital, “right place” represents the company’s emphasis on technology, and “cooperative people” represents their construction of community operations. In these three points, Ray said that he values community construction most.
When Xiha Finance asked Ray, whether he came up with some experience or not after several years of research, he said, “In the past few years, I personally came up with an ultimate understanding of the blockchain project: Without consensus, there is no value.”
Reference:www.xhcjtv.com
