Breaking News
Investing Pro 0
Cyber Monday SALE: Up to 54% OFF InvestingPro+ CLAIM OFFER

Berty Foundation Gets $1 Million Nodle Cash Grant to Bolster Its Communication Protocol

Cryptocurrency Oct 13, 2021 10:01AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Berty Foundation Gets $1 Million Nodle Cash Grant to Bolster Its Communication Protocol

The Berty Foundation, a French non-profit, non-governmental organization, recently announced that it has received $1 million worth of Nodle cash in the form of a grant. The announcement comes in the wake of the partnership between Nodle, one of the largest decentralized wireless networks, and the Berty Foundation, which is a decentralized P2P communication protocol.

According to the Berty Foundation, the newly attained funding will bolster the team’s efforts in developing its ongoing project, a privacy-first messaging app that was initially launched in 2018.

On their own path, Nodle’s benevolent gesture was driven by a shared purpose, given that Berty’s technology relies on the privacy attributes of Web 3.0, which is also an integral part of Nodle’s core operation,

“We are thrilled to help and support the Berty Foundation to advance its privacy-first communication protocol. Privacy is at the heart of the Web 3.0 revolution and one of the core values of Nodle,” said Micha Benoliel, co-founder and CEO of Nodle.

Likewise, the French startup could not contain their joy over the new funding, which appears to have been a dream come true and, judging by the company’s official statement, is seen as “a real breakthrough for Berty.” Not only will the funding aid Berty in scaling faster, but it will ultimately secure the future of the organization.

“It will allow us to move forward more quickly on our new decentralized secure messaging protocol and the ability to communicate even without an Internet connection. More importantly, it will help secure the future of our organization,” read an excerpt from the official statement.

How does Berty work?

Berty is a ‘first-of-its-kind’ software application, which, unlike typical messaging apps, works either with or without internet access, cellular data, or trust in the network. In addition, the P2P communication protocol does not require personal data from users, such as names or mobile numbers, to stay operational.

Because Berty is seeking to build a censorship-proof messaging application, it adopts a similar end-to-end encryption model to the one used by conventional messaging apps, however, it takes security a step further by leveraging an open-source and fully distributed network built using the InterPlanetary File System (IPFS).

If you are wondering, IPFS is a peer-to-peer hypermedia protocol that powers the distributed web. It is designed to preserve data by making the web upgradable, resilient and more open. A close comparison to IPFS would be BitTorrent, and even though IPFS is a relatively new project, it has matured into a scalable solution.

By employing a distributed system that is slightly more advanced than a decentralized system, Berty is able to provide equal access to data for all users inside its network, while also allowing them to share ownership of the available data.

Regardless, Berty still makes use of a decentralized autonomous organization (DAO) as a way of protecting itself against direct, or indirect attacks from state actors in the future. As a result, the DAO serves as the underlying coordination mechanism that connects community decisions with decentralized infrastructure components, such as storage and computing services.

Ultimately, Berty aims to solve three major challenges faced by mainstream messaging applications, which include storage of data on central servers, partial or opt-in end-to-end encryption, and the application of closed-source software.

Nodle’s Operational Model and Its Relationship with Berty

Nodle is a citizen-powered, decentralized, wireless network that allows anyone with a smartphone to join the network and earn ‘Nodle Cash’ crypto through its ‘Nodle Cash’ app.

This is made possible because Nodle operates on a Bluetooth low energy (BLE) network which is touted as the world’s largest ecosystem of connected devices, providing infrastructure, software and access to data for the Internet of Things (IoT).

Developers and publishers of mobile apps can also monetize their applications by installing the Nodle networking library. By leveraging the Bluetooth Low Energy (BLE) standard on the Nodle network, any existing BLE device or sensor can easily leverage the network.

In comparison, the Berty messaging app also makes use of the same BLE model, which implies that connected devices can communicate with each other “off the grid,” i.e, without internet access.

To better understand the BLE model, you must first grasp the fact that Bluetooth is a wireless technology standard for short range data exchanges between electronic devices. There are two primary variants including ‘Bluetooth Classic (BR),’ and Bluetooth Low Energy (BLE).

While the first variant is designed in such a way that a master device can connect with up to seven other subordinate devices, the second variant, BLE, on the other hand, is more energy-efficient, but with the trade-off of offering much less bandwidth.

Regardless, the BLE concept is a more scalable alternative to BR, and can operate as both a master and a subordinate server, allowing for interconnectivity among distribution networks. Furthermore, unlike BR, it does not require prior pairing, meaning that users can simply open their application and begin conversing without any further configurations.

Berty, by utilizing the BLE model as an underlying infrastructure, will require device owners to have their Bluetooth turned on in order to make them an active node on the distribution network. This also means that each user in the distribution network serves as a distribution node.

Ultimately, Berty Technologies aims to achieve its vision of developing secure communication tools, while combating censorship, in order to provide a free channel for people all over the world to connect with one another.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Berty Foundation Gets $1 Million Nodle Cash Grant to Bolster Its Communication Protocol
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email