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A Comprehensive Survey of Blockchain-based Mesh Network Projects




As blockchain gains in popularity, more and more people believe it to be an inevitable trend that blockchain technology will merge with Mesh technology. So far, several development teams have been working on this frontpressing ahead in order to deliver their versions of Mesh networking to the world as rapidly as they can. 

Therefore, many questions arise. Perhaps the most anticipated of these are:  What are the core differences between these projects? and Which project will bring more practical value? Today, let‘s talk about the differences among between several major Mesh +Blockchain projects.

SmartMeshThe Tokenized TCP/IP Protocol for the Age of Value-Based Internet

SmartMesh is the first team to develop a blockchain-based Mesh Network in the world, and it is the only Mesh project listed on major global cryptocurrency exchanges. The SmartMesh protocol is a peer to peer network protocol that is essentially a token-basedTCP/IP protocol for the next generation internet of value. SmartMesh enables smart devices to connect with each other without internet access, and data and value can be transmitted and transferred from one device to another in such Mesh networks.

In order for the Mesh network to extend in a wider range, a large number of nodes are needed. SmartMesh incentivizes users to provide sustained online nodes through its SmartMesh SMT Token. The SmartMesh development team has also developed and optimized the Mobile Raiden Network to make the Raiden network available for smart mobile devicesThis solves the problems of slow on-chain transactions and high costs and manifests the theory of having token incentives into reality.

However, enduring and stable mesh networks are not easily built with cellphones alone due to their mobility and wandering users. In order to overcome this challengethe MeshBox project was launched, which will be a cornerstone in the endgame of the SmartMesh ecosystem. MeshBox is a hardware box combining home routerstorage and streaming functions, among others, based on the SmartMesh protocol. This will provide better range and stability within Mesh networks and add functionality and features that benefit both users of the Mesh network as well as Meshbox owners who can earn cryptocurrency rewards by providing their box as a service to the local Mesh network.  The combined powers of SmartMesh and Meshbox give way to a sustainable and robustly featured agile network system that brings its own 21st Century digital economy of value, data, and fungibles to any locale, empowering local communities and integrating with any existing IoT infrastructure.  

The most prominent feature of Meshbox is its gateway functionalityThis allows Meshbox to break through and serve as a throughput portal to the greater internetWhen this is enabled, all the devices on the Mesh can access the internet as long as the Meshbox stays connected to it. This is vital in areas where there is little or no access to the internet. Mobile Raiden runs on the MeshBox as well to provide real-time token incentives for packet forwarding which means the owner can earn SMT tokens to help build and facilitate a local mesh network. So SmartMesh and Meshbox technologies can join forces and establish wireless wide-range ad-hoc networks without fiber optics or any centralized telecommunications infrastructure.

The distributed storage function and IPFS mechanism of Meshbox also enhance the network making it more efficient and useful. When distributed files are securely stored locally, the Meshbox owner is able to mine MESH tokens. If other users want to download these files, the owner of the Meshbox can mine even more Mesh Tokens. In order to get more and more tokens, Meshbox owners will be incentivized to provide long-term and stable nodes for Mesh networks.

Besides mining both SMT and MESH tokens, they can also mine any other tokens launched on the SmartMesh blockchain, which is the only mesh project in the world boasting their own blockchain. This public chain is compatible with and comparable to the Ethereum chain but is configured to run on smartphones and devices.

Most importantly, SmartMesh has an internal project called Atmosphere in the pipeline, which will support crosschain interoperability between various blockchains.  SmartMesh is establishing the next generation fundamental protocol for the Internet of Value, and Atmosphere will define the Age of Third Generation Internet: Token Switching, which will supersede the first generation of Circuit Switching and the second-generation Packet Switching as we enter the brave new world of Mesh Mobile Crypto-Economic Networks.

Summary ReviewBy establishing the underlying protocol for wireless mesh networks and leveraging the stability and added functionality provided by Meshbox, SmartMesh will have a completed a closed-loop ecosystem based on blockchain technology when the project roadmap comes to fruition around 2019WhenSmartMesh is implemented, a parallel Internet will be built giving access to 3.9 billion currently unconnected people, opening up their economies to the rest of the world and vice-versa, and all the while giving the already connected population options to enjoy greater closed-circuit security, communications, data transfers and secure digital payments offline, and off the grid any time and any place.

SmartMesh- official website

SmartMesh- whitepaper:

MeshBox- official website

RightMesh: The Power of Connectivity in the Hands of the People

The mission of RightMesh is to connect billions of people and lift 100 million people out of povertyThe slogan “The Power of Connectivity in the Hands of the People is the first thing you see when you visit their official website.

RightMesh is a software-based mobile Mesh networking technology platform and protocol which is powered by blockchain technology and its own Token. RightMesh is able to create Mesh networks via smartphones, and each smartphone is able to connect to a node. People can transmit data through the Mesh network without internet whenever they need to do so.

RightMesh creates Mesh networks using the Wi-Fi, Bluetooth, and Wi-Fi direct functionalities built-in to smartphones.  Relying on these connections alone, however, is a double-edged sword.  On the one hand, most smartphones are able to connect to the Mesh network conveniently via these features; on the other hand, a stable network seems to be largely unachievableAs mentioned before, people with mobile phones are not stationaryAs nodes inevitably wandertheir corresponding network connectiondrop easilyespecially given the limited range of Wi-Fi, Bluetooth, and Wi-Fi direct. Without any long-term and stable nodes supporting the Mesh network, RightMesh can only be used for short-term wireless communications.

In order to strengthen the support that is provided by the wandering smartphone nodes, key supporting network nodes named “Superpeers are to be established. These Superpeerwhich are connected to the internet and run both RightMesh and full Ethereum nodes to distribute tokens into the ecosystem. Nevertheless, these Superpeers are more like centralized nodewithin the RightMesh framework, which conflicts with the fundamental decentralized approach to connectivity that blockchain embracesMeanwhileRightmesh network nodes cannot even connect to Superpeers directly if the Superpeer is not itself connected to the internet or other nodesSettlements and distribution of tokens are also not available under such conditionsThe RightMeshframework is very dependent on the internet in order for it to function.

The impetus for people to establish their devices as network nodes also plays a significant role in the establishment of Mesh networks. According to the official website of RightMesh, their token incentives will be in place for the sharing of nodes. RightMesh indicated that MicroRaiden will be applied in the routing of their Mesh networks. However, MicroRaiden payment channels only provide one-to-many services, which are one-way and cannot be used as transit channels. In theory, they are not applicable to Mesh networks. If an ordinary node creates a channel to a superpeer, only the transfer payment from the ordinary node to the superpeer can be realized. 

Summary Review: Rightmesh claims they use MicroRaiden to incentivize packet forwarding, which is an inadequate solution and will foul things up when it’s put into playFirst of all, bidirectional channels are not able to be created with two unidirectional channels via MicroRaidenSupposing there are two unidirectional channels between node A to Superpeer and Superpeer to node B ( A-> Superpeer->B), node A can send a payment to node B through the Superpeer. However, if node B wants to send a payment to node A, another channel from node B to node A needs to be establishedThis is both costly and inconvenient. In this case, a Raiden (notMicroRaidenbidirectional channel is appropriate, because it is a completely different animal with different functionalities suited to this purpose

Also, the security of a MicroRaiden channel is not guaranteed by the expiration time and the Hashlock. If node A sends a payment to node B through the Superpeer, the Superpeer is able to close the channel after he has received this payment from node A and withdraw this payment on the blockchain. In other words, Superpeers are able to steal the tokens which node A wants to give node B. In this system, such a centralized Superpeer cannot be trusted. Only if the security was guaranteed by the expiration time and the Hashlock can this security lapse be avoided.

This is described in detail in the implementation document of the Raiden Network. However, the Raiden Network itself is not enough to support mesh networking, therefore SmartMesh developed Mobile Raiden to customize it and adapt it for Mesh networks that are live even when the Internet is not available. RightMesh may well need to leverage the Mobile Raiden Network developed by Smartmesh down the line in order to function efficiently and securely.

But even with Mobile Raiden, without distributed networking nodes like Meshbox in the SmartMesh Ecosystem to provide local support and functionalitythe goal of establishing long-term and stable Mesh network is going to be evasive for RightMesh to realize without relying on Superpeers which are both centralized and have payment security lapsesLooking down from our vantage point right nowRightMesh is not mature enough to put truly practical Mesh networks into real play.

RightMesh- official website

RightMesh- whitepaper:

BlockMeshTCreate the World’s First Decentralized, Cost-free Communications Network

According to BlockMeshofficial website, ”All data sent through our network will be absolutely cost-free”. Users can earn Tokens for supporting the network and their Tokens can be used in peer to peer payments within this network. This token incentive system is not difficult to fathom. However, a more detailed incentive strategy was nowhere to be found on the official website.

Similar ambiguity appears in relation to their wallet and off-line paymentsBlockMeshofficial website shows that people can trade off-line with the assistance of the Raiden Network first proposed by SmartMesh, but how to implement this is not detailed. Moreover, there is no information about the development of the BlockMeshteam on the Raiden Network.

MeshEX is a custom Wi-Fi router being developed byBlockMesh. Users may utilize the routers in their house or in their office. They will be rewarded with Tokenfor supporting the data free Mesh network via the MeshEX. Another way of putting it would be to say that MeshEX is BlockMesh‘s version of SmartMesh‘s Meshbox.

However, in the BlockMesh whitepaperwe found that most of the content is only described at the theoretical level and it rarely delves into the nuts and bolts of how it would really workCompared withSmartMesh and RightMesh, BlockMesh seems to be trying to provide a blockchain mesh solution but only putting out a very vague overall idea of how it will all work.

Comment: Blockmesh only describes mesh networking in their whitepaper with little elaboration about any blockchain solution. It is obvious that BlockMesh is lacking in any significant blockchain experience. The wallet and off-line payment are still at the theoretical level, and the technology roadmap for further blockchain research and development remains unclear. While these concepts were first proposed in the SmartMesh white paper and have already been implemented by SmartMesh, Blockmesh has not yet commenced Raiden developmentOnce again, a piece of advice to BlockMesh would be to adopt SmartMesh’s blockchain solution and focus the rest of their R&D on mesh connectivity.

BlockMesh- official website:

BlockMesh- whitepaper:

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Hugo Chisholm via Flickr


Ethereum Price: ETH Has Managed to Flip Major Hurdle at $1,800




Ethereum price has been in consolidation mode for the past few days as macroeconomic concerns send investors into conservation mode. At the time of writing, Ethereum was trading slightly higher at $1,832.32. ETH’s total market cap, as well as its total volume, have increased over the past 24 hours. It currently has a market capitalization of $220 billion.

Fundamental Analysis

Ethereum price has been moving sideways for the past few days, in tandem with the global cryptocurrency market as investors shift their focus to US debt ceiling talks and Fed’s monetary policy outlook. The global crypto market cap has increased by 1.30% over the last day to $1.13 trillion, while the total crypto market volume fell by more than 7%.

The cryptocurrency market has been moving sideways for the past few days characterized by a mix of bullish and bearish trading sessions. The recent trend in the cryptocurrency market has been amid the uncertainty around the outcome of the US debt ceiling talks and the prospect of a US government default. With less than a week to default, investors have shifted to conservation mode, especially around risk assets such as cryptocurrencies.

Potential interest rate hikes by the US Federal Reserve have also been weighing on the markets. Traders have ramped up bets of an interest rate hike in the Fed’s next meeting in June after several policymakers sounded their support. According to a gauge released on Friday,…

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Bitcoin Price: BTC Bulls Need to Sustain Current Momentum for Further Price Growth




Bitcoin price was trading higher on Tuesday, building on gains made in the previous trading session. At the time of writing, Bitcoin was trading 1.04% at $27,129.92 after clearing the crucial $27,000 level. The coin’s market cap has risen higher to $526 billion over the last day, while its total volume edged higher.

Macroeconomic Concerns

Data by Coinmarketcap shows that the global crypto market cap has increased by more than 1% over the last day to $1.13 trillion, while the total crypto volume jumped 20% over the same period. Bitcoin’s dominance also increased over the day.

Bitcoin’s price was gaining on Tuesday on the back of greenlight of some retail crypto trading by Hong Kong. Hong Kong’s Securities and Futures Commission announced on Monday that it would allow retail traders to trade certain crypto assets beginning June 1 on registered platforms. Markets widely anticipated the move amid Hong Kong’s broader efforts to become a global crypto hub.

Even so, Hong Kong’s new guidelines are in sharp contrast with China’s ban on crypto trading in 2021, as well as the continued US regulatory crackdown on cryptocurrencies since the fall of crypto exchange FTX. The Securities and Futures Commission of Hong Kong (SFC) has already licensed two digital asset platforms, Hash Blockchain and OSL.

Despite Hong Kong’s move to support crypto assets, concerns about the Federal Reserve’s monetary policy outlook have continued to weigh on markets…

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Polkadot Price is in Consolidation Mode: What Next?




Polkadot price has been under intense pressure for the past few days amid the recent bearish sentiment in the crypto market. At the time of writing, DOT was barely unchanged, trading at $5.351. The altcoin has dipped more than 25% for the past month but remains 24.23% higher in the year to date. The asset’s total market cap has slipped over the last day to $6.343 billion, ranking it the 13th largest cryptocurrency.

Is the Worst Yet to Come?

Polkadot price has been consolidating for the past few days amid the recent sell-off in the crypto market. Statistics by Coinmarketcap show that the global crypto market cap has dropped 1.29% over the last day to $1.13 trillion, while the total crypto market volume decreased by nearly 7%.

The biggest cryptocurrencies, Bitcoin and Ethereum, have been in a freefall for the past few days, falling to $26,880 and $1,807, respectively. Most altcoins, including BNB, Cardano, Solana, Shiba Inu, and Avalanche, have plunged seeing that most altcoins move in tandem with the performance of heavyweights Bitcoin and Ethereum.

Looking ahead at the global market mayhem with the US debt ceiling debate and the US banking crisis, investors expect more downside in the crypto market. The US dollar has continued growing stronger, hovering around a six-month high against the Yen, as optimism around the US debt ceiling talks in Washington raised expectations of higher-for-longer interest rates.


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