Published on Nov 28, 2021


icon-alt1 Min

From a technical perspective, bandwidth is defined as the total megabytes or gigabytes per second of data a network is capable of handling. When the network reaches its bandwidth limit, the data flow becomes insufficient to handle the volume, resulting in a slower connection.

In cryptocurrency, just like the Dollar, bandwidth would act as a type of currency on a decentralized network. Bandwidth has the potential to provide perfect transparency and security without the need for a centralized financial institution. Bandwidth can become a super currency capable of functioning in the absence of central banks.

The core issue with bandwidth is the credibility of the money. Without faith and belief in the system, a physical, virtual, electronic, or abstract currency cannot exist. Regardless, bandwidth is significant and may aid in the progress of technology in the blockchain business.

Share this blog on

Subscribe to our Newsletter

Get the best updates from the Web3 ecosystem & The Dapp List in your inbox every week 👇