Our Story
Realization that PKI is Broken
While working at one of the world’s largest IoT organizations, one of our biggest customers’ devices all went offline around the world. We found that a certificate stored on the devices had expired, leading the devices to believe that they could not trust the servers, and so they stopped communicating. The solution? Trick the devices into believing the time was in the past, allowing a patch to be supplied OTA to update the certificates. From this, we realized that most of the world’s IoT devices had a vulnerability related to their inability to securely acquire time - if we could trick the devices for good purposes, how many more devices could be tricked for bad ones?
Solving the Problem of Time
A valid knowledge of time is assumed in the system of Public Key Infrastructure that secures today’s Internet. It is a chicken-and-egg problem - in order to securely get the current time (or, indeed, to communicate securely), a valid current time is required. We solved the Problem of Time by leveraging the Nakamoto Consensus, as used in certain blockchain technologies, to securely bootstrap time. This was a fundamental and exciting discovery! We named the algorithm that implemented the technology “BlockQuick™.”
Decentralizing the Blockchain
In the process of proving out implementations of Secure Time, we found that the methods weren’t practical - the bandwidth and memory requirements to securely communicate with a blockchain network were too great for edge systems (normal computers and devices). All consensus-based blockchain networks relied on designated full blockchain nodes to proxy communications on behalf of edge systems - the decentralized, trustless, world of blockchain networks all required centralized on/off ramps to be useful! This schizophrenia was not only a problem for our implementations of BlockQuick, it was severely limiting the scope of all consensus-based blockchain systems.
The Birth of the Diode Network
We knew if we could decentralize the on/off ramp technology, we would enable a whole new class of Web3 applications that would also be sustainable without exploiting user information - we went to work. By leveraging BlockQuick, Ethereum (selected after much consideration), and our deep experience in scalable edge systems and web services, we launched the Diode Network in 2019. The Diode Network is the world’s first and only public consensus-based blockchain that can communicate directly with every type of system on the planet.
Commercial Validation
As the Diode Network grew, we began to foster a set of applications that took advantage of the network’s bomb-proof security, ease of maintenance, and lower cost-of-operation. Distributed file sharing, Virtual Private Network (VPN) capabilities, and other remote productivity tools uniquely benefit from the Diode Networks’ serverless and trustless environment, particularly in on-premise applications that need remote accessibility. We launched an initial set of capabilities and also began developing partnerships with organizations who want out of the business of hosting edge-to-user communication servers.
The Future of the Internet
Today, the Diode Network is more secure than today’s Internet, and completely removes core problems/abuses caused by services centralization and social engineering exploits. It is a leading candidate to underpin the future of Web3 communications, and provides a practical path out of the increasingly snarled mess that is today’s Web2 Internet infrastructure.
The ramifications of these innovations are exciting and will change the face of the Internet! Join us to Upgrade the Internet!