The Internet Blockchain: A Distributed, Tamper-Resistant Transaction Framework for the Internet

10 November 2016

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While the importance of the global Internet cannot be overstated, existing security mechanisms for the Internet infrastructural resources like IP addresses, AS numbers, BGP advertisements and DNS mappings rely on a Public Key Infrastructure (PKI) that can be potentially compromised by state actors and Advanced Persistent Threats (APTs). In this paper, we advocate the use of a blockchain based mechanism to secure the Internet infrastructure. We describe how a blockchain derived from Bitcoin's blockchain can be used to create a tamper-resistant framework for core Internet resource transactions, thereby securing the Internet from malicious actors. The key advantages of this approach include the elimination of any PKI-like root of trust, a verifiable and distributed transaction history log, multi-signature based authorizations for enhanced security, easy extensibility and scriptable programmability to secure new types of Internet resources, potential for a built in cryptocurrency and compact encoding of transactions using multiple inputs and outputs per transaction.