Resilient to Abuse and Monopolies

To achieve our goals of equal access, equal rights and equal pay we create a system that ensures:

  • Resilience to abuse
  • Resilience to monopolies

By the nature of the SatLights Network abuse and creating monopolies is significantly reduced.

Resilient to Abuse and Monopolies (Infographic)

There are three key factors for a company to establish a de-facto monopoly in the economy. To achieve this, the company must have control over two out of three key factors:

  1. Control over the marketplace:
    Ownership and control of the marketplace, which connects clients and service providers.
     
  2. Control over the connecting:
    Control over how clients and service providers are connected through central servers, owned and controlled by the marketplace owner.
     
  3. Control over the access:
    Control over access to the marketplace, which can be used to deny access to certain service providers or clients.

If a company has control over two of these three factors, it is able to dictate the terms of service, such as prices and margins, to service providers and effectively establish a monopoly. Any service providers who do not comply with the terms set by the company risk being excluded from the market.

Resilient to Abuse and Monopolies (Infographic)

How do we solve it?

The SatLights Network is a decentralized system that aims to prevent abuse and monopolies by using protocols and cryptography, as well as principles of game theory and smart contracts. The network is built on a marketplaces protocol, which allows for multiple marketplaces to be created but does not give any one entity control over connecting clients to service providers.

The requests made by clients are processed by SatLights Nodes, which are decentralized and do not have any information about what is being processed. In addition, the marketplaces in the SatLights Network operate under the same rules for everyone, preventing any entity from excluding or treating service providers differently.

Resilient to Abuse and Monopolies (Infographic)

Resilience to Abuse

1. The decentralized SatLights Network uses protocols and cryptography to connect clients and service providers, ensuring that no one can impact the rules of the network.

2. Business contracts are secured by smart contracts using cryptography, making them unilaterally unchangeable.

3. The mathematical principle of Game Theory ensures that one cannot lose more than they gain, thus protecting funds and ensuring service provision.

Resilient to Abuse and Monopolies (Infographic)

Resilience to Monopolies

1. The SatLights Network is built on a decentralized marketplaces protocol, which does not provide any control over connecting clients to service providers.

2. The network uses SatLights Nodes to process requests, which anyone can add to the network, preventing any one entity from having control over the request processing.

3. The same rules and rights are enforced across all marketplaces and service providers, ensuring fair competition and preventing any exclusion or unequal treatment among competing marketplaces.