Anarcho-capitalist anarchist hacker collective, Prison Architect, has come up with a database architecture to house its own blockchain technology.
The idea is to combine the strengths of multiple different blockchain architectures, such as Ethereum and Bitcoin, and use them to provide a secure, transparent and decentralized database for the general public.
“Our approach is to build a blockchain-based database system for the global prisoners,” said Prison Architect founder, Jeremy Menezes.
“We have developed a prototype for the inmates’ database, and then we are going to build our own version of the blockchain and use the Ethereum blockchain to store our data.”
Menezos explained that his team has been working on the project for over two years, and is currently building the prototype with a private team of academics and experts.
The goal of this project is to make it possible for the prisoners’ data to be transferred from one blockchain platform to another, Menezers told Business Insider.
Bitcoin, which has been the world wide leader in blockchain technology since 2009, has proven to be a popular platform for large-scale data storage, but is also plagued by technical issues, according to Menez. “
The project was started by me, Jeremy, in August 2017, and we are currently using the Bitcoin blockchain for the data.”
Bitcoin, which has been the world wide leader in blockchain technology since 2009, has proven to be a popular platform for large-scale data storage, but is also plagued by technical issues, according to Menez.
“Bitcoin is slow to sync with the blockchain,” Menez said.
“So, we want to use Ethereum to synchronize the data.
Ethereum has the best scalability of all blockchain technologies, but we have some technical issues.”
Muezes explained that the project is still in the early stages of development.
“It is only possible to build it now because of the Bitcoin Foundation support, which means we have to build the database on their platform, but it is a very ambitious project,” he said.
The blockchain project will likely require several years to complete, but Menezs is confident that it will succeed.
“There is a lot of excitement and interest in Ethereum and blockchain technology, but I believe that it can be a revolutionary technology,” he told Business Insider.
“When the project comes to fruition, it will be a huge achievement.”
The Prison Architect project was not the first blockchain project to be created by Prison Architect.
Menez, who was a researcher at ETH Zurich, co-founded the Ethereum project in 2014.
The team has already built the first prototype for a blockchain based database, which was released in May.
Ethereum is a cryptocurrency that was designed to allow for transactions that do not require a central authority.
In the past year, Ethereum has grown in popularity and is now used by thousands of businesses around the world, including the likes of Airbnb and Uber.
Muez told BusinessInsider that he and his colleagues are planning to release more prototypes to the public in the coming weeks.