It can be summed up in four points:
- Users own all the wireless hardware necessary to form a large network
- Management of the entire system occurs on a public blockchain
- All users seamlessly transact with each other on the blockchain directly, meaning the network can function without any company
- Wholesale Internet prices are brought to the consumer.
More for the Local Economy In the examples just mentioned we pay each other for sharing out Internet.
In this model, the infrastructure to deliver Internet to your neighbor is owned by the community.