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Underwriting the Internet: How Technical Advances, Financial Engineering, and Entrepreneurial Genius are Building the Information Highway by Leslie S. Hiraoka

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Chapter 2 Arpanet and PC Prelude

The Internet is not any one system or device but is rather a "network of networks." It uses software, communication protocols and routing and switching devices to link together a number of different terminal devices (PCs, phones, TVs) to a variety of communication channels including broadcasting, various cable systems, telephone networks, value-added networks and local or wide area networks.1

Its origins can be traced to 1969 when its predecessor, the Arpanet, was established by the U.S. Department of Defense (DOD). In the then-Cold War environment pitting the United States against the Soviet Union, the Pentagon built Arpanet as a "survivable communications network" that could withstand a nuclear attack by the ...

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