CryptoQuikRead_228 - Minimum Viable Decentralization [John Backus]

April 05, 2019 00:47:18
CryptoQuikRead_228 - Minimum Viable Decentralization [John Backus]
Bitcoin Audible
CryptoQuikRead_228 - Minimum Viable Decentralization [John Backus]

Apr 05 2019 | 00:47:18

/

Hosted By

Guy Swann

Show Notes

Today we cover another great piece on the topic of what can be learned from the history of P2P protocols and their successes & failures.  Written by John Backus @backus, his article "Minimum Viable Decentralization," lays out a concept that may have been the deciding factor that separated the winners and losers in the file sharing revolution.  Why did BitTorrent succeed even without a discovery mechanism and its lack of privacy, when technology like Freenet, or iMule offered vastly better privacy and security than alternatives?  Listen to find out. Plus, don't miss my commentary on how this concept, plus others from recent reads, could be applied to the Bitcoin/Lightning stack as well as other altcoins and blockchain applications.  There is an entirely new ecosystem at stake, not learning from the failures of the file sharing years could be a recipe for disaster. Don't miss this one. Follow John Backus on Twitter (https://twitter.com/backus) and don't forget to drop applause on his amazing collection of works over on Medium (https://medium.com/@jbackus/minimum-viable-decentralization-d813dcf653fc) Listen to the previous episode by Backus mentioned in the commentary here (https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_141---Fat-Protocols-Arent-New-e2ndq4) --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

June 06, 2019 00:39:08
Episode Cover

GuysTake_017 - Erlay, Dandelion, & BitcoinOps

With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently...

Listen

Episode

October 11, 2024 01:10:24
Episode Cover

Chat_115 - FEMA, Fiat, & The Cancer of Government - RANDOM RANT [THE Bitcoin Podcast]

In this episode originally on THE Bitcoin Podcast, I had an intense and unfiltered conversation with Walker, where we dove into some hard truths...

Listen

Episode

January 14, 2020 01:05:08
Episode Cover

CryptoQuikRead_339 - Proof-of-Work, The Fundamental Laws [Rory Highside]

"It is therefore a universal truth that all work has a measurable cost of energy transformation due to the very nature of the universe,...

Listen