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

November 15, 2022 01:00:20
Episode Cover

Read_673 - Crypto is Peak Silicon Valley [Allen Farrington]

"My learned opinion is that although your average toxic Bitcoin maximalist might be able to sniff out this bullshit a mile away, Silicon Valley...

Listen

Episode

July 31, 2025 02:21:46
Episode Cover

Guy's Roundtable_011 - Treasuries, Politics, Quantum & Why This Cycle is Different

Why does this Bitcoin cycle feel… different? In this Roundtable, I sat down with Simple Steve, Bitcoin Mechanic, and my brother Jeff Swann for...

Listen

Episode

September 06, 2022 01:08:18
Episode Cover

Read_650 - How to Be a Bitcoin Maximalist [Pete Rizzo]

"Cryptocurrency market-isms are built on claims about the economic and computer science advances Bitcoin and cryptocurrencies have achieved, and thus have a direct relationship...

Listen