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

July 01, 2020 00:58:50
Episode Cover

Read_411 - 21 Million is Non-Negotiable [Phil Geiger]

"Distorting supply only serves to distort a currency’s ability to perform its job of storing and communicating value; it can’t make a currency more...

Listen

Episode

September 13, 2024 01:46:54
Episode Cover

Chat_112 - Consensus Problems with ReardenCode

"If we leave Bitcoin as it is, it’s a new money for the 1%. The 1% can absolutely hold their own coins in a...

Listen

Episode

March 01, 2018 00:13:51
Episode Cover

CryptoQuikRead_008 - Bitcoin Turning into a Multi Layered System

Ber Kessels discusses the value of Bitcoin becoming a secure and reliable transport layer for a new protocol stack for transferring value. The most...

Listen