CryptoQuikRead_261 - The God Protocols [Nick Szabo]

June 19, 2019 00:30:15
CryptoQuikRead_261 - The God Protocols [Nick Szabo]
Bitcoin Audible
CryptoQuikRead_261 - The God Protocols [Nick Szabo]

Jun 19 2019 | 00:30:15

/

Hosted By

Guy Swann

Show Notes

"Imagine the ideal protocol. It would have the most trustworthy third party imaginable — a deity who is on everybody's side. All the parties would send their input to this god. God would reliably determine the results and return the output. In addition, God, being the ultimate in confessional discretion, would ensure that no party would learn anything more about the other party's input than they could learn from their own input and the output."  - Nick Szabo

Another great piece by Szabo about the implications of a multi-party virtual computer and the incredible possibilities that such a protocol could open up. With amazing foresight, Szabo wrote this piece in 1997, detailing many of the trade-offs and complications in creating a shared system just like Satoshi's.  Is Bitcoin The God Protocol he hoped to see?

Don't forget to check out the collection at the Nakamoto Institute & Szabo's Unenumerated blog:
https://nakamotoinstitute.org/the-god-protocols/
https://unenumerated.blogspot.com/2007/08/mutually-private-computation.html

Be sure to follow @nickszabo4 and the @NakamotoInst on twitter!

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

April 23, 2019 00:55:01
Episode Cover

CryptoQuikRead_239 - How to Scale Bitcoin Without Changing a Thing [Part 2 - Nic Carter]

Even with #Bitcoin, are we destined for a future with intermediated payments?  Will that give us a different color of the same system we're...

Listen

Episode

June 12, 2019 01:25:34
Episode Cover

CryptoChat_12 - Talking Privacy, Bitcoin & the New Economy with the Raleigh Bitcoin Meetup

At the recent Raleigh Bitcoin meetup we had an awesome discussion all about privacy and bitcoin, and the intertwined destinies of both. Hanging out...

Listen

Episode

November 21, 2020 01:17:36
Episode Cover

Guy's Take #37 - Dear James Woods, Sincerely Guy Swann

"All you can do with Bitcoin once you buy it is sell it, but you need somebody else to buy it from you." -...

Listen