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

January 26, 2021 01:53:53
Episode Cover

Chat #56 - DLCs, PTLCs, the Oracle Problem & More with SuredBits' Nadav

"Any solution to the oracle problem, makes Bitcoin able to do anything that any other protocol out there can do." - Nadav Kohen So...

Listen

Episode

March 01, 2018 00:08:42
Episode Cover

CryptoQuikRead_012 - Wyoming House Unanimously Approves Two Pro-Blockchain Bills

Is Wyoming set to become the nation's most Bitcoin friendly state? Listen to learn more! From Bitcoinmagazine.com and written by Erik Kuebler --- Send...

Listen

Episode

June 10, 2020 00:38:07
Episode Cover

Read_402 - Human Rights Foundation Funds Bitcoin Privacy [Aaron Van Wirdum]

“At the moment, the Bitcoin network is improving but is far from as usable and private as it needs to be with authoritarianism and...

Listen