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

July 08, 2020 00:19:41
Episode Cover

Read_416 - The Root of Money? [Atlas Shrugged]

"Rearden heard Bertram Scudder, outside the group, say to a girl who made some sound of indignation, “Don’t let him disturb you. You know,...

Listen

Episode

December 28, 2020 00:34:34
Episode Cover

Read_478 - Bullish on Bitcoiners [John Vallis]

"After all, Bitcoin is just a tool, and it’s only revolutionary in so far as its unique attributes generate novel possibilities for action —...

Listen

Episode

November 28, 2018 00:41:36
Episode Cover

CryptoQuikRead_192 - The Cryptocurrency Phenomenon [Part 7]

"In practice, the Proof-of-Stake approach proves to be problematic in systems where the coins “at stake” were not created through Proof-of-Work." Today we explore...

Listen