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

September 12, 2018 00:32:21
Episode Cover

CryptoQuikRead_149 - Bitcoin as a PrivacyCoin

“Ever since its inception Bitcoin has never really been private…. Fortunately, spying on Bitcoin users is becoming increasingly difficult.” - Aaron Van Wirdum Listen...

Listen

Episode

August 30, 2022 00:40:11
Episode Cover

Read_647 - Understanding Decentralization in Bitcoin [Arman the Parman]

"The answer that matters depends on the context. The context you need to have is that cryptocurrency, i.e. Bitcoin, was invented/discovered initially to allow...

Listen

Episode

April 19, 2021 00:50:45
Episode Cover

Read_518 - Two Taproot Activation Clients! [Aaron Van Wirdum]

"discussion about Taproot activation turned out to be a long and sometimes heated debate. Now, it has resulted in two different Taproot activation paths,...

Listen